244 Shelby Hwy Gaffney, SC 29340
- Commercial real estate
- 19,208 SF
- 20.12 lot acres
Current Use by Public Records
- Randolph Industrial Supplies / Department Store
Property Details for 244 Shelby Hwy
- Year built
- 1920
- Lot size
- 20.12 lot acres
- Property size
- 19,208 SF
- Property type
- Commercial real estate
- APN
- 116-00-00-042.001
- APU
- 1160000042001
Description
This exceptional 20,000-square-foot industrial flex building in Gaffney, South Carolina, presents a compelling investment opportunity. Situated on a generous 22.71-acre lot, the property boasts prime visibility from I-85, benefiting from high traffic counts of 61,300 vehicles. The building features a 14-foot ceiling height at the eaves (18 feet at the ridge), one 12-foot dock high door, and one 10-foot drive-in door. Inside, you'll find approximately 1,200 square feet of office space and three bathrooms. The building is constructed with a sturdy 6-inch slab. Utilities include water and septic, with sewer access available. The property's flexible zoning allows for diverse uses, and the seller will consider a short-term sale-leaseback option, providing added flexibility for potential buyers. This location offers excellent access to major transportation routes, making it ideal for distribution, warehousing, or light manufacturing. The asking price is $2,200,000, translating to $110 per square foot. This represents a rare opportunity to acquire a well-located, versatile industrial property with significant development potential.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $521,000
- AI Estimate
- $561,000
Market price range: $522k - $1.35MMarket price range: $561k - $1.71M
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Location Insight
- Map
- Local Demand
- City
- Gaffney
- County
- Cherokee
- State
- South Carolina
- Longitude
- -81.6135
- Latitude
- 35.1044
- CBSA code
- 23500
- CBSA name
- GAFFNEY, SC MICROPOLITAN STATISTICAL AREA
