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    215 Puckett Ferry Rd Greenwood, SC 29649
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    215 Puckett Ferry Rd, Greenwood, SC 29649

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    • Industrial properties
    • 279,450 SF
    • 21.95 lot acres
    For Lease
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    Industrial Space For Lease For Lease
    Contact for pricing

    Industrial Space For Lease

    Industrial space available for lease in Greenwood, South Carolina.

    215 Puckett Ferry Rd, Greenwood, SC 29649
    View Listing
    Property ID
    US77-1497090
    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
    $63,865,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 215 Puckett Ferry Rd

    Lot size
    21.95 lot acres
    Property type
    Industrial properties
    APN
    6877-855-859
    APU
    6877855859

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 25, 2026 — Phoenix Greenwood Industrial Invest — Deed · related $99M · Acore Capital Mortgage LP A Delaware
    Dec 6, 2022 $65,237,000 Phoenix Greenwood Industrial Invr L Fujifilm Manufactring U S A INC Special Warranty Deed —
    Dec 6, 2022 — Phoenix Greenwood Industrial Invr L Fujifilm Manufacturing USA INC Quit Claim Deed · related —

    Description

    This exceptional industrial property, located at 215 Puckett Ferry Rd in Greenwood, South Carolina, presents a significant opportunity for lease. The warehouse building encompasses a substantial 59,870 square feet of space, currently entirely vacant and ready for immediate occupancy. Situated on a generous 21.95-acre lot, this property offers ample room for expansion, storage, or additional development. Built in 1989, the building features impressive ceiling heights ranging from 24 feet 6 inches to 40 feet, providing significant vertical clearance for various industrial uses. The property boasts a robust power supply of 169 amps, ensuring sufficient electrical capacity for demanding operations. The property's address is 215 Puckett Ferry Rd, Greenwood, SC 29649, and its parcel number is 6877-855-859 within Greenwood County. This single-tenant warehouse is ideal for businesses seeking a large, functional space in a convenient location. The property's size and features make it suitable for a wide range of industrial and warehousing needs. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      Off market

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $47,155,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwood
    County
    Greenwood
    State
    South Carolina
    Longitude
    -82.0638
    Latitude
    34.2436
    CBSA code
    24940
    CBSA name
    GREENWOOD, SC MICROPOLITAN 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
    2023
    $115,173
    $0.00
    $0.00
    $348,000
    -
    $85,000
    $5,715,000
    $5,800,000

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      Industrial Space For Lease

      Industrial space available for lease in Greenwood, South Carolina.
      215 Puckett Ferry Rd, Greenwood, SC 29649
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      Industrial Property for Lease

      Industrial property available for lease in Greenwood, SC.
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      Industrial Space with High Ceilings

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      59,870 SF

      Greenwood Specialty Property for Rent

      59,870 SF specialty property available for rent in Greenwood.
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    Greenwood, SC 29649
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    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
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    215 Puckett Ferry Rd, Greenwood, SC, 29649
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