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    93 Kensington Dr Spartanburg, SC 29306

    Sponsored
    For Sale
    $550,000

    7,000 SF Flex Space, High Traffic Area

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,000+/- square foot flex space industrial property is ideally situated in Spartanburg, South Carolina, at 93 Kensington Drive, 29306. Boasting a prime location near the intersection of John B. White Sr. Boulevard and Southport Road, this property benefits from exceptional visibility and high traffic volume, with over 20,500 vehicles passing daily. The property sits on a generous 1.19+/- acre lot and offers ample parking with 100+ spaces to accommodate employees and clients. The asking price is $550,000, translating to a price per square foot of $78.57. The Spartanburg County Tax Map Number is 6-21-14-034.02. This versatile property presents a significant opportunity for businesses seeking a well-located and spacious industrial facility with excellent access to major thoroughfares. Its flexible design caters to a variety of operational needs, making it an attractive investment for both established companies and startups alike. The combination of size, location, and parking makes this a truly unique offering in the Spartanburg market. Don't miss this chance to secure a prime industrial property in a thriving area.

    Property Features for 93 Kensington Dr

    General Information

    Property type
    Flex space
    Square Feet
    7,000 SF

    HighLights

    • $550,000 asking price for this 7,000 SF flex industrial property.
    • Located on 1.19 acres near the intersection of John B. White Sr. Blvd. and Southport Road in Spartanburg, SC.
    • Features over 100 parking spaces.
    • High traffic count of 20,500 vehicles per day at the major intersection.
    • Spartanburg County TMS # 6‑21‑14‑034.02.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gravy's Grill aka ... Sports Bar Club Rehab Night Club The Lounge at 93 Lounge

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.9695198
    Latitude
    34.9234828

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    FAQs

    What type of property is this?
    Flex space - 7,000 SF Flex Space, High Traffic Area
    Where is this flex space located?
    The property is located at 93 Kensington Dr Spartanburg, SC.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price for this 7,000 SF flex industrial property.; Located on 1.19 acres near the intersection of John B. White Sr. Blvd. and Southport Road in Spartanburg, SC.; Features over 100 parking spaces.
    Request Owner's contact information
    93 Kensington Dr Spartanburg, SC 29306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    93 Kensington Dr Spartanburg, SC 29306
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