Warehouse Facility & 1.50 AC Laydown Yard for Sale | 8.32% Cap

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30578092
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 58,820 SF
Gross Building Area: 67,159 SF
Gross Land Area: 5.97 SF
Sale Price: $925,000
Unit Price: $15.73 PSF
Ceiling: 14 ft. Clear
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 8.24%
Average Occupancy Rate: 60
Last Updated: 4/15/2021

Overview / Comments

200 Davis Street consists of approximately 67,159 SF situated on 5.97 acres of industrial zoned land with approximately 4,432 SF of office in shell condition. Adjacent to the building is a 1.50 acre lot with ample amount of lay down yard. General structural components consist of masonry brick exterior walls with concrete or brick common walls between the sections and three truck access doors. The improvements are constructed on reinforced concrete with a standing seam roof. The most recent renovation occurred in 2017, which included a new roof and LT lighting throughout the building. The previous use was a cut and sew facility.

Additional Details

Nearest MSA: Bennettsville
County: Chesterfield
Tax ID/APN: 170 014 001 002
Tenancy: Multiple Tenants
Year Built: 1955
Year Renovated: 2016
Eave Height: 12
Sprinklers: Wet
X-Phase: 3

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,532 7,275
Median Age: 42.3 41.26
Households: 1,069 2,945
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