Multi-Building Industrial
115 AIRPORT ENTRANCE RD Summerville, SC 29483
For Sale
Contact for pricing
Industrial assemblage includes three warehouse buildings with roll-up doors, clear heights up to 12–17 feet, and additional yard-ready land.
Property Size7,821 SF
Lot Size1.25 Acres
Price / SF$264.93
Days on Market85
Property Features for 115 AIRPORT ENTRANCE RD
General Information
- Standard status
- Active
- Size
- 7,821 SF
- Lot size
- 1.25 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1985
Listing Agency:
ALIGN'D PROPERTIES
Listed By:
Mary Beth Wichlei · License #SC 52280
Source:
Crexi
Added: May 2
Changed: Jul 22
Last Checked: Jul 24 at 6:16PM
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 ALIGN'D PROPERTIES
Investment Insights
Based on property information with market context.
This industrial compound includes three warehouse buildings on a combined site with clear heights ranging from 10 to 17 feet. Building 1 offers 1,666 SF and a 44’ x 9’ vertical fold roll-up door. Building 2 provides 1,498 SF with a 10’ x 9’ slab-grade roll-up door. Building 3 includes 4,657 SF and multiple roll-up doors: two oversized 44’ x 9’ and 41’ x 9’ vertical fold doors plus an 8’ x 6’10” slab-grade door.
The offering includes additional land (two parcels totaling 0.22 acres) that can support yard space, outdoor storage, equipment staging, or future site reconfiguration. The assemblage totals 7,821 SF across the three buildings and includes six slab-grade doors, with three-phase power servicing the entire property.
The site configuration supports operation as either a single-user compound or a multi-tenant investment, with excess yard area for storage, fleet parking, or expansion. The property is located in a high-growth industrial corridor within the Charleston MSA.
The offering includes additional land (two parcels totaling 0.22 acres) that can support yard space, outdoor storage, equipment staging, or future site reconfiguration. The assemblage totals 7,821 SF across the three buildings and includes six slab-grade doors, with three-phase power servicing the entire property.
The site configuration supports operation as either a single-user compound or a multi-tenant investment, with excess yard area for storage, fleet parking, or expansion. The property is located in a high-growth industrial corridor within the Charleston MSA.
Key Highlights
- Industrial assemblage built in 1985 with 7,821 SF across three warehouse buildings
- Total site area of 1.25 acres with additional 0.22 acres of land for yard space and storage
- Clear heights range from 10'4" to 12'7"
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 | $181.1k | $23.16 |
| − Vacancy | −$7.4k | −$0.95 |
| EGI | $173.7k | $22.21 |
| − OpEx | −$26.1k | −$3.33 |
| NOI | $147.7k | $18.88 |
7,821 SF · lease $23.16/SF/yr · vacancy 4.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,652 @ 7.0% cap · market cap 7.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.85M
$5.12M – $6.83M
NOI $409,711 @ 7.0% cap · market cap 19.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar Off Market Nearby
- Climate Masters Indoor Storage — 2745 W 5th N St, Summerville, SC 29483
FAQs
What type of property is this?
Warehouse - Industrial assemblage includes three warehouse buildings with roll-up doors, clear heights up to 12–17 feet, and additional yard-ready land.
Where is this warehouse located?
The property is located at 115 AIRPORT ENTRANCE RD Summerville, SC.
What is the asking price?
The asking price for this property is $2,072,000.
What are key features of this property?
This property features: Industrial assemblage built in 1985 with 7,821 SF across three warehouse buildings; Total site area of 1.25 acres with additional 0.22 acres of land for yard space and storage; Clear heights range from 10'4" to 12'7"
