129 Monarch HwyUnion, SC 29379

Property Details for 129 Monarch Hwy

Lot size

17.00 AC

Property type

Commercial real estate

APN

074-11-14-018 000

APU

741114018000

Description

This Union County, South Carolina industrial property offers 700,000 square feet of versatile space ideal for manufacturing, warehousing, distribution, or flex uses. The property comprises three buildings, each three stories high, with a substantial 32-foot ceiling clearance. Twelve loading docks and twelve dock-high doors ensure efficient operations. Individual spaces are available, with a minimum divisible size of 24,200 square feet. The property sits on 17 acres of land and boasts excellent frontage on Monarch Highway. Its strategic location between Charlotte, Greenville, and Greenwood provides exceptional logistics advantages. The property is zoned commercial and features a Class C building classification. The APN is 074-11-14-018-000. This is a multi-tenant property offering significant opportunities for businesses seeking ample space and convenient access to major transportation routes. The property is located in the Greenville - Spartanburg - Anderson submarket cluster, within Union County, SC, zip code 29379.

• CAP approach

  CAP return

  Valuation

  6%

  $162,087,000

  6.5%

  $149,618,000

  7%

  $138,931,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $60,967,000

  Geo Method

  $60,967,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $301,452,000

  Retail / Commercial

  $153,235,000

  Mixed-Use / Specialty

  $151,626,000

  Hospitality / Lodging

  $109,860,000

  Office

  $149,618,000

  Institutional / Educational

  $157,250,000

  Residential Income

  $183,983,000

  Multifamily

  $226,550,000

  Automotive / Energy

  $134,786,000

  Parking / Income-Based Land

  $47,562,800

  Restaurant / Food Service

  $76,594,000

  Healthcare / Senior Housing

  $156,579,000

Location Insight

City

Union

County

Union

State

South Carolina

Latitude

34.7174

Longitude

-81.5943

CBSA code

46420

CBSA name

UNION, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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