Technical
Financial
Distress signals
Property profile

401 Crowther Dr Anderson, SC 29621

OFF-MARKET
Warehouses
Property ID
US77-1957482
41,170 SF 2.72 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, 40,500-square-foot warehouse located at 401 Crowther Drive in Anderson, South Carolina. Built in 1970, this one-story industrial property boasts a 14-foot clear ceiling height, four dock-high doors, and is fully sprinklered. The property includes approximately 1.5 acres of fenced lay-down yard space, providing ample storage capacity. The building is currently leased to Verdantas under a triple-net (NNN) lease, expiring August 31, 2027, generating an annual net operating income (NOI) of $40,000. The property features 3-phase power and is conveniently located in Anderson County, just minutes from Highway 29. The property's Assessed Parcel Number (APN) is 150-11-03-001-000. This well-maintained warehouse offers a strong return on investment with a long-term tenant in place. The property's strategic location and desirable features make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a stable, income-producing industrial asset in a growing market. The asking price is $700,000.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Total area 41,170 SF
Lot 2.72 ac (118,483 SF)
APN 150-11-03-001
UPID US77-1957482

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

401 Crowther Dr Anderson, SC 29621-6550
Anderson metro Census 12300 GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$565k

Owner & transaction history

since 2021
4 recorded transactions
2025
Price N/A
2021
Price N/A
2021
Price N/A
2016
$320,000

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
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