Technical
Financial
Distress signals
Property profile

198 Industrial Park Rd Greer, SC 29651

OFF-MARKET
Warehouses
Property ID
US77-0137838
4,464 SF 1.9 ac lot Built 1972
Individually Owned 14-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,800-square-foot flex space property is ideally situated at 198 Industrial Park Road in Greer, South Carolina, within Spartanburg County. The single-tenant building offers a versatile blend of office and warehouse space, perfectly suited for a variety of businesses. Its prime location provides convenient access to Interstate 85, ensuring seamless transportation and logistics. The property boasts ample on-site parking, a significant advantage for employees and clients. Warehouse access is facilitated by two drive-in doors, streamlining loading and unloading operations. The office area is well-appointed, featuring multiple private offices to accommodate diverse work styles, along with a dedicated showroom space, ideal for product displays or client presentations. The property's address is 198 Industrial Park Rd, Greer, SC 29651. This location offers proximity to the Greenville-Spartanburg Airport, further enhancing its appeal for businesses requiring convenient air travel access. The property type is classified as Industrial, with a Flex subtype, making it a highly adaptable space for various operational needs. This single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and efficient workspace.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1972
Construction BRICK
Total area 4,464 SF
Lot 1.9 ac (82,764 SF)
APN 9-0600-00202
UPID US77-0137838

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
  • Department Store
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

198 Industrial Park Rd Greer, SC 29651-6628
Greer metro Census 23202 SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$520k

Owner & transaction history

since 2012
1 recorded transaction
2012
$500,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 198 Industrial Park Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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