1203 River Heights CirAnderson, SC 29621

Property Details for 1203 River Heights Cir

Lot size

0.95 AC

Property size (Sq ft)

19,174 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

149-20-02-002

APU

1492002002

Description

This ±19,500 square foot warehouse, located at 1203 River Heights Circle in Anderson, South Carolina, presents a compelling investment opportunity. The property boasts a 10% capitalization rate and a strong net operating income (NOI) of $110,000 annually. Built in 1973, this single-story building features one dock-high door, 18' clear height ceilings, and is fully sprinklered. The property sits on approximately 4.28 acres and includes 3-phase power. Currently leased to Verdantas, the lease is in place until August 31, 2027, providing a stable income stream for the investor. The property is conveniently located in Anderson County, just minutes from Downtown Anderson. The Anderson County location and strong tenant provide a secure investment with significant upside potential. The property's features, combined with its favorable location and financial performance, make it an attractive addition to any investment portfolio. The APN is 1492002002. The asking price is $1,100,000.

Location Insight

City

Anderson

County

Anderson

State

South Carolina

Latitude

34.5007

Longitude

-82.6123

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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