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Property profile & analytics
OFF-MARKET
Industrial properties

131 Railroad St Roebuck, SC 29376-2942

2,800 SF 0.36 ac lot Built 1930
Trust Owned 5-yr Hold ~ Est. High Equity
Property ID
US77-0704119
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple 66,758 square foot warehouse located at 131 Railroad St, Roebuck, SC 29376. The property sits on a 4.69-acre lot and boasts 36 parking spaces. Built in 2003, this single-tenant warehouse offers a secure, net-lease investment with a strong 7.64% cap rate. The current lease with Griffin Gear has four years remaining, providing immediate cash flow and long-term stability. The NNN lease structure ensures the tenant covers all property expenses, including real estate taxes, building insurance, and maintenance, minimizing owner responsibilities. Griffin Gear, backed by a private equity firm, demonstrates a strong financial foundation. The property's strategic location in Roebuck, South Carolina, provides easy access to Interstates 26 and 85, benefiting from the area's business-friendly environment and excellent accessibility. The property's APN is 6-29-14-016.09

Property profile
Verified
Property type Industrial properties
Use group CONSTRUCTION/CONTRACTING SERVICES
Year built 1930
Construction METAL FRAME
Total area 2,800 SF
Lot 0.36 ac (15,769 SF)
APN 6-2914-01608
UPID US77-0704119
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Griffin Gear Inc Industrial Manufacturer Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Griffin,joel C Trust · 5 yrs held
Griffin,joel C Trust
since 2020
5 recorded transactions
2021
Price N/A
2020
Price N/A
2018
Price N/A
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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