222 Kerns AveGreenville, SC 29609

Property Details for 222 Kerns Ave

Lot size

2.33 AC

Zone code

S-1

Property type

Warehouses

APN

0152.00-01-001.01

APU

152000100101

Description

This exceptional 25,200-square-foot warehouse, located at 222 Kerns Ave in Greenville, South Carolina, presents a significant opportunity for businesses seeking a single-tenant industrial space. Situated on a 2.33-acre lot, this property boasts a spacious layout perfectly suited for distribution or warehousing operations. The warehouse features a generous ceiling height of 15 feet 6 inches, providing ample vertical storage capacity. Four loading docks ensure efficient and streamlined loading and unloading processes. The property is zoned S1 and is located in Greenville County, SC, zip code 29609. The entire 25,200 square feet is currently vacant, offering immediate occupancy for a new tenant. This property represents a rare opportunity to secure a substantial, well-located industrial space in a thriving market. The convenient location within Greenville County offers easy access to major transportation routes, enhancing logistical efficiency. This is an excellent opportunity for a business seeking to establish or expand its operations in a strategic location. The property's size, features, and location make it an attractive option for a variety of industrial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $49,545,300

  6.5%

  $45,734,200

  7%

  $42,467,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,369,700

  Geo Method

  $13,369,700

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $22,816,400

  Mixed-Use / Specialty

  $22,234,000

  Hospitality / Lodging

  $15,660,000

  Office

  $21,580,000

  Institutional / Educational

  $22,935,300

  Residential Income

  $26,834,300

  Multifamily

  $34,961,400

  Automotive / Energy

  $19,658,800

  Parking / Income-Based Land

  $7,279,070

  Restaurant / Food Service

  $10,494,700

  Healthcare / Senior Housing

  $23,314,400

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8785

Longitude

-82.4063

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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