For Sale
$64,403,460

101 Michelin DrLaurens, SC 29360

Massive warehouse, rail-served, Upstate SC.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional industrial property, located at 101 Michelin Dr, Laurens, SC 29360, presents a significant investment opportunity. Boasting 1,170,972 square feet on approximately 118.14 acres, this warehouse and manufacturing facility is ideally situated adjacent to I-385, offering convenient access to major transportation routes. Constructed in 1991 and 1993, with Section 6 renovated in 2005, the property features a range of ceiling heights, from 24'2" to 32'3" center, and column spacing varying from approximately 44' x 72' to 62' x 72'. The facility includes 118 dock-high doors (9' x 10'), two drive-in doors (14' x 16'), and ample parking for approximately 150 vehicles, with 33 spaces near the main office and 183 in a remote employee lot. Additional trailer parking accommodates approximately 180 paved and over 300 unpaved spaces. The property benefits from a robust infrastructure, including a CSX rail spur for boxcar loading, a comprehensive sprinkler system (wet system in sections 1-5, ESFR in section 6), two 500,000-gallon water storage tanks, and three 2,500-gallon-per-minute diesel-powered fire pumps. Utilities are provided by Laurens County Water & Sewer Commission, Clinton-Newberry Natural Gas Authority, and Duke Energy. The building also offers 5,760 square feet of office space, with smaller warehouse offices located throughout. The asking price is $64,403,460, representing a price per square foot of $55. The property is zoned in an area of Laurens County without zoning restrictions. The roof over sections 1-5 is insulated standing seam metal, while section 6 features a new 60MIL TPO roof installed in Q4 2023. The building's construction includes a 7" reinforced concrete monolithic foundation/floor slab system, insulated metal walls with 7' interior liner panels and some precast concrete, and steel H-beam columns. HVAC systems include gas-fired furnaces and package air conditioning units for offices, suspended gas-fired strip heaters and furnaces for the warehouse, and roof-mounted fans and wall louvers for ventilation. The lighting is primarily six-tube T-8 fixtures with motion sensors and some circular LED fixtures.

Highlights

  • Building Size: 1,170,972 square feet.
  • Lot Size: Approximately 118.14 acres.
  • Construction Dates: 1991, 1993 (Section 6 renovated 2005).
  • Ceiling Heights: 24'2" to 32'3" center (Sections 1-4); 26'7" clear to 31'7" clear (Section 5); 28'4" clear to 30'5" clear center (Section 6).
  • Column Spacing: Approximately 44' x 72' to 62' x 72'.
  • Lighting: Primarily six-tube T-8 fixtures with motion sensors; some circular LED fixtures.

Property Details for 101 Michelin Dr

Property type
Warehouses, Industrial properties
Square Feet
1,170,972 SF
Year Built/Renovated
1991/2005
Lot Size (sq. ft)
5,146,178 SF

Location Insight

City
Laurens
County
Laurens
State
South Carolina
Latitude
34.4940877
Longitude
-82.0625052
101 Michelin Dr, Laurens, South Carolina

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101 Michelin Dr
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