Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1057 Red Ventures Dr Fort Mill, SC 29707

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Nicely finished office space in Fort Mill's Corporate Center.

    Property size:
    1,001 SF
    Lot size:
    5.05 Acres

    Property Features for 1057 Red Ventures Dr

    General Information

    Size
    1,001 SF
    Lot size
    5.05 Acres

    We can help!

    Listing Contact
    Michael Bilodeau
    Michael Bilodeau
    Source: Moodyscre

    Listing Agency: MPV Properties Listing Agent: Michael Bilodeau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Finished Office Space For Rent

    This is a nicely finished office space available for rent within the 521 Corporate Center, located in Fort Mill, South Carolina. The space encompasses approximately 3,347 square feet and features a layout that includes 6 large private offices, a conference room, a kitchen, and a lobby area. The offices benefit from ample natural light, thanks to large windows in each office. The existing lease for this space expires on August 31, 2028. The lease is full service.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Q Works Group Employment Agency Mesa Associates Inc. Engineering Consultant Renovo USA Corporate Office Doris Reid Physician Mint Condition Commercial ... Commercial Cleaning Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mill
    County
    York
    State
    South Carolina
    Longitude
    -80.847826
    Latitude
    35.006434

    Nearby Similar for Lease

    • $35 SF/Yr
      2,966 SF

      Retail Space on Hwy 160

      Retail space for rent with high traffic volume.
      1504 Carolina Place Dr, Fort Mill, SC 29708
      View Details
    • $28 SF/Yr
      2,820 SF

      Office Space in Fort Mill

      Office suites available in rapidly growing Lancaster County.
      1061 Red Ventures Dr, Fort Mill, SC 29707
      View Details
    • Contact for pricing

      Office Space on Highway 160

      Office space available for lease in Fort Mill, SC.
      122 Ben Casey Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing

      Retail Center Anchored by Harris Teeter

      Neighborhood retail center in a rapidly growing area.
      1750 Highway 160 W, Fort Mill, SC 29708
      View Details
    • $7 SF/Yr
      129,500 SF

      Warehouse Space in Professional Park

      129,500 SF warehouse space with ample parking.
      301 Crestmont Dr, Fort Mill, SC 29708
      View Details
    • $7 SF/Yr
      129,500 SF

      Fort Mill Warehouse Space Available

      Warehouse space for rent in professional park setting.
      Crestmont Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing
      1,612 SF

      Retail Space in Fort Mill

      1,612 SF end cap retail space for lease.
      1135 Stonecrest Blvd, Fort Mill, SC 29708
      View Details
    • $14 SF/Yr
      12,000 SF

      Conditioned Flex Space For Rent

      Flex space available for rent in industrial park.
      3565 Centre Cir, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      4,200 SF

      Renovated Office Space For Rent

      Office space for rent in Downtown Fort Mill, SC.
      111 Academy St, Fort Mill, SC 29715
      View Details
    • Contact for pricing

      Highway Intersection Retail Opportunity

      Retail property available for rent at highway intersection.
      Wellness Way, Fort Mill, SC 28081
      View Details
    • Contact for pricing
      800 SF

      Retail Space in Fort Mill

      Retail space available for lease in Fort Mill, SC.
      818 Tom Hall St, Fort Mill, SC 29715
      View Details
    • Contact for pricing
      20,000 SF

      Fort Mill Office Space Available

      20000 SF office space for rent in Fort Mill.
      8563 Charlotte Hwy, Fort Mill, SC 29707
      View Details

    FAQs

    What type of property is this?
    Office units - Nicely finished office space in Fort Mill's Corporate Center.
    Where is this office units located?
    The property is located at 1057 Red Ventures Dr Fort Mill, SC.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Nicely finished office space in 521 Corporate Center.; - Full service lease.; - Layout includes **6 large private offices, conference room, kitchen, and lobby.**
    (704) 248-2100 Call to check price and availability
    Request Owner's contact information
    1057 Red Ventures Dr Fort Mill, SC 29707
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1057 Red Ventures Dr
    Fort Mill, SC 29707
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1057 Red Ventures Dr Fort Mill, SC 29707
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Bilodeau
    Michael Bilodeau
    (704) 248-2100 (704) 561-5253
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!