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Property profile & analytics
OFF-MARKET
Warehouses

412 Groves St Lugoff, SC 29078

198,853 SF 38.9 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional 198,853-square-foot industrial warehouse, located at 412 Groves St, Lugoff, SC 29078, presents a significant investment opportunity. Built in 1975 and renovated in 1990, this Class B, single-story building sits on a substantial 38.9-acre lot and offers immediate occupancy. The property features eight 8' x 10' dock-high doors, ample parking (120 spaces), and high ceilings ranging from 18' to 21'. The building boasts a robust infrastructure including a wet sprinkler system with 100% coverage, metal halide lighting, natural gas, and substantial power supplied by Duke Energy (480v, 3-phase, 3,000 & 8,000 amp panels). Four 3-ton bridge cranes, three 125hp Atlas Copco air compressors, and approximately 8,000 square feet of main office space further enhance its functionality. The property is zoned I-1 Industrial and is conveniently located less than 15 miles from Columbia, SC, offering easy access to I-20. The asking price is $8,500,000, with a NNN lease type and multi-tenant occupancy (currently two tenants). The concrete block and insulated metal construction ensures durability, and the roof is in good condition. Municipal water and sewer services are available. This property is ideal for manufacturers seeking a strategic location near a major city without the associated higher labor costs.

Property profile
Verified
Property type Warehouses
Year built 1975
Total area 198,853 SF
Lot 38.9 ac (1,694,484 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
  • Shawmut Corporation Construction Company General Contractor
  • Aaron Mills Dyeing and Finishing Mill Factory
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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