431 Buncombe Rd Greer, SC 29650-1211
- Flex space
- 5.53 lot acres
Current Use by Public Records
- Southeast Broach Company / Manufacturer
Property Details for 431 Buncombe Rd
- Lot size
- 5.53 lot acres
- Zone code
- I-1
- Property type
- Flex space
- APN
- G006.00-01-004.01
- APU
- G006000100401
Description
This exceptional investment opportunity presents a 30,000-square-foot warehouse situated on a 2.75-acre lot at 431 S Buncombe Rd, Greer, SC, 29650. The property boasts a single-story building with 12-foot ceilings and three dock-high doors, currently 100% leased to Southeast Broach Company. The I-1 zoning allows for a variety of industrial uses. Significant infrastructure advantages include high-power capacity and an impressive 380 feet of road frontage, providing excellent access and visibility. The property's location offers convenient access to Highway 29, approximately 2.8 miles away. The asking price is $1,500,000, translating to $50 per square foot. This represents a compelling opportunity for investors seeking a stable, income-producing asset with significant development potential given the ample land and prime location in Greenville County. The APN is G006000100401.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,155,000
- 6.5%
- $1,305,000
- 7%
- $1,315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,395,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,360,000
- Retail
- $1,340,000
- Mixed-Use
- $1,155,000
- Hospitality
- $1,395,000
- Educational
- $1,350,000
- Residential Income
- $1,215,000
- Energy
- $1,120,000
- Income-Based Land
- $1,080,000
- Food Service
- $1,155,000
Location Insight
- Map
- Local Demand
- City
- Greer
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.2501
- Latitude
- 34.9331
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
