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1407 S Danzler Rd - JBs Indoor RV & Boat Storage

9,524 SF Speciality Building Offered at £1,590,840 at a 6.85% Net Initial Yield in Duncan, SC 29334

Investment Highlights

  • 26 covered spaces
  • Laydown Yard
  • Public Water & Sewer access
  • 42 uncovered spaces
  • Proximity to Interstate 85 and major highway
  • Pro forma Cap Rate of 7.78%

Executive Summary

JBs Indoor RV & Boat Storage (Tract "A") is located at 1407 South Danzler Road in Duncan, SC. Situated less than two (2) miles from Interstate 85 in Spartanburg County SC, this facility is uniquely located in a high-traffic area off Hwy 101 and exit #60 on I-85.
Property includes twenty-six (26) covered spaces and forty-two (42) uncovered spaces. Amenities include digital key-pad electronic gate, security cameras and fencing with barbed wire. Value Add opportunities are available to Buyer.
Laydown yard (Tract "B") is 3.1 acres and ideal for parking or storage of materials. Land lease/contract is in place, with two (2) years remaining.
26 covered spaces
42 uncovered spaces
Laydown yard
Steady income with Value-Add potential
Public Water & Sewer access
94% Occupancy
Proximity to Interstate 85 and major highway
Built in 2019
Pro-forma Cap Rate 7.29%

Property Facts

Price £1,590,840
Price Per SF £167
Sale Type Investment or Owner User
Net Initial Yield 6.85%
Property Type Speciality
Property Subtype
Self-Storage
  • Specialty Parking Lot
  • Specialty Contractor Storage Yard
Building Class B
Lot Size 7.56 AC
Building Size 9,524 SF
Number of Floors 1
Year Built 2019
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5-25-00-126.05
Land Assessment
£6,109
Improvements Assessment
£27,642
Total Assessment
£33,751

zoning

Zoning Code 6RGC (Non-Qualified Regular Commercial Improved (6RGC))
6RGC (Non-Qualified Regular Commercial Improved (6RGC))
  • Listing ID: 30885861

  • Date on Market: 06/02/2024

  • Last Updated:

  • Address: 1407 S Danzler Rd, Duncan, SC 29334

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