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427 Mcneely Rd
Piedmont, SC 29673

247 McNeely Rd & 104 Propes Dr · Property For Sale

Investment Highlights

  • Property site on ±4.59 Acres; close proximity to I-85 & 153
  • 104 Propes Drive is contiguous to 247 McNeely Road ±3 Acres raw Land

Executive Summary

427 McNeely Road:
±21,734 sq ft in 3 separate buildings
Building 1: ±3,300 sq ft of office (house converted to office)
Building 2: ±9,618 sq ft with 882 sq ft office
Building 3: ±7,500 sq ft of warehouse
Property site on ±4.59 Acres; close proximity to I-85 & 153
Current lease term:
August 31, 2023 through August 31, 2029
Tenant has 1 (4) year renewal option
Asking price is $1,800,000
NOI: $118,000.00
104 Propes Drive:
Contiguous to 247 McNeely Road
±3 Acres raw Land
Asking price is $285,000

PROPERTY FACTS Under Contract

Price / SF £81.85 / SF
Net Initial Yield 5.66%
Sale Type Investment
Status In Exchange
Number of Properties 4
Individually For Sale 0
Total Building Size 20,418 SF
Total Land Area 18.28 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building 1
427 Mcneely Rd, Piedmont, SC 29673
Industrial 3,300 SF 1965 -
Building 2
427 McNeely Rd, Piedmont, SC 29673
Industrial 9,618 SF 1980 -
Building 3
427 McNeely Rd, Piedmont, SC 29673
Industrial 7,500 SF 1980 -
104 Propes Dr, Piedmont, SC 29673 Land 3.00 AC - -
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  • Listing ID: 33052544

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address:

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