Property profile

2335 New Cut Rd Spartanburg, SC 29303

OFF-MARKET
Land
116,670 SF 10.92 ac lot
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 2335 New Cut Road in Spartanburg, South Carolina, offers 116,670 square feet of space on a 10.92-acre lot. The building boasts a 32-foot ceiling height, making it ideal for various industrial uses. The property includes 21 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading. Ample parking is provided with 99 auto spaces and 36 trailer parking spaces, complemented by a 150-foot truck court. The property also features 10,000 square feet of office space and an ESFR sprinkler system. Its strategic location offers easy access to major transportation arteries, including Interstate 26 (1.4 miles), Interstate 85 (2.4 miles), and is within reasonable proximity to Downtown Spartanburg (7.8 miles), Inland Port Greer (13.5 miles), BMW (16.6 miles), GSP Airport (16.7 miles), and Downtown Greenville (28.2 miles). The Spartanburg County Tax Identification Number is 6-06-00-044.16. The asking price for this prime industrial property is $1,395,000, translating to $11.96 per square foot. The permitted zoning is Industrial. This presents a significant opportunity for businesses seeking a well-equipped, strategically located facility in a thriving industrial area.

Property profile

Verified
Property type Land
Total area 116,670 SF
Lot 10.92 ac (475,675 SF)

Cap rate & NOI

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

Location

2335 New Cut Rd Spartanburg, SC 29303
Spartanburg metro
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Value estimations

Realmo proprietary · 4 methods
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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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