Property profile

14 Commerce Dr Gaffney, SC 29340

OFF-MARKET
Warehouses
Property ID
US77-1870301
100,000 SF 14.39 ac lot
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Property summary

AI-generated overview

This exceptional industrial property, known as Carolina Cotton Works, presents a unique investment opportunity in Gaffney, South Carolina. Located at 14 Commerce Dr, 29340, this single-story, 120,000-square-foot facility sits on a spacious 14.39-acre lot. Built in phases (1995, 2005, and extensively renovated in 2011), the building boasts a Class B rating and features 10 loading docks with 10 dock-high doors, ensuring efficient operations. The high ceilings, measuring 23 feet, provide ample vertical space for various industrial uses. The property is zoned for industrial use and offers a Net NNN lease type. Its strategic location in Cherokee County provides easy access to major highways, benefiting from a skilled local workforce and favorable utility rates. This turnkey facility is ideal for manufacturing, warehousing, or distribution businesses seeking a modern and efficient space. The asking price is $6,200,000. The property is available for sale or lease. This is a rare opportunity to acquire a fully updated, large-scale industrial property in a thriving industrial hub. The APN is 116-00-00-049.001.

Property profile

Verified
Property type Warehouses
Total area 100,000 SF
Lot 14.39 ac (626,828 SF)
UPID US77-1870301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

14 Commerce Dr Gaffney, SC 29340
Gaffney metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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