141 Venture BlvdSpartanburg, SC 29306

  • Industrial properties
  • 59,300 SF
For Lease
$5.35/SF/YR View listing

Property Details for 141 Venture Blvd

Year built
1989
Lot size
3.02 AC
Property size (Sq ft)
59,300 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
6-2500-17106
APU
6250017106

Description

This ±57,950 square foot industrial warehouse in Spartanburg, South Carolina, presents a unique investment or expansion opportunity. The Class B property, located at 141 Venture Boulevard (APN 6-25-00-171.06), features one building with multiple tenants, offering flexibility for various business needs. The warehouse boasts nine loading docks and one drive-in door, ensuring efficient handling of goods. Its zoning is designated as Industrial, providing ample space for manufacturing, distribution, or warehousing operations. The property's strategic location offers convenient access to major transportation arteries, including proximity to I-26 (approximately 1.9 miles), I-85 (approximately 6.2 miles), and the Inland Port Greer (approximately 20 miles). High ceilings and extensive warehouse space are key features. The property's layout allows for an owner-user to occupy a portion of the space while leasing the remaining area for supplemental income, creating a potentially lucrative investment. This substantial industrial space, in a highly sought-after size range, represents a rare opportunity to acquire a significant asset in the thriving Spartanburg market. The property is zoned for industrial use and offers a compelling combination of size, location, and operational efficiency. This is an exceptional opportunity for businesses seeking to expand their operations or investors looking for a strong addition to their portfolio. The property's multi-tenant configuration provides additional income potential for owner-users.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,108,917
    Hospitality
    $12,007,698
    Educational
    $9,990,264
    Medical
    $10,333,844
    Retail
    $15,540,410
141 Venture Blvd, Spartanburg, South Carolina
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Location Insight

City
Spartanburg
County
Spartanburg
State
South Carolina
Latitude
34.9144
Longitude
-81.9617
CBSA code
43900
CBSA name
SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$58,094
$6,900
$130,614
$137,514
-
$115,000
$2,176,900
$2,291,900

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