416 Waddell Rd Taylors, SC 29687-2533
- Office buildings
- 0.54 lot acres
Current Use by Public Records
- Office buildings
Property Details for 416 Waddell Rd
- Year built
- 1995
- Lot size
- 0.54 lot acres
- Zone code
- S1
- Property type
- Office buildings
- APN
- P013.00-03-040.00
- APU
- P013000304000
Description
This exceptional commercial property in Taylors, SC, presents a unique investment opportunity. Located at 416 Waddell, the offering encompasses a substantial building situated on a 1-acre lot, plus an adjacent vacant 0.7-acre lot, totaling 1.7 acres. The existing building boasts a spacious layout previously utilized as both office and warehouse space, demonstrating its adaptability to diverse commercial uses. The property's zoning is designated as S1, opening possibilities for a range of businesses, including retail ventures. A significant advantage is the presence of a large, fenced-in parking lot, ensuring ample space for customers and employees. Furthermore, a convenient loading dock is situated at the rear of the building, streamlining logistics and operations. The property's versatility, combined with its generous land area and strategic location in Taylors, makes it an attractive proposition for investors seeking a flexible and well-equipped commercial space. The asking price for this combined property is $675,000. This represents a compelling opportunity to acquire a substantial commercial property with significant potential for growth and return on investment. The inclusion of the adjacent vacant lot provides additional development possibilities, further enhancing the property's overall value and appeal.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $650,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $625,000
- 6.5%
- $700,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $680,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $635,000
- Retail
- $745,000
- Mixed-Use
- $745,000
- Hospitality
- $740,000
- Educational
- $715,000
- Residential Income
- $590,000
- Energy
- $775,000
- Income-Based Land
- $570,000
- Food Service
- $560,000
Location Insight
- Map
- Local Demand
- City
- Taylors
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.3559
- Latitude
- 34.8997
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA