310 Inglesby PkwyDuncan, SC 29334

  • Office buildings
  • 44,924 SF
For Sale
$2,750,000 View listing

Property Details for 310 Inglesby Pkwy

Year built
2000
Lot size
23.09 AC
Property size (Sq ft)
44,924 SF
Property type
Office buildings
APN
5-2500-12108
APU
5250012108

Description

This exceptional Duncan, South Carolina office building presents ±22,000 square feet of immediately available space within a larger 44,000 square foot building, offering significant expansion potential. Situated on 23 acres at 310 Inglesby Pkwy, 29334, this single-story building boasts an impressive 18-foot ceiling height. The property is conveniently located off I-85, providing easy access for employees and clients. Ample parking is available with 102 spaces, including dedicated executive parking. The building features a welcoming professional lobby and reception area, a large conference room, and several smaller huddle rooms perfect for collaborative work. Numerous executive offices are complemented by ample space for cubicles, creating a flexible and efficient workspace. Employee amenities include a canteen and an outdoor patio with seating. There are no zoning restrictions. This property is zoned for traditional office use and is part of the Greenville-Spartanburg submarket cluster in the Spartanburg submarket. This is a rare opportunity to acquire a well-appointed office space with significant growth potential in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,676,228
    6.5%
    $8,008,826
    7%
    $7,436,767
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,698,593
    Geo Method
    $3,698,593
  • Alternative Use

    Use
    Valuation
    Residential
    $9,930,944
    Hospitality
    $9,096,692
    Educational
    $7,568,340
    Medical
    $7,828,628
    Retail
    $11,772,974

Location Insight

City
Duncan
County
Spartanburg
State
South Carolina
Latitude
34.9119
Longitude
-82.1161
CBSA code
43900
CBSA name
SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$98,645
$116,346
$160,128
$276,474
-
$1,939,100
$2,668,800
$4,607,900

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