1309 Cedar Lane RdGreenville, SC 29617

Property Details for 1309 Cedar Lane Rd

Lot size

0.11 AC

Zone code

S-1

Property type

Retail properties

Property subtype

Retail space

APN

B012.00-01-001.17

APU

B012000100117

Description

This exceptional 4,950 square foot industrial space, located in the desirable Cedar Point Business Park in Greenville County, South Carolina, presents a unique opportunity for businesses seeking a strategic location and versatile functionality. The property is zoned S-1 and features a single-tenant occupancy, ideal for a company looking for dedicated space. The building boasts two 10x10 grade-level drive-in doors, providing convenient access for loading and unloading, and a sizable 450 square foot office area for administrative needs. With an 11'6" ceiling height, the warehouse space offers ample room for storage and operations. Its prime location offers easy access to downtown Greenville, less than three miles away, and is conveniently situated north of I-85, ensuring excellent connectivity to major transportation routes. The property also presents a valuable signage opportunity, enhancing visibility and brand recognition. This flex-industrial space is highly sought after in the Upstate region, with limited supply, making this a rare opportunity to secure a centrally located and functional industrial property. The combination of convenient access, ample space, and a desirable location makes this property an ideal choice for businesses seeking to establish or expand their operations in the thriving Greenville market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,883,755

  6.5%

  $1,738,851

  7%

  $1,614,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,039,225

  Geo Method

  $1,039,225

• Alternative Use

  Use

  Valuation

  Residential

  $1,466,786

  Hospitality

  $1,343,568

  Educational

  $1,117,833

  Medical

  $1,156,277

  Retail

  $1,738,851

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8746

Longitude

-82.4428

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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