1489 Cedar Lane Rd - Warehouse FOR SALE


Greenville, SC 29617- Berea
$1,800,000 USD
864-569-2786
1489 Cedar Lane Rd, Greenville, SC for Sale
$1,800,000 USD
Warehouse - FOR SALE
1/61
null | Request Cap Rate

1489 Cedar Lane Rd
Greenville, SC 29617
Berea


HIGHLIGHTS

  • Located in close proximity to major interstates and highways
  • High traffic corridor
  • 18,046 SF +-
  • Over 1/4 acre paved truck court with ~ 125' apron
  • Monitored burglar system and onsite video surveillance

OVERVIEW

They don't make them like this anymore! Hard to find 18,000 SF +/- warehouse, a footprint that is not being constructed often any more. Per CoStar, the national average vacancy rate for small warehouses (under 25,000 SF) is 1.3%, well below the 8% average vacancy rate for all industrial. Over the past several years, three-quarters of new construction involved buildings over 200,000 SF, while smaller properties account for just 10% with most of those being greater than 25,000 SF. Nestled in the Greenville-Spartanburg-Anderson market, the area surrounding the property at 1489 Cedar Lane Rd boasts a strategic location for industrial and manufacturing investors. With convenient access to major transportation corridors, including Interstates 85 and 385, and proximity to the Greenville-Spartanburg International Airport, the location offers seamless connectivity for logistical operations. Nearby amenities such as the Inland Port Greer, the South Carolina Ports Inland Port, and a robust network of suppliers and service providers further elevate the appeal of this prime investment location. The area's strong workforce, considerable industrial presence, and a supportive business climate position it as an ideal choice for industrial and manufacturing ventures looking to thrive in the region. The building offers ~ 18,046 square feet of space (per 1994 survey, to be verified by buyer).

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

11 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.24

LAND SF

54,014

ZONING

S-1

APN/PARCEL ID

B012.00-01-145.00

ASK ABOUT THIS PROPERTY

Robert MosseXp CommercialMore Info
864-569-2786

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

Robert MosseXp CommercialMore Info
864-569-2786

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