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    1 Commerce Dr Gaffney, SC 29340

    Sponsored
    For Lease
    Contact for pricing

    Spacious industrial warehouse, ideal for lease or sale.

    Lot size:
    113,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 113,000-square-foot warehouse, located at 1 Commerce Drive in Gaffney, South Carolina, presents a significant opportunity for businesses seeking expansive industrial space. Built in 1993 and situated on a generous 12.7-acre lot, this single-tenant property offers ample room for operations and expansion. The warehouse boasts impressive ceiling heights ranging from 21 feet 7 inches to 24 feet 5 inches, providing significant vertical storage capacity. With 106 total parking spaces, ample parking is available for employees and visitors. The property's address is 1 Commerce Dr, Gaffney, SC 29340, and its APN is 116-00-00-050.000, located in Cherokee County. Currently, the entire 113,000 square feet is vacant, making it an attractive option for businesses seeking immediate occupancy. This property is classified as industrial, with a warehouse subtype. The entire building is available for sale or lease, offering flexibility to suit various business needs. This prime location in Gaffney, South Carolina, provides excellent access to transportation routes and a growing industrial market. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1 Commerce Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,000 SF

    Building Details

    Year Built
    1993

    Unit(s) available at that property

    Space
    Available Space
    Size
    113,000 SF

    HighLights

    • 113,000 square foot building.
    • 12.7‑acre lot, approximately 280' x 360'.
    • Built in 1993.
    • 6,500 SF main office with 8 private offices, break room, lobby, conference room, plant offices, and labs.
    • Numerous 2‑ton cranes (12' under‑hook height, 240' travel) in the injection molding and machine shop areas.
    • Ceiling heights: 21'7" - 24'5" (under roof joists); 20'9" - 22'9" (under structural steel).
    Property Profile Location Intelligence

    Current Use by Public Records

    BIC Corporation Manufacturer

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Auto Parts Store Department Store Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.6038797
    Latitude
    35.1041766

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, ideal for lease or sale.
    Where is this distribution property located?
    The property is located at 1 Commerce Dr Gaffney, SC.
    What are key features of this property?
    This property features: 113,000 square foot building.; 12.7-acre lot, approximately 280' x 360'.; Built in 1993.
    Request Owner's contact information
    1 Commerce Dr Gaffney, SC 29340
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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
    1 Commerce Dr Gaffney, SC 29340
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