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6865 & 6875 Highway 221
Moore, SC 29369
Asking Price
$1.20M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
6865 & 6875 Highway 221, Moore, SC 29369 <ul><li>Licensed Salvage Yard: Transfers with the property</li><li>Land: +/- 10.35 acres</li><li>Shop: +/ 2,400 sf metal building</li><li>Access of off 4 lane Hwy 221</li><li>1.8 miles to I-26, 12 miles to GSP, 10 miles to Downtown Spartanburg</li><li>Spartanburg County Tax Map ID’s 6-46-00-040.01 & 6-46-00-040.02</li><li>No zoning – located in Spartanburg County – subject to the Unified Land Management Ordinance.</li><li>Two Gated Entrances off of Hwy 221</li></ul>
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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657
