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Property profile

1445- 1451 Ashville Hwy Spartanburg, SC 29303

OFF-MARKET
Warehouses
30,000 SF 2.2 ac lot
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Property summary

AI-generated overview

This exceptional industrial property, located at 1445-1451 Ashville Hwy in Spartanburg, South Carolina, presents a significant investment opportunity. The property encompasses a substantial 30,000 square feet of warehouse space situated on a 2.2-acre lot. The property is comprised of two buildings. Building 1449-1451 offers approximately 20,000 square feet, featuring three dock-high doors and a drive-in door, providing excellent loading and unloading capabilities. Building 1445-1447 comprises approximately 10,000 square feet and includes one dock-high door and a drive-in door. The property is unzoned, falling under Spartanburg County regulations. A key advantage is the inclusion of a billboard lease, offering additional income potential. The asking price for this expansive warehouse property is $1,400,000. This property's strategic location in Spartanburg, SC, combined with its generous size and versatile features, makes it an ideal acquisition for businesses seeking a substantial and well-equipped warehouse facility. The property's zoning status offers flexibility for various industrial uses. This is a rare opportunity to acquire a significant industrial asset in a thriving South Carolina market. The zip code is 29303.

Property profile

Verified
Property type Warehouses
Total area 30,000 SF
Lot 2.2 ac (95,832 SF)

Cap rate & NOI

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

Location

1445- 1451 Ashville Hwy 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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