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Property profile & analytics
OFF-MARKET
Warehouses

625 Nance St Newberry, SC 29108-4249

4,200 SF 1.36 ac lot
Individually Owned 21-yr Hold Free & Clear
Property ID
US77-1115419
Property summary
AI-generated overview

This exceptional 3.49-acre commercial property at 625 Nance Street in Newberry, South Carolina, presents a unique investment opportunity. The property boasts a substantial 4,000 square feet of air-conditioned warehouse space, complete with HVAC, constructed in 1992. In addition to this modern space, there's an impressive 8,000 square feet of warehouse area built in 1978, offering ample storage or production capabilities. A portion of the existing structures date back to around 1900, adding historical character and potential for adaptive reuse. The property's previous use as a thriving agricultural business speaks to its inherent productivity and suitability for a variety of commercial ventures. Located less than a mile from the historic Newberry Opera House and the vibrant downtown area, this property benefits from high visibility and convenient access to local amenities and services. The 4,000 square feet of climate-controlled space provides a comfortable and efficient work environment. The property is being sold "as is," offering flexibility for buyers to customize and develop the space to meet their specific needs. This is a rare opportunity to acquire a significant commercial property in a desirable location with substantial existing infrastructure. The expansive acreage provides ample room for expansion or outdoor operations.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 4,200 SF
Lot 1.36 ac (59,242 SF)
APN 343-6-7-19
UPID US77-1115419
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Warren R Cousins · 21 yrs held
Warren R Cousins
since 2005
1 recorded transaction
2005
$5,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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