625 Nance St Newberry, SC 29108-4249
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.