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Property profile & analytics
OFF-MARKET
Warehouses

117 Southwest Dr Spartanburg, SC 29303

20,400 SF 1.12 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20,400-square-foot industrial warehouse is ideally situated in Spartanburg, South Carolina, on a 1.12-acre lot. The property boasts a strategic location, offering convenient access to key transportation arteries and major employers. It's just 16 miles from the Greer Port, 12 miles from BMW, and 15 miles from the Greenville-Spartanburg International Airport (GSP). Downtown Spartanburg is a mere 6 miles away. The warehouse itself comprises 18,840 square feet of functional space, complemented by 1,560 square feet of office area. The building features a generous 16-foot clear ceiling height, enhancing operational efficiency. Loading and unloading are facilitated by four dock-high doors and one drive-in door. Adding to its versatility, the property includes a half-acre of lay-down yard space, providing ample room for storage or maneuvering. The property is offered for sale with a Net Net Net (NNN) lease rate of $7.50 per square foot. The sale price is available upon request. The property's APN is 6-12-13-061.00. This warehouse presents a compelling opportunity for businesses seeking a well-located, functional, and spacious industrial facility in a thriving South Carolina market. The property is zoned for industrial use.

Property profile
Verified
Property type Warehouses
Total area 20,400 SF
Lot 1.12 ac (48,787 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Get 2 It Sales Auto Parts Store Motorcycle Shop
  • Get 2 It Parts Auto Repair Shop
  • International Distributing Co Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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