125 Payne Rd - Light Manufacturing FOR SALE


Anderson, SC 29624
$750,000 USD
803-873-8153
125 Payne Rd, Anderson, SC for Sale
$750,000 USD
Light Manufacturing - FOR SALE
1/10
null | Request Cap Rate

NEW


125 Payne Rd
Anderson, SC 29624


HIGHLIGHTS

  • Finished live/work-style support space with HVAC, bathroom/shower, kitchenette, office/support area, and loft/storage.
  • Newer Construction - 2023
  • Cleared and graded yard with asphalt millings across the entire lot, ideal for equipment, vehicles, trailers, outdoor storage, or contractor use.
  • 3-phase power already in place, supporting commercial/flex use and potential future expansion.
  • Future expansion potential with county guidance indicating up to approximately 20,000 SF of additional building area may be possible on the open land,
  • ±4,500 SF late-2023 metal flex building with warehouse, finished support space, loft/storage, and large 12' x 14' garage doors.

OVERVIEW

Vacant owner/user opportunity with flexible warehouse, finished live/work-style support space, and usable 3-acre yard / outdoor storage area. Property includes an approximately 4,500 SF building on approximately 3 acres with 3-phase power, septic, finished HVAC office/living-style support area, bathroom/shower, kitchenette, warehouse space, loft/storage, large 12' wide by 14' tall garage doors, and cleared outdoor area for parking, equipment, vehicles, or future use. The land is graded/cleared with asphalt millings in place. Ideal for a contractor, trades business, storage user, service business, light industrial use, or an owner/user or investor looking to lease the property again. Property is currently vacant, so prior rent and NOI are historical only, not current in-place income. Previous tenant paid $8,500/month; buyer should independently verify achievable market rent, operating expenses, zoning/use, live/work suitability, and projected NOI. - Prior rent/revenue: $8,500/month - Annual gross revenue: $102,000/year Expense breakdown: - Property taxes: ~$5,150/year - Property insurance: ~$2,400/year - Total taxes + insurance: ~$7,550/year - Monthly equivalent: ~$629/month NOI math: - $102,000 gross annual revenue - Less $5,150 taxes - Less $2,400 insurance - Estimated NOI: ~$94,450/year At $750,000 price: ~12.6% cap Can also be leased at a minimum of 1 year - Call broker for additional information.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Auto Repair, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Lighting, Water, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3

LAND SF

130,680

ZONING

Industrial / Flex

APN/PARCEL ID

127-00-08-003

ASK ABOUT THIS PROPERTY

Drew ShahoudMysteryBox, LLCMore Info
803-873-8153

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Drew ShahoudMysteryBox, LLCMore Info
803-873-8153

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.