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

    5700 Airport Rd Anderson, SC 29626

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

    56,700 SF warehouse space, expandable to 90,000 SF.

    Property size:
    90,000 SF
    Lot size:
    90,000 SF

    Property Features for 5700 Airport Rd

    General Information

    Standard status
    Active
    Size
    90,000 SF

    We can help!

    Listing Contact
    Trey Pennington
    Trey Pennington
    Source: Cbre

    Listing Agent: Trey Pennington

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

    Learn more

    Property Insight Report

    Overview

    Warehouse Space Available for Lease

    A warehouse space featuring 56,700 square feet is available for lease, with the potential to expand to 90,000 square feet. The property is located on Airport Road in Anderson, South Carolina. Availability begins in December 2021.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FlexIT USA Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store Gym & Fitness Center Storage Facility Electrical Service

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

    Similar Places Nearby

    Highway 24 Storage, Airport Storage

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.7164865
    Latitude
    34.4988522

    Nearby Similar for Lease

    • $1,150 /Mo
      2,614 SF

      Downtown Anderson Commercial Space For Rent

      Versatile 1,300 SF space in historic downtown Anderson.
      122 W Whitner St, Anderson, SC 29624
      View Details
    • $3,400 /Mo

      Class A Office Space

      Professional office suite for rent in Anderson, SC.
      2315 N Main St, Anderson, SC 29621
      View Details
    • $5,500 /Mo

      Industrial Building in Anderson, SC

      Industrial building suitable for wholesale distribution in Anderson, SC.
      1821 S Mcduffie St, Anderson, SC 29624
      View Details
    • $1,800 /Mo

      Downtown Anderson Flex Space Available

      Flex space for lease in downtown Anderson near redevelopments.
      114-118 Tribble St, Anderson, SC 29625
      View Details
    • $4,000 /Mo

      Flex Building with Office, Warehouse

      Flex building with office and warehouse space for lease.
      109 Old Denver Rd, Anderson, SC 29625
      View Details
    • $4,000 /Mo

      Flex Building with Office/Warehouse Space

      Flex building with office and warehouse space for lease.
      113 Old Denver Rd, Anderson, SC 29625
      View Details
    • $5,000 /Mo

      Downtown Anderson Retail Space Available

      Retail space available for lease in downtown Anderson, SC.
      151 E Church St, Anderson, SC 29624
      View Details
    • $500 /Mo

      Modern Office Space Available

      Updated office space with 9 offices, conference room, and breakroom.
      521 N Mcduffie St, Anderson, SC 29621
      View Details
    • $2,333 /Mo

      Downtown Anderson Retail Space

      Retail space available for lease in downtown Anderson, SC.
      213 West Whitner St, Anderson, SC 29624
      View Details
    • $2,500 /Mo

      Office Space Available for Lease

      Office space for lease in Anderson, South Carolina.
      100 Electric City Blvd, Anderson, SC 29621
      View Details
    • $1,300 /Mo

      Renovated Office Building For Rent

      Renovated office building with versatile space for rent.
      1311 South Murray Avenue Ext, Anderson, SC 29624
      View Details
    • $1,300 /Mo

      Office Space Near Downtown Anderson

      Office suite with three private offices, reception, and kitchenette.
      1214 North Main Street Ext, Anderson, SC 29621
      View Details

    FAQs

    What type of property is this?
    Warehouse - 56,700 SF warehouse space, expandable to 90,000 SF.
    Where is this warehouse located?
    The property is located at 5700 Airport Rd Anderson, SC.
    What are key features of this property?
    This property features: - 56,700 SF Available December 2021; - Expandable to 90,000 SF
    (864) 527-6095
    Request Owner's contact information
    5700 Airport Rd Anderson, SC 29626
    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.
    5700 Airport Rd
    Anderson, SC 29626
    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
    5700 Airport Rd Anderson, SC 29626
    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!
    Listing Contact
    Trey Pennington
    Trey Pennington
    Real Estate License ID: 68011
    (864) 527-6095 (864) 293-9757 (864) 242-6169
    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!