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Property profile

215 Northeast Dr Spartanburg, SC 29303

OFF-MARKET
Warehouses
16,130 SF 0.69 ac lot Built 1986
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Property summary

AI-generated overview

This ±16,130 square foot industrial warehouse, located at 215 Northeast Drive in Spartanburg, South Carolina, presents a significant leasing opportunity. The single-tenant building, constructed in 1986 and classified as Class B, offers a flexible layout suitable for warehouse, distribution, or flex space uses. The property features a 12'-15' ceiling height, enhancing storage and operational efficiency. Loading and unloading are facilitated by one loading dock, two dock-high doors, and one drive-in door. The property also includes a fenced truck court, providing secure and convenient access for vehicles. The 0.69-acre site offers ample space for maneuvering and storage. The building boasts 3-phase power. Recent capital improvements include LED lighting upgrades, interior and exterior repainting, updated dock equipment, and asphalt improvements. The property's strategic location in Spartanburg offers quick access to Interstates 85 and 26, providing convenient access to major transportation routes and markets, including Charlotte, Greenville, and Atlanta. The minimum divisible space is 8,000 square feet, with a maximum contiguous space of 16,130 square feet. The property's APN is 6-12-13-066.00. This well-maintained warehouse is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Year built 1986
Total area 16,130 SF
Lot 0.69 ac (30,056 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

215 Northeast Dr Spartanburg, SC 29303
Spartanburg metro
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Value estimations

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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
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