Florence Warehouse with Loading
710 710 Barringer Street, Florence, SC 29501
Warehouse with loading dock and high-traffic location near downtown.
Type:General Commercial
Property size:
3,375 SFLot size:
0.82 AcresPrice / SF:
$118/SF- Added:
- Oct 25, 2022
- Days on Market:
- 1315
- Last Refresh:
- May 13 at 8:20 pm
Property Features for 710 710 Barringer Street
General Information
- Standard status
- Active
- Size
- 3,375 SF
- Lot size
- 0.82 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1973
Listing agent Melissa Hucks
Listing office Greystone Properties, Llc (843) 625-6893
Listing date Oct 25, 2022
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Greystone Properties, Llc
HighLights
- Prime location near downtown Florence, McLeod Hospital, MUSC Hospital, and Florence Regional Airport.
- Large lot (.82 acres) with substantial frontage (almost 250 feet) on Barringer Street.
- Large metal warehouse with concrete floor and loading dock.
- High traffic location.
- Multiple adjacent properties with frontage on Church Street are also for sale, offering expansion potential.
- Additional buildings on the property.
Overview
Located in a high-traffic area near downtown Florence, this property is less than one mile from McLeod Hospital and within three miles of MUSC Hospital and Florence Regional Airport. The property features a large lot of 0.82 acres with almost 250 feet of frontage on Barringer Street. A large metal warehouse with a concrete floor and loading dock is situated on the property, along with other buildings. Multiple adjacent properties with frontage on Church Street are also for sale. The property size is 3375 square feet.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $7.80 |
| − Vacancy | −$1.1k | −$0.32 |
| EGI | $25.2k | $7.48 |
| − OpEx | −$3.8k | −$1.12 |
| NOI | $21.5k | $6.36 |
3,375 SF · lease $7.80/SF/yr · vacancy 4.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$306.6K
$268.2K – $357.7K
NOI $21,459 @ 7.0% cap · market cap 5.36%
Second Best
Industrial
$252.5K
$220.9K – $294.5K
NOI $17,672 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$497.6K
$435.4K – $580.5K
NOI $34,830 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Florence
- State
- South Carolina
- Longitude
- -79.7620634
- Latitude
- 34.1866533
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Warehouse with loading dock and high-traffic location near downtown.
Where is this warehouse located?
The property is located at 710 710 Barringer Street Florence, SC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime location near downtown Florence, McLeod Hospital, MUSC Hospital, and Florence Regional Airport.; Large lot (.82 acres) with substantial frontage (almost 250 feet) on Barringer Street.; Large metal warehouse with concrete floor and loading dock.
