2932 Reidville RdSpartanburg, SC 29301
- Retail properties
- 10,452 SF
Property Details for 2932 Reidville Rd
- Year built
- 2007
- Construction
- METAL FRAME
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 10,452 SF
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 6-2400-02000
- APU
- 6240002000
Description
This exceptional 10,452 square foot commercial property located at 2932 Reidville Road in West Spartanburg, South Carolina, presents a prime opportunity for businesses seeking versatile space. Built in 2007, the building features a traditional office layout suitable for a variety of uses, including retail, office, or service-oriented businesses. The property boasts three available suites, each measuring 1,500 square feet, offering ample space for individual tenants or potential consolidation. A total of 4,500 square feet is currently vacant. The building sits on a 1.39-acre lot, providing ample parking for tenants and customers. The property benefits from excellent visibility and accessibility on Reidville Road, a key thoroughfare in the West Spartanburg submarket. Utilities include power. This location offers a chance to establish or expand a business in a thriving area, with the potential for high foot traffic and strong brand visibility. The spacious interior features natural light, creating a welcoming and productive work environment. Modern amenities are included, making this a move-in ready opportunity. The zip code is 29301.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,967,354
- 6.5%
- $2,739,096
- 7%
- $2,543,446
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,168,493
- Geo Method
- $2,168,493
-
Alternative Use
- Use
- Valuation
- Residential
- $2,310,530
- Hospitality
- $2,116,433
- Educational
- $1,760,847
- Medical
- $1,821,405
- Retail
- $2,739,096
Location Insight
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Latitude
- 34.9161
- Longitude
- -82.0076
- CBSA code
- 43900
- CBSA name
- SPARTANBURG, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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