Property profile

431 Buncombe Rd Greer, SC 29650

OFF-MARKET
Flex space
Property ID
US77-0853122
5.53 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Lot 5.53 ac (240,887 SF)
Zoning code I-1
APN G006.00-01-004.01
UPID US77-0853122

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

431 Buncombe Rd Greer, SC 29650-1211
Greer metro Census 2503 GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.19M

Owner & transaction history

since 2024
Last sale
$1.5M
5 recorded transactions
2024
$1.5M
2024
Price N/A
2022
$1.3M
2005
$200,000
1969
Price N/A

Zoning & alternative use

I-1 · Greer, SC

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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