25 Concourse WayGreer, SC 29650

  • Office properties
  • 0.70 AC
For Lease
$12/SF/YR View listing

Property Details for 25 Concourse Way

Year built
1998
Lot size
0.70 AC
Zone code
S-1
Property type
Office properties
Property subtype
Office buildings
APN
0529.03-01-016.12
APU
529030101612

Description

This exceptional executive office space, located at 25 Concourse Way in Greer, South Carolina, offers a prime opportunity for businesses seeking flexible and modern accommodations. The property, a single two-story building totaling 8,032 square feet, was constructed in 1996 and is situated in Greenville County's S-1 Services District. Currently, there are 4,404 square feet of vacant space available, divisible into units ranging from a minimum of 527 square feet to a maximum contiguous space of 3,877 square feet. This allows for significant adaptability to suit various business needs and sizes. The building's convenient location offers easy access to Highway 14 and is less than one mile from Interstate 85, ensuring excellent connectivity for employees and clients. The property's zoning designation as S-1, Services District, reflects its suitability for a range of professional services and office-based businesses. This presents a rare opportunity to secure high-quality office space in a desirable location within Greenville County. The building's 1996 construction date suggests a solid foundation and potential for modern upgrades. The multiple tenancy option allows for flexibility in lease terms and space requirements.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,888,958
    6.5%
    $5,435,962
    7%
    $5,047,678
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,510,406
    Geo Method
    $2,510,406
  • Alternative Use

    Use
    Valuation
    Residential
    $6,740,592
    Hospitality
    $6,174,346
    Educational
    $5,136,984
    Medical
    $5,313,652
    Retail
    $7,990,863
25 Concourse Way, Greer, South Carolina

Location Insight

City
Greer
County
Greenville
State
South Carolina
Latitude
34.8754
Longitude
-82.2284
CBSA code
24860
CBSA name
GREENVILLE-ANDERSON, 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
$9,318
$2,940
$21,200
$24,140
-
$49,000
$353,350
$402,350

FAQs

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