Sign Up Successful!
You now have access to more from Realmo!
    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

    9623 Red Stone Dr Indian Land, SC

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Mixed-use project with retail, restaurant, office, and residential units.

    Property size:
    1,602 SF
    Lot size:
    1.70 Acres

    Property Features for 9623 Red Stone Dr

    General Information

    Size
    1,602 SF
    Lot size
    1.70 Acres

    We can help!

    Listing Contact
    Robbie Branstrom Adams
    Source: Moodyscre

    Listing Agent: Robbie Branstrom Adams

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

    Learn more

    Overview

    Premier Mixed-Use Project Space

    RedStone is a mixed-use project that blends entertainment, retail, restaurants, office space, and 266 residential units. It is located in northern Lancaster County. The property has two signalized points of entry from Highway 521 and is situated near the Red Ventures campus. The available space is 1602 square feet and is located at 9623 Red Stone Dr, Indian Land, SC. This location provides convenient access to metro Charlotte’s growing residential corridor and Indian Land’s corporate sector.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Shoppes at 521

    Location Insight

    • Map
    • Local Demand
    City
    Indian Land
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.8499976
    Latitude
    34.9531192

    Nearby Similar for Lease

    • $1,925 /Mo
      1,353 SF

      Arlington Townhome with Modern Amenities

      3-bedroom, 2.5-bathroom townhome in desirable Arlington neighborhood near Ballantyne.
      6309 Rhodins Ln, Indian Land, SC 29707
      View Details
    • Contact for pricing
      8,377 SF

      Mixed-Use Retail Space Available

      Premier mixed-use project with retail, residential, and entertainment.
      Charlotte Hwy & Redstone Dr, Indian Land, SC
      View Details
    • $30 SF/Yr
      28,000 SF

      Elite Edgewater Office Suites

      Modern Office Space, Flexible Sizes
      9571 Charlotte Hwy, Indian Land, SC 29707
      View Details
    • Contact for pricing
      17,400 SF

      Indian Land Retail Center

      Grocery-anchored spaces available now
      8918 Charlotte Hwy, Indian Land, SC 29707
      View Details
    • Contact for pricing
      76,796 SF

      Carolina Commons Retail Space

      High-traffic retail space available now.
      6285 Carolina Cmns Dr, Indian Land, SC 29707
      View Details
    • Contact for pricing
      1,604 SF

      Premier Mixed-Use Project Space

      Mixed-use property with retail, restaurant, office, and residential spaces.
      9695 Red Stone Dr, Indian Land, SC
      View Details
    • Contact for pricing
      30,978 SF

      Class A Office Space Available

      120,000 SF Class A office space for rent.
      1000 Corporate Ctr Way, Indian Land, SC
      View Details
    • Contact for pricing
      2,150 SF

      Cross Creek Retail Center - Indian Land

      Prime Retail Space, 2,150 sq ft, 170 acres
      8394 Charlotte Hwy, Indian Land, SC 29707
      View Details
    • Contact for pricing

      Retail Space in Growing Corridor

      Retail space available 1/1/2026 in a high-growth area.
      Indian Land, SC 29707
      View Details
    • $28 SF/Yr
      2,012 SF

      Retail Space Near Kiddie Academy

      Retail space available for lease near US-521.
      1990 Zelkova Dr, Indian Land, SC
      View Details
    • Contact for pricing

      Land Available For Lease

      Land available for lease in Indian Land, South Carolina.
      Indian Land, SC 29707
      View Details

    FAQs

    What type of property is this?
    Shopping center - Mixed-use project with retail, restaurant, office, and residential units.
    Where is this shopping center located?
    The property is located at 9623 Red Stone Dr Indian Land, SC.
    What are key features of this property?
    This property features: - Premier mixed-use project with entertainment, retail, restaurants, office, and residential units.; - Located in northern Lancaster County.; - High-density, pedestrian-friendly development.
    (704) 578-3111
    Request Owner's contact information
    9623 Red Stone Dr Indian Land, SC
    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.
    9623 Red Stone Dr
    Indian Land, SC
    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
    9623 Red Stone Dr Indian Land, SC
    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
    Robbie Branstrom Adams
    (704) 578-3111
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.