Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    121 Tc-1-235 Piedmont, SC 29673
    Back to Search
    Property profile & analytics

    121 Tc-1-235, Piedmont, SC 29673

    View on Map
    • Industrial properties
    • 6,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 121 Tc-1-235

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This ±4,800 square foot single-tenant industrial flex building is located at 121 Prosperity Boulevard in Anderson, South Carolina. The property boasts a prime location, offering easy access to Interstate 85 and proximity to major employers including Donaldson Center, GE Aviation, Coca-Cola, KW Beverage, Bosch, TTI, and Plastic Omnium. The building itself is a single-story structure with a total of 6,000 square feet, featuring two drive-in doors for convenient loading and unloading. Ample parking is available with eight designated spaces. The building is currently under construction and offers 480V 3-phase 400-amp electrical service. The property's Anderson County location provides access to a robust workforce and established infrastructure. The property's zoning is currently unlisted. The Assessor's Parcel Number (APN) is 2400005016. This presents a unique opportunity for businesses seeking a functional and strategically located industrial space. The building's single-tenant occupancy ensures a streamlined operational environment. The combination of convenient access, ample parking, and proximity to major corporations makes this property an attractive option for a variety of businesses. Inquire today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Piedmont
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.4893
    Latitude
    34.7052

    Comparable in this City

    • Value Estimation by Request
      24,000 SF

      Cooper Rd

      Distribution properties
      0 Cooper Rd, Piedmont, SC 29673
      View Details
    • Value Estimation by Request
      85.90 Acres

      120 Moon Acres Rd

      LIGHT INDUSTRIAL
      120 Moon Acres Rd, Piedmont, SC 29673-8693
      View Details
    • Value Estimation by Request
      20.40 Acres

      325 Bessie Rd

      LIGHT INDUSTRIAL
      325 Bessie Rd, Piedmont, SC 29673-8829
      View Details
    • Value Estimation
      $8,660,000
      13.52 Acres

      393 Grv Reserve Pkwy

      LIGHT INDUSTRIAL
      393 Grv Reserve Pkwy, Piedmont, SC 29673-5700
      View Details
    • Value Estimation by Request
      18.59 Acres

      118 Matrix Pkwy

      LIGHT INDUSTRIAL
      118 Matrix Pkwy, Piedmont, SC 29673-6553
      View Details
    • Value Estimation by Request
      50.00 Acres

      1866 Old Grv Rd

      LIGHT INDUSTRIAL
      1866 Old Grv Rd, Piedmont, SC 29673-9661
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,570 SF

      Piedmont Industrial Flex/Manufacturing Property

      11,570 SF industrial flex/manufacturing building on 1.13 acres.
      2516 River Rd, Piedmont, SC 29673
      View Details
    • Contact for pricing
      12,750 SF

      Multi-Tenant Flex Building For Sale

      Fully leased flex building in active commercial corridor.
      100 Business Pkwy, Piedmont, SC 29673
      View Details
    • Contact for pricing
      3,000 SF

      Retail/Industrial Space on 0.36 Acres

      3,000 SF retail/industrial space on 0.36 acres for sale.
      1733 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • $1,850,000

      Versatile Industrial Space For Sale

      Adaptable industrial space suitable for diverse business operations.
      810 Shiloh Rd, Piedmont, SC 29673
      View Details
    • $3,970,000

      Piedmont Industrial Opportunity For Sale

      Prime industrial opportunity in Piedmont, SC, for sale or lease.
      Exchange Logistics Park Dr, Piedmont, SC 29673
      View Details
    • Contact for pricing
      10,500 SF

      Renovated Warehouse with Outdoor Storage

      Renovated, fully air-conditioned warehouse with easy highway access.
      2310 River Rd, Piedmont, SC 29673
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,882 SF

      Office/Warehouse Space with Laydown Area

      9,882 SF office/warehouse space available for sublease.
      265 Pine Dr, Piedmont, SC 29673
      View Details
    • Contact for pricing
      12,000 SF

      Industrial Space Available for Lease

      12,000 SF industrial space featuring office and warehouse components.
      110 Prosperity Blvd, Piedmont, SC 29673
      View Details
    • Contact for pricing
      1,000 SF

      Piedmont Flex/Industrial Space Available

      Flex/industrial space available for rent in Piedmont, South Carolina.
      1412 Piedmont Hwy, Piedmont, SC 29673
      View Details
    • Contact for pricing
      9,600 SF

      Industrial Space in Piedmont, SC

      9,500 SF industrial property available for rent.
      104 Propes Dr, Piedmont, SC 29673
      View Details
    • Contact for pricing

      Industrial Space Available For Lease

      60,650 SF industrial space available for lease.
      196 Michelin Rd, Greenville, SC 29673
      View Details
    • Contact for pricing
      399,000 SF

      Piedmont Warehouse Space Available

      399,000 sqft warehouse space for rent in Piedmont, SC.
      Hwy 8, Piedmont, SC 29673
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 Tc-1-235
    Piedmont, SC 29673
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    121 Tc-1-235, Piedmont, SC, 29673
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!