170 Tucapau RdDuncan, SC 29334

  • Office buildings
  • 15,395 SF
For Sale
$6,950,000 View listing

Property Details for 170 Tucapau Rd

Year built
1996
Construction
CONCRETE BLOCKS
Lot size
11.32 AC
Property size (Sq ft)
15,395 SF
Property type
Office buildings
APN
5-2600-00307
APU
5260000307

Description

This exceptional industrial property, located at 170 Tucapau Rd in Duncan, South Carolina, offers a substantial 67,272 square feet of versatile flex and warehouse space. Situated on a generous 11.32 acres in Spartanburg County, this single-tenant property boasts four buildings constructed in 1996 and extensively renovated in 2014. The property features convenient access with 2 dock-high doors and 5 drive-in doors, ensuring efficient loading and unloading operations. Ample parking is provided with 70 spaces available for employees and visitors. The property's location in Duncan, SC, zip code 29334, offers excellent access to major transportation routes, making it an ideal location for businesses requiring easy access to distribution networks. The property's combination of warehouse and flex space allows for a variety of uses, catering to businesses needing both storage and office space. This well-maintained property presents a significant opportunity for businesses seeking a substantial and functional industrial space in a prime location. The property's size, features, and location make it a highly desirable asset for a variety of industrial and logistics operations. The 2014 renovation ensures modern amenities and functionality. This is a rare opportunity to acquire a substantial, well-located industrial property in a thriving South Carolina market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,973,256
    6.5%
    $2,744,544
    7%
    $2,548,505
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,267,470
    Geo Method
    $1,267,470
  • Alternative Use

    Use
    Valuation
    Residential
    $3,403,234
    Hospitality
    $3,117,344
    Educational
    $2,593,594
    Medical
    $2,682,792
    Retail
    $4,034,479

Location Insight

City
Duncan
County
Spartanburg
State
South Carolina
Latitude
34.9023
Longitude
-82.0995
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
$64,977
$30,570
$159,204
$189,774
-
$509,500
$2,653,400
$3,162,900

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