1203 Riv Hts Cir Anderson, SC 29621-6647
- Warehouses
- 19,174 SF
- 0.95 lot acres
Current Use by Public Records
- Clemson Engineering Hydraulics / Hydraulic Engineer / Engineer
Property Details for 1203 Riv Hts Cir
- Lot size
- 0.95 lot acres
- Property size
- 19,174 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 149-20-02-002
- APU
- 1492002002
Description
This ±19,500 square foot warehouse, located at 1203 River Heights Circle in Anderson, South Carolina, presents a compelling investment opportunity. The property boasts a 10% capitalization rate and a strong net operating income (NOI) of $110,000 annually. Built in 1973, this single-story building features one dock-high door, 18' clear height ceilings, and is fully sprinklered. The property sits on approximately 4.28 acres and includes 3-phase power. Currently leased to Verdantas, the lease is in place until August 31, 2027, providing a stable income stream for the investor. The property is conveniently located in Anderson County, just minutes from Downtown Anderson. The Anderson County location and strong tenant provide a secure investment with significant upside potential. The property's features, combined with its favorable location and financial performance, make it an attractive addition to any investment portfolio. The APN is 1492002002. The asking price is $1,100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.6123
- Latitude
- 34.5007
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
