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    1208 Old Norris Rd Liberty, SC 29657

    For Sale
    Contact for pricing

    182,508 SF Manufacturing Building - Investment Opportunity

    Property size:
    182,508 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a substantial 182,508-square-foot light manufacturing building situated on a generous 27.47-acre lot in Liberty, South Carolina. The property, located at 1208 Old Norris Rd, is classified as Class B and zoned for Industrial Light Manufacturing. The building boasts significant features including approximately 12,166 square feet of office space, four exterior truck doors, one interior truck dock well, and two drive-in doors. Ample parking is provided with 207 spaces. The building offers approximately 18'-22' clear heights and is 98% air-conditioned. A long-term tenant currently occupies the building, having been in place for approximately 60 years. The existing lease expires on March 31, 2029, with a single ten-year renewal option available. This property represents a compelling investment prospect due to its size, features, existing tenancy, and strategic location in Pickens County, SC, zip code 29657. The property's substantial size and established tenancy make it an attractive option for investors seeking a stable, long-term income stream. The ample acreage also allows for potential future expansion or development.

    Property Features for 1208 Old Norris Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    182,508 SF
    Class
    B
    Lot Size
    1,196,593 SF

    HighLights

    • ±182,508 SF Light Manufacturing Building on ±27.47 Acres
    • ±12,166 SF of Office Space
    • 27.47‑Acre Site in Liberty, SC (Zip Code 29657)
    • Long‑term tenant (60+ years); Lease expires 3/31/2029 with one 10‑year renewal option
    • Four exterior truck doors, one interior dock, and two drive‑in doors
    • 207 parking spaces
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Velvet Drive Manufacturer

    Suggested Use

    Auto Repair Shop Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Liberty
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.7262845
    Latitude
    34.7751509

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    FAQs

    What type of property is this?
    Manufacturing property - 182,508 SF Manufacturing Building - Investment Opportunity
    Where is this manufacturing property located?
    The property is located at 1208 Old Norris Rd Liberty, SC.
    What are key features of this property?
    This property features: ±182,508 SF Light Manufacturing Building on ±27.47 Acres; ±12,166 SF of Office Space; 27.47-Acre Site in Liberty, SC (Zip Code 29657)
    Request Owner's contact information
    1208 Old Norris Rd Liberty, SC 29657
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    Liberty, SC 29657
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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
    1208 Old Norris Rd Liberty, SC 29657
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