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Property profile & analytics
OFF-MARKET Estimated value $3,265,000
Warehouses

141 Venture Blvd Spartanburg, SC 29306-3805

59,300 SF 3.02 ac lot Built 1989
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-0784596
Property summary
AI-generated overview

This ±57,950 square foot industrial warehouse in Spartanburg, South Carolina, presents a unique investment or expansion opportunity. The Class B property, located at 141 Venture Boulevard (APN 6-25-00-171.06), features one building with multiple tenants, offering flexibility for various business needs. The warehouse boasts nine loading docks and one drive-in door, ensuring efficient handling of goods. Its zoning is designated as Industrial, providing ample space for manufacturing, distribution, or warehousing operations. The property's strategic location offers convenient access to major transportation arteries, including proximity to I-26 (approximately 1.9 miles), I-85 (approximately 6.2 miles), and the Inland Port Greer (approximately 20 miles). High ceilings and extensive warehouse space are key features. The property's layout allows for an owner-user to occupy a portion of the space while leasing the remaining area for supplemental income, creating a potentially lucrative investment. This substantial industrial space, in a highly sought-after size range, represents a rare opportunity to acquire a significant asset in the thriving Spartanburg market. The property is zoned for industrial use and offers a compelling combination of size, location, and operational efficiency. This is an exceptional opportunity for businesses seeking to expand their operations or investors looking for a strong addition to their portfolio. The property's multi-tenant configuration provides additional income potential for owner-users.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1989
Total area 59,300 SF
Lot 3.02 ac (131,377 SF)
APN 6-2500-17106
UPID US77-0784596
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
  • Real Floors General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.99M
Blend (final) Blend
$3.27M
Owner & transaction history
Kendalls Greek Holding LLC · 1 yrs held
Kendalls Greek Holding LLC
since 2025
Last sale
$3.6M
7 recorded transactions
2025
$3.6M
2022
$2.2M
2020
$1.7M
2018
Price N/A
2016
$475,000
2012
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.0M +79.4%
Office building $4.7M +70.4%
Auto repair, garage $4.7M +69.0%
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