Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1101 Syphrit Rd Wellford, SC 29385

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1101 Syphrit Rd Wellford, SC 29385

    View on Map
    • Warehouses
    • 1,964,569 SF
    • 46.64 lot acres
    For Lease
    $3 SF/Yr
    View Listing →
    Office Space Near I-85 For Lease
    $3 SF/Yr
    4,800 SF

    Office Space Near I-85

    Flexible office space near I-85 and major transportation hubs.

    1101 Syphrit Rd, Wellford, SC
    View Listing
    Property ID
    US77-0836654
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $34,520,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tidal Vision / Industrial Manufacturer / Production Facility
    • Pro-Flo plumbing / Plumbing Service / General Contractor
    • Leigh Fibers Inc / Professional Services

    Property Details for 1101 Syphrit Rd

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    46.64 lot acres
    Property size
    1,964,569 SF
    Property type
    Warehouses
    APN
    5-1600-06600
    APU
    5160006600

    Description

    Syphrit Industrial Park, located at 1101 Syphrit Rd, Wellford, SC 29385, offers a prime opportunity for businesses seeking flexible industrial space. This multi-tenant facility, situated on the I-85 corridor near Exit 66, provides convenient access to major transportation routes and is only a 10-minute drive from the Greenville-Spartanburg industrial hub, including the Inland Port in Greer, GSP International Airport, and BMW headquarters. The park comprises two Class B buildings totaling 100,000 square feet, offering units ranging from 10,000 to 100,000 contiguous square feet. Seven suites are available across the two buildings, each featuring 20-foot ceilings and a minimum of one dock-high door for efficient loading and unloading. The property boasts 24 dock-high doors in total and ample parking with 250 spaces. Heavy power is available to support various industrial operations. Potential tenants can benefit from the availability of office space and additional outdoor storage areas for shipping, receiving, trailer parking, or general use. This strategic location provides seamless access to consumers throughout the Southeast. The property is ideal for manufacturing and distribution businesses seeking flexible and well-equipped space in a highly accessible location. Rail spur access is potentially available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $23,325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $29,488,000
      Market price range: $29.5M - $107M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wellford
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0755
    Latitude
    34.9441
    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
    $559,070
    $127,920
    $1,438,980
    $1,566,900
    -
    $2,132,000
    $23,983,000
    $26,115,000

    Comparable in this City

    • Value Estimation by Request
      2,500 SF

      290 Hl St

      MINI-WAREHOUSE, STORAGE • 2,500 SF
      290 Hl St, Wellford, SC 29385
      View Details
    • Value Estimation
      $1,065,000
      41,497 SF

      245 Tucapau Rd

      MINI-WAREHOUSE, STORAGE • 41,497 SF
      245 Tucapau Rd, Wellford, SC 29385-9487
      View Details
    • Value Estimation by Request
      8,802 SF

      10776 Greenville Hwy

      WAREHOUSE, STORAGE • 8,802 SF
      10776 Greenville Hwy, Wellford, SC 29385-9588
      View Details
    • Value Estimation by Request
      7,056 SF

      38 Carver St

      MINI-WAREHOUSE, STORAGE • 7,056 SF
      38 Carver St, Wellford, SC 29385
      View Details
    • Value Estimation
      $1,350,000
      57,028 SF

      10351 Greenville Hwy

      WAREHOUSE, STORAGE • 57,028 SF
      10351 Greenville Hwy, Wellford, SC 29385-9539
      View Details
    • Value Estimation
      $11,860,000
      242,400 SF

      2800 Nazareth Rd

      MINI-WAREHOUSE, STORAGE • 242,400 SF
      2800 Nazareth Rd, Wellford, SC 29385-9430
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      310,960 SF

      Proposed Industrial Buildings Near I-26

      Proposed industrial buildings with convenient interstate and rail access.
      267 New Hope Dr, Wellford, SC 29385
      View Details
    • Contact for pricing

      Land on Greenville Highway

      Strategically located land suitable for development or office space.
      10422 E Greenville Hwy, Wellford, SC 29385
      View Details
    • Contact for pricing

      5.65 Acres of Land

      5.65 acres of land available for sale.
      10418 E Greenville Hwy, Wellford, SC 29385
      View Details
    • Contact for pricing

      Available Land Near I-85

      Land parcels available near I-85, Inland Port, and Airport.
      1 Fort Prince Blvd, Wellford, SC 29385
      View Details
    • Contact for pricing

      Highway 129 Visible Land

      Land with utilities, close to I-85, I-26, Inland Port.
      514 Dewayne Dr, Wellford, SC 29385
      View Details
    • $39,500
      0.76 Acres

      Wellford Acreage with Owner Financing

      0.76 acre lot in Wellford, SC with owner financing.
      00 Porter St, Wellford, SC 29385
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      166,000 SF

      Wellford Warehouse with Office Space

      166,000 SF warehouse with office space for lease.
      343 Old Spartanburg Hwy, Wellford, SC 29385
      View Details
    • $6,500 /Mo

      Industrial Land with Warehouse

      Industrial land available for lease with flexible storage options.
      10255 E Greenville Hwy, Wellford, SC 29385
      View Details
    • Contact for pricing
      439,360 SF

      Industrial Property with I-85 Frontage

      Industrial property with strategic location and significant consumer reach.
      200 Fort Prince Rd, Wellford, SC 29385
      View Details
    • Contact for pricing
      249,600 SF

      Industrial Property Near I-26

      Proposed industrial buildings with convenient access to major transportation routes.
      236 New Hope Dr, Wellford, SC 29385
      View Details
    • Contact for pricing

      Wellford Distribution Warehouse Available

      Distribution warehouse available for rent in Wellford, South Carolina.
      720 Distribution Way, Wellford, SC 29385
      View Details
    • Contact for pricing
      476,280 SF

      Wellford Warehouse Space Available

      476,280 square foot warehouse/industrial space for lease in Wellford.
      1090 Fort Prince Blvd, Wellford, SC 29385
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1101 Syphrit Rd
    Wellford, SC 29385
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!