Property summary
This exceptional 105,251-square-foot industrial property, situated on a spacious 20-acre lot in Lake City, South Carolina, presents a significant investment opportunity. The former Talon Zipper manufacturing plant boasts a single-story building with seven loading docks and seven dock-high doors, facilitating efficient material handling. Ceiling heights range from 12 to 16.67 feet, providing ample vertical space for various industrial uses. The property includes two 2-ton cranes, enhancing operational capabilities. Conveniently located near I-95, I-20, the Port of Charleston, Inland Port Dillon, and Florence Regional Airport, this location offers excellent access to major transportation arteries. While the property is sold "as is," the seller is willing to negotiate roof repairs prior to closing, with adjustments to the purchase price. Limited historical DHEC information is available. A 1031 exchange is a possibility, and the seller may offer interim financing for up to three years. The property is zoned for industrial use and features a 1966 construction date. The asking price is $1,699,000, translating to $16.14 per square foot. The APN is 00169-31-029.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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Property description
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Zoning
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