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1489 Cedar Lane Rd 18,046 SF Industrial Building Greenville, SC 29617 $1,800,000 ($99.75/SF)
Investment Highlights
- Located in close proximity to major interstates and highways
- 18,046 SF +-
- Monitored burglar system and onsite video surveillance
- High traffic corridor
- Over 1/4 acre paved truck court with ~ 125' apron
Executive Summary
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).
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).
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dover Cylinder Head Service
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dover Cylinder Head Service | Manufacturing | - | - | - |
1 1
Property Taxes
| Parcel Number | B012.00-01-145.00 | Improvements Assessment | $12,730 |
| Land Assessment | $6,530 | Total Assessment | $19,260 |
Property Taxes
Parcel Number
B012.00-01-145.00
Land Assessment
$6,530
Improvements Assessment
$12,730
Total Assessment
$19,260
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1489 Cedar Lane Rd
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