1701 Old Grove RdPiedmont, SC 29673

Property Details for 1701 Old Grove Rd

Lot size

53.99 AC

Zone code

R-10

Property type

Commercial real estate

APN

0409.00-01-001.30

APU

409000100130

Description

This exceptional Class A industrial property, totaling 336,850 square feet, offers ±176,615 square feet of immediately available space within the Augusta Grove Business Park, situated in Greenville County, South Carolina's thriving "Hub of Industry" along the I-85 corridor. The building, completed in 2023, boasts a 32-foot clear height, 64 dock-high doors (34 with 35,000 lb mechanical pit levelers), and two drive-in doors. The expansive 54-acre lot provides ample space for expansion, with existing parking for 210 vehicles (expandable to approximately 400). The facility features a robust power supply (277/480 Volt, 3-phase, 3,000 Amp service), ESFR sprinkler system, LED lighting, and clerestory windows for natural light. The space is divisible to a minimum of 50,000 square feet, offering flexibility for various business needs. The floor is a 6-inch reinforced concrete slab (4,000 PSI), and column spacing is 50' x 52' (60' speed bay). Conveniently located less than four miles from I-85 and with direct access to I-185, this property provides unparalleled access to major transportation arteries between Atlanta and Charlotte. The zoning is I-2. The property is identified by APN 0409000100130.

• CAP approach

  CAP return

  Valuation

  6%

  $652,527,000

  6.5%

  $602,332,000

  7%

  $559,309,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $193,624,000

  Geo Method

  $193,624,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,224,810,000

  Retail / Commercial

  $620,449,000

  Mixed-Use / Specialty

  $612,228,000

  Hospitality / Lodging

  $441,349,000

  Office

  $602,332,000

  Institutional / Educational

  $634,323,000

  Residential Income

  $742,158,000

  Multifamily

  $923,416,000

  Automotive / Energy

  $543,705,000

  Parking / Income-Based Land

  $193,563,000

  Restaurant / Food Service

  $305,601,000

  Healthcare / Senior Housing

  $633,990,000

Location Insight

City

Piedmont

County

Greenville

State

South Carolina

Latitude

34.7353

Longitude

-82.4068

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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