Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    200 Fort Prince Rd Wellford, SC 29303
    Property profile & analytics

    200 Fort Prince Rd, Wellford, SC 29303

    View on Map
    • Industrial properties
    • 1,092 SF
    • 67.55 lot acres
    For Lease
    $4 SF/Yr
    View Listing →
    Industrial Property with I-85 Frontage For Lease
    $4 SF/Yr
    439,360 SF

    Industrial Property with I-85 Frontage

    Industrial property with strategic location and significant consumer reach.

    200 Fort Prince Rd, Wellford, SC
    View Listing
    Property ID
    US77-0084314
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HOMELITE CONSUMER PRODUC / Law Firm / Publishing House
    • Adidas DC3 / Warehouse & Storage
    • Ft. Prince Commerce Center / Corporate Office

    Property Details for 200 Fort Prince Rd

    Year built
    1930
    Lot size
    67.55 lot acres
    Property type
    Industrial properties
    APN
    6-1100-14200
    APU
    6110014200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 9, 2023 — Pacolet Ft Prince LLC — Deed · related —
    Feb 22, 2022 $1,107,750 Bird Dog Development Casual Drive L Ft Prince Industial Ch LLC Limited Warranty Deed —
    Dec 17, 2020 $26,661,425 Pacolet Ft Prince LLC Ft Prince Industrial Ch LLC Grant Deed —
    Oct 5, 2018 — Ft Prince Industrial Ch LLC — Grant Deed · related $38.3M · Ch Sdf Lender LLC
    Sep 19, 2018 — Ft Prince Industrial Ch LLC Ft Prince Industrial LLC Quit Claim Deed —
    Aug 22, 2018 $2,500,000 Ft Prince Industrial LLC Fort Prince Investments LLC Warranty Deed —
    Dec 7, 2006 — Fort Prince Investments LLC — Trustees Deed · related $7.7M · Bankmeridian NA
    Apr 19, 2004 $5,700,000 Fort Prince Investments LLC Beeson,john W Grant Deed · related —
    — — Fort Prince Investments LLC — Deed Of Trust · related $1.6M · South Carolina Bank &trust NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wellford
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0474
    Latitude
    34.9659
    CBSA code
    43900
    CBSA name
    SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      2497 Nazareth Rd

      Flex space
      2497 Nazareth Rd, Wellford, SC 29385
      View Details
    • Value Estimation
      $670,000
      18,600 SF

      1925 Ft Prince Blvd

      HEAVY INDUSTRIAL
      1925 Ft Prince Blvd, Wellford, SC 29385-9750
      View Details
    • Value Estimation by Request
      7,000 SF

      140 Craft St

      INDUSTRIAL (GENERAL)
      140 Craft St, Wellford, SC 29385
      View Details
    • Value Estimation by Request
      5,000 SF

      Hampton Rd

      CONSTRUCTION/CONTRACTING SERVICES
      Hampton Rd, Wellford, SC 29385
      View Details
    • Value Estimation by Request
      320 SF

      320 Innovation Way

      INDUSTRIAL (GENERAL)
      320 Innovation Way, Wellford, SC 29385-8900
      View Details
    • Value Estimation by Request
      12,240 SF

      525 Neighborhood Rd

      CONSTRUCTION/CONTRACTING SERVICES
      525 Neighborhood Rd, Wellford, SC 29385-9205
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      310,960 SF

      Proposed Industrial Buildings Near I-26

      Proposed industrial buildings with convenient interstate and rail access.
      267 New Hope Dr, Wellford, SC 29385
      View Details
    • Contact for pricing

      Available Land Near I-85

      Land parcels available near I-85, Inland Port, and Airport.
      1 Fort Prince Blvd, Wellford, SC 29385
      View Details
    • Contact for pricing

      Highway 129 Visible Land

      Land with utilities, close to I-85, I-26, Inland Port.
      514 Dewayne Dr, Wellford, SC 29385
      View Details
    • Contact for pricing

      Land on Greenville Highway

      Strategically located land suitable for development or office space.
      10422 E Greenville Hwy, Wellford, SC 29385
      View Details
    • $69,900
      0.52 Acres

      Residential Lot Near Lake Cooley

      0.52 acre residential lot near Lake Cooley.
      104 Rocky Water Pt, Wellford, SC 29385
      View Details
    • Contact for pricing
      4,816 SF

      Wellford Car Wash For Sale

      Car wash with a new 15-year NNN lease.
      172 Tucapau Rd, Wellford, SC 29385
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land with Warehouse

      Industrial land available for lease with flexible storage options.
      10255 E Greenville Hwy, Wellford, SC 29385
      View Details
    • Contact for pricing
      345,600 SF

      Wellford Warehouse Space Available

      345,600 SF warehouse space for lease in Wellford.
      720 Distribution Way, Wellford, SC 29385
      View Details
    • Contact for pricing
      166,000 SF

      Wellford Warehouse with Office Space

      166,000 SF warehouse with office space for lease.
      343 Old Spartanburg Hwy, Wellford, SC 29385
      View Details
    • Contact for pricing
      500,400 SF

      Wellford Warehouse Space Available

      500,400 SF warehouse space for lease in Wellford.
      741 Distribution Way, Wellford, SC 29385
      View Details
    • Contact for pricing

      Wellford Distribution Warehouse Available

      Distribution warehouse available for rent in Wellford, South Carolina.
      720 Distribution Way, Wellford, SC 29385
      View Details
    • Contact for pricing
      249,600 SF

      Industrial Property Near I-26

      Proposed industrial buildings with convenient access to major transportation routes.
      236 New Hope Dr, Wellford, SC 29385
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Fort Prince Rd
    Wellford, SC 29303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    200 Fort Prince Rd, Wellford, SC, 29303
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!