1201 Woods Chapel RdDuncan, SC 29334

  • Industrial properties
  • 736,169 SF
For Lease

Property Details for 1201 Woods Chapel Rd

Year built
1995
Lot size
24.99 AC
Property size (Sq ft)
736,169 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
5-2400-14501
APU
5240014501

Description

This exceptional industrial property, located at 1201 Woods Chapel Rd, Duncan, SC 29334, offers 192,910 square feet of single-tenant space within the Duncan Distribution Center. The building boasts a total of 350,491 square feet, with Suite B (the available space) featuring a 24'8" ceiling height and 30 dock-high doors. Power is supplied by a robust 1600a 3p system. The property has undergone significant recent upgrades, including fresh paint, updated utilities, enhanced fire protection, new lighting, modernized dock door equipment, refreshed pavement and concrete in parking areas, new detention pond fencing, improved exterior lighting, landscaping enhancements, and a smart meter system for electric, gas, and water services. Further improvements include septic system upgrades by SJWD. This strategic location in the Greer-Duncan submarket of South Carolina's upstate provides unparalleled access to key logistics points, including Interstate 85, the Inland Port in Greer, GSP International Airport, and BMW's Plant Spartanburg. The property's design meets BMW's "just-in-time, just-in-sequence" requirements, making it ideal for automotive suppliers. Situated in a thriving industrial hub, this location offers access to approximately 120 million consumers within a one-day truck drive, showcasing the exceptional supply chain infrastructure of the Greenville-Spartanburg area. Suite A is currently occupied by Magna International.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $162,738,256
    Hospitality
    $149,067,360
    Educational
    $124,022,296
    Medical
    $128,287,616
    Retail
    $192,923,584
1201 Woods Chapel Rd, Duncan, South Carolina

Location Insight

City
Duncan
County
Spartanburg
State
South Carolina
Latitude
34.9108
Longitude
-82.1609
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
$585,275
$71,130
$1,631,238
$1,702,368
-
$1,374,500
$31,521,500
$32,896,000

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