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    11 Demedicis Blvd Warrenville, SC 29851

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    Sponsored
    For Lease
    $3,950 /Mo ($4 SF/Yr)

    COMMERCIAL - Warrenville, SC

    Property size:
    10,000 SF
    Lot size:
    4.60 Acres
    Days on Market:
    10
    Last Refresh:
    Mar 25 at 3:06 am

    Property Features for 11 Demedicis Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    0891305001
    Parking features
    Parking Lot
    Exterior features
    Private Entrance, Private Yard
    Size
    10,000 SF
    Lot size
    4.60 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    2011
    Roof type
    Metal

    We can help!

    Listing Contact
    R. Dean Newman
    R. Dean Newman

    Newman Real Estate

    Listing agent R. Dean Newman License #281453

    Listing date Mar 16, 2026

    MLS# 553342

    Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Warrenville Warehouse Space for Lease

    This warehouse space, available for lease, is located fronting Pine Log Road in Aiken County, specifically on the south side of Warrenville. The property is part of a larger parcel that includes self-storage warehouses. The warehouse provides approximately 10,000 square feet of space, including a 500 square foot office. The warehouse features high ceilings, reaching approximately 20 feet at the peak and 16 feet at the eaves. Access is facilitated by two grade-level roll-up doors, one on each end, each approximately 16 feet high. In addition to the warehouse area, there is a large office, access to a kitchen/break room, and a private bathroom. Access to the warehouse is through a security gate. The property is zoned RUD per Aiken County. The location is approximately 3 miles from Highway 78 and 4 miles from Hitchcock Parkway. The section of Pine Log Road sees approximately 7,400 vehicles per day, and Howlandville Rd sees 7,200 vehicles per day. The location facilitates logistics and distribution. The area is supported by a skilled labor force and nearby technical schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Storage Facility Grocery & Convenience Store Car Rental Facility Daycare Center Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Nathan's Self Storage & Uhaul

    Location Insight

    • Map
    • Local Demand
    City
    Warrenville
    County
    Aiken
    State
    South Carolina
    Longitude
    -81.784939
    Latitude
    33.520263

    Nearby Similar for Lease

    • $3,950 /Mo
      10,000 SF

      Warrenville Warehouse with Office Space

      10,000 SF warehouse with office for lease.
      11 Demedicis Blvd, Warrenville, SC 29851
      View Details
    • New
      $5,950 /Mo
      6,510 SF

      Warrenville Flex Building with Cottage

      Flex building and renovated cottage available for rent in Warrenville.
      2884 Pine Log Rd, Warrenville, SC 29851
      View Details
    • New
      $5,950 /Mo
      6,510 SF

      Flex Building with Cottage Rental

      Flex building with cottage, ideal live/work opportunity in Warrenville.
      2884 Pine Log Rd, Warrenville, SC 29851
      View Details
    • $24 SF/Yr
      3,000 SF

      Prime Warrenville Retail Space

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    FAQs

    What type of property is this?
    Warehouse - 10,000 SF warehouse with office space in Aiken County.
    Where is this warehouse located?
    The property is located at 11 Demedicis Blvd Warrenville, SC.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - High ceilings, **20 ft peak and 16 ft eaves**, suitable for various uses.; - **Two 16 ft high grade-level roll-up doors** for easy access.; - Excellent location with convenient access to Highway 78 (3 miles) and Hitchcock Parkway (4 miles).
    (803) 649-9120
    Request Owner's contact information
    11 Demedicis Blvd Warrenville, SC 29851
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    Warrenville, SC 29851
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Demedicis Blvd Warrenville, SC 29851
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    We can help!
    Listing Contact
    R. Dean Newman
    R. Dean Newman
    Real Estate License ID: 281453
    Learn More
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