Irmo Storage Facility For
For Sale
Contact for pricing
1610 Dutch Fork Rd, Irmo, SC
Fully leased storage facility with security features and LED signage.
Property Size3,215 SF
Lot Size1.09 Acres
Price / SF$264.39
Days on Market716
Property Features for 1610 Dutch Fork Rd
General Information
Standard status
Active
Size
3,215 SF
Lot size
1.09 Acres
Property subtype
OFFICE
Listing Agency:
ERA Wilder Realty Inc. - Columbia
(803) 728-8400
Listed By:
David Brock · License #58004
(803) 312-1908
Source:
Moodyscre
Added: Nov 12, 2024
Changed: Oct 25
Last Checked: Oct 28 at 11:24AM
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 ERA Wilder Realty Inc. - Columbia
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property, located in Irmo, SC, is a fully leased storage facility. The property features security fencing with keypad entry and security cameras. An LED sign is also present. The storage yard is currently at 100% capacity. The property size is 3215 square feet.
Key Highlights
- Fully leased property, a great investment opportunity.
- Storage yard at 100% capacity.
- Benefit from security fencing with keypad entry.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,221
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,420
$564.4K
Cap Rate 7%
$403,157
$403.2K
Cap Rate 9%
$313,567
$313.6K
Market Conditions
NOI Build-Up for 3,215 SF
Gross rent
$42.4K $13.20/SF
− Vacancy
−$2.1K −$0.66/SF
EGI
$40.3K $12.54/SF
− OpEx
−$12.1K −$3.76/SF
NOI
$28.2K $8.78/SF
Area
Richland County, SC
Vacancy
5.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,420
Cap Rate 7%
$403,157
Cap Rate 9%
$313,567
Alternative Uses
Best Use
Self Storage
$403.2K
$352.8K – $470.4K
NOI $28,221 @ 7.0% cap · market cap 3.32%
Second Best
Industrial
$224.7K
$196.6K – $262.2K
NOI $15,731 @ 7.0% cap · market cap 1.85%
Theoretical Best
Specialty Retail
$725.4K
$634.8K – $846.3K
NOI $50,780 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
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Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - Fully leased storage facility with security features and LED signage.
Where is this self storage facility located?
The property is located at 1610 Dutch Fork Rd Irmo, SC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully leased property, a great investment opportunity.; Storage yard at 100% capacity.; Benefit from security fencing with keypad entry.
