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125 Payne Rd 4,500 SF Flex Building Anderson, SC 29624 $750,000 ($166.67/SF)
Investment Highlights
- Finished live/work-style support space with HVAC, bathroom/shower, kitchenette, office/support area, and loft/storage.
- Cleared and graded yard with asphalt millings across the entire lot, ideal for equipment, vehicles, trailers, outdoor storage, or contractor use.
- Future expansion potential with county guidance indicating up to approximately 20,000 SF of additional building area may be possible on the open land,
- Newer Construction - 2023
- 3-phase power already in place, supporting commercial/flex use and potential future expansion.
- ±4,500 SF late-2023 metal flex building with warehouse, finished support space, loft/storage, and large 12' x 14' garage doors.
Executive Summary
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
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
Property Facts
| Price | $750,000 | Lot Size | 3.00 AC |
| Price Per SF | $166.67 | Rentable Building Area | 4,500 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 2023 |
| Zoning | Industrial / Flex | ||
| Price | $750,000 |
| Price Per SF | $166.67 |
| Sale Type | Owner User |
| Property Type | Flex |
| Lot Size | 3.00 AC |
| Rentable Building Area | 4,500 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | Industrial / Flex |
Utilities
- Lighting
- Water
- Heating
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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MysteryBox, LLC
125 Payne Rd
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