Technical
Financial
Distress signals
Property profile

117 Southwest Dr Spartanburg, SC 29303

OFF-MARKET
Warehouses
20,400 SF 1.12 ac lot
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Auto Parts Store Motorcycle Shop
  • Auto Repair Shop
  • Distribution Center Logistics Company

Location

117 Southwest Dr Spartanburg, SC 29303
Spartanburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 117 Southwest Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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