707 Bypass 25 NE 1 Greenwood, SC 29646
For Sale
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This exceptional investment opportunity encompasses a 30,890 square foot flex space property situated on a 6.92-acre lot in Greenwood, South Carolina. The property consists of four buildings with diverse uses, offering a compelling blend of retail and industrial space. Building 1, a ±12,478 square foot retail space with a drive-thru, is currently occupied by a local tenant. Building 2, a vacant ±18,974 square foot former retail space previously occupied by a regional tenant, is actively being marketed for lease at $5 per square foot, triple net (NNN). Building 3 is a ±7,028 square foot flex building leased to a local tenant. Finally, Building 4 is a ±12,500 square foot warehouse currently occupied by a regional tenant. The property boasts a current Net Operating Income (NOI) of $81,000 and is currently 65% occupied. The property is zoned I-1 and features multiple APNs: 6856-655-414, 6856-670-398, 6856-617-394, and 6856-611-415. Located at 707 Bypass 25 NE, Greenwood, SC 29646, this property presents a strong investment opportunity in a thriving South Carolina community. The Greenwood area is home to numerous global companies and boasts a lower-than-average cost of living, a strong workforce, and access to higher education institutions. This diverse property portfolio offers significant potential for future income growth and value appreciation.
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.