5895 Reidville RdMoore, SC 29369

Property Details for 5895 Reidville Rd

Year built

2004

Construction

BRICK

Lot size

1.25 AC

Property size (Sq ft)

10,856 SF

Property type

Retail properties

Property subtype

Retail space

APN

5-3205-01500

APU

5320501500

Description

This exceptional Class A retail property, located at 5895 Reidville Rd in Moore, South Carolina, 29369, offers a pre-leasing opportunity for multiple tenants. The single-story, 3,600 square foot building, completed in 2022, is divisible into three suites, each a minimum of 1,280 square feet and a maximum of 3,600 square feet contiguous. All suites will be delivered in warm shell condition. The property boasts over 297 feet of frontage on Highway 290, providing excellent visibility and accessibility. Its prime location offers close proximity to Interstate 85, ensuring high traffic volume. Benefit from the strong surrounding retail environment, adjacent to CVS Pharmacy and other national retailers such as Publix, Advance Auto Parts, and McDonald's. An additional 0.8-acre pad site is available for sale or ground lease, presenting further development potential. The property is expected to be ready for occupancy within six months. This is an unparalleled opportunity to establish a presence in a thriving retail corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $3,082,050

  6.5%

  $2,844,970

  7%

  $2,641,758

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,252,312

  Geo Method

  $2,252,312

• Alternative Use

  Use

  Valuation

  Residential

  $2,399,838

  Hospitality

  $2,198,239

  Educational

  $1,828,909

  Medical

  $1,891,808

  Retail

  $2,844,970

Location Insight

City

Moore

County

Spartanburg

State

South Carolina

Latitude

34.8864

Longitude

-82.0662

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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