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Piedmont Industrial Opportunity For Sale
For Sale
$3,970,000

Exchange Logistics Park Drive, Piedmont, SC 29673

Prime industrial opportunity in Piedmont, SC, for sale or lease.

Property Size28,350 SF
Price / SF$140.04
Days on Market314

Property Features for Exchange Logistics Park Drive

General Information

Standard status Active
Size 28,350 SF
Property subtype Industrial

Building Details

Building Size 28,350 SF
Listing Agency: Lee & Associates Greenville / Spartanburg
Listed By: Micah Williams · License #SC #125472
Source: Lee-associates
Added: Nov 26, 2025 Changed: Oct 6 Last Checked: Oct 5 at 3:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Greenville / Spartanburg

Investment Insights

Based on property information with market context.

This industrial opportunity is located in Highway 86 Industrial Park in Piedmont, South Carolina, specifically in Anderson County, and is approximately 10.6 miles from I-85. All utilities are available. The property features LED lights throughout. The property is suitable for build-to-suit projects.

Key Highlights

  • ±0.6 miles to I‑85 for easy highway access
  • Located in Highway 86 Industrial Park
  • All Utilities Available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$132,661
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,653,220 $2.7M
Cap Rate 7%
$1,895,157 $1.9M
Cap Rate 9%
$1,474,011 $1.5M
Market Conditions
NOI Build-Up for 28,350 SF
Gross rent
$170.4K $6.01/SF
− Vacancy
−$14.3K −$0.50/SF
EGI
$156.1K $5.51/SF
− OpEx
−$23.4K −$0.83/SF
NOI
$132.7K $4.68/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.01 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,653,220
Cap Rate 7%
$1,895,157
Cap Rate 9%
$1,474,011

Alternative Uses

Best Use
Warehouse
$1.90M
$1.66M – $2.21M (±1% cap)
NOI $132,661 @ 7.0% cap · market cap 3.34%
Second Best
Industrial
$1.56M
$1.37M – $1.82M (±1% cap)
NOI $109,250 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$12.11M
$10.60M – $14.13M (±1% cap)
NOI $847,900 @ 7.0% cap · market cap 21.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29673, SC

29,898
Population
12,585
Households
2.4
Avg Household Size
39
Median Age
25%
College-Educated
87%
High-School Grad
70.6 sq mi
ZIP Area
423
Density / Sq Mi
$69,630
Median Household Income
$42,742
Median Earnings
$1,024
Median Rent
$225,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Prime industrial opportunity in Piedmont, SC, for sale or lease.
Where is this warehouse located?
The property is located at Exchange Logistics Park Drive Piedmont, SC.
What is the asking price?
The asking price for this property is $3,970,000.
What are key features of this property?
This property features: ±0.6 miles to I‑85 for easy highway access; Located in Highway 86 Industrial Park; All Utilities Available
More about this property
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