412 Groves St Lugoff, SC 29078
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.
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Shawmut Corporation Construction Company General Contractor
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Aaron Mills Dyeing and Finishing Mill Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.