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Property profile

2075 Chesnee Hwy Spartanburg, SC 29303

Warehouses
Property ID
US77-0622571
View Sample
21,000 SF Built 1988
Entity Owned 2-yr Hold

Property summary

AI-generated overview

This single-tenant industrial property, located at 2075 Chesnee Highway in Spartanburg, South Carolina, offers 21,000 square feet of warehouse and manufacturing space. Built in 1988, the one-story building features a 17-foot ceiling height, providing ample vertical space for storage or operations. The property boasts three dock-high doors and one drive-in door, ensuring efficient loading and unloading of goods. The property is zoned "None" and sits on a parcel identified by APN numbers 7-04-00-072.00 & 7-04-00-073.00 in Spartanburg County. Its convenient location offers easy access to major transportation routes, being approximately 1.7 miles from Interstate 85, requiring only one turn to reach the highway. This makes it an ideal location for businesses needing efficient distribution and logistics. The property is suitable for a variety of industrial uses, given its size and features. Serious inquiries are encouraged to explore this exceptional opportunity.

Property profile

Verified
Property type Warehouses
Year built 1988
Total area 21,000 SF
UPID US77-0622571

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
  • (Bike/Boat/Book/etc) Store

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

since 2024
2 recorded transactions
2024
$1.8M
2022
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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