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

    5000-5001 Lacross Rd Charleston, SC 29406

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

    33,000 SF warehouse with 7.5 AC outdoor storage.

    Property size:
    33,000 SF
    Lot size:
    11.70 Acres

    Property Features for 5000-5001 Lacross Rd

    General Information

    Size
    33,000 SF
    Lot size
    11.70 Acres

    We can help!

    Listing Contact
    Dexter C. Rumsey, Iv
    Source: Moodyscre

    Listing Agent: Dexter C. Rumsey, Iv

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

    Learn more

    Overview

    Warehouse with Outdoor Storage

    This warehouse property, available for lease immediately, offers approximately 33,000 square feet of warehouse space along with approximately 7.5 acres of outdoor storage. The lease rate is $8 per square foot, NNN for the warehouse, and $7,500 per acre for the outdoor storage. The property features ample surface parking and over 10 loading docks. The clear height ranges from 16 to 30 feet. Power is available, with amperage to be determined. It is located in the City of North Charleston, Charleston County, and is zoned B2- General Business (with exception).
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Smooth Move Charleston

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.016955
    Latitude
    32.883702

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Charleston

      Flexible workspace in Las Colinas MacArthur
      170 Floors, Charleston, SC 29401
      View Details
    • $36 SF/Yr
      90,993 SF

      Retail Space in James Island

      Retail space for lease in a high-traffic shopping center.
      1739 Maybank Hwy, Charleston, SC 29412
      View Details
    • $75 SF/Yr
      3,740 SF

      Prime Retail Space on King

      High-profile retail space in Charleston's premier shopping destination.
      229 King St, Charleston, SC 29401
      View Details
    • Contact for pricing

      Benefitfocus Way Office Space Sublease

      Office spaces for sublease in two buildings near I-526.
      215 Benefitfocus Way, Charleston, SC 29492
      View Details
    • $24 SF/Yr
      78,394 SF

      Furnished Office Building Sublease Opportunity

      Well-appointed, fully furnished office building available for sublease on Daniel Island.
      125 Fairchild St, Charleston, SC 29492
      View Details
    • $22 SF/Yr
      16,816 SF

      Charleston Historic District Office Space

      Renovated office suites with harbor views in Charleston's historic district.
      2 Cumberland St, Charleston, SC 29401
      View Details
    • $23 SF/Yr
      2,000 SF

      Renovated Retail Space on King

      Recently renovated retail space with high foot traffic and parking.
      577 King St, Charleston, SC 29401
      View Details
    • $20 SF/Yr
      1,010 SF

      Clements Ferry Road Office Space

      Second floor office space available for rent in Charleston.
      2414 Clements Ferry Rd, Charleston, SC 29492
      View Details
    • $37 SF/Yr
      1,978 SF

      Downtown Charleston Office with Drive-Thru

      Turn-key office space with parking and drive-thru in Charleston.
      172 Ashley Ave, Charleston, SC 29401
      View Details
    • $20 SF/Yr
      1,500 SF

      Office Space on Jessen Lane

      Highly visible office space in a rapidly growing commercial corridor.
      405 Jessen Ln, Charleston, SC 29492
      View Details
    • $45 SF/Yr
      2,030 SF

      Retail Space Near College

      Retail spaces for lease near the College of Charleston.
      55 George St, Charleston, SC 29401
      View Details
    • $16 SF/Yr
      2,800 SF

      Savannah Highway Retail/Office Building

      Free-standing 2,800 SF retail or office building for lease.
      2413 Savannah Hwy, Charleston, SC 29414
      View Details

    FAQs

    What type of property is this?
    Warehouse - 33,000 SF warehouse with 7.5 AC outdoor storage.
    Where is this warehouse located?
    The property is located at 5000-5001 Lacross Rd Charleston, SC.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Substantial Warehouse Space: **±33,000 RSF available immediately.**; - Extensive Outdoor Storage: **±7.5 AC of laydown area.**; - Abundant Loading Docks: **10+ loading docks for efficient operations.**
    (843) 452-9417 Call to check price and availability
    Request Owner's contact information
    5000-5001 Lacross Rd Charleston, SC 29406
    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.
    5000-5001 Lacross Rd
    Charleston, SC 29406
    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
    5000-5001 Lacross Rd Charleston, SC 29406
    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
    Dexter C. Rumsey, Iv
    (843) 452-9417 (843) 720-4944
    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!