Office and Warehouse Flex
119 Waters Ferry Rd Gilbert, SC 29054
For Sale
Contact for pricing
Flex office and warehouse facility includes ample laydown yard and an on-site rail spur.
Property Size12,000 SF
Price / SF$66.67
Days on Market801
Property Features for 119 Waters Ferry Rd
General Information
Standard status
Active
Size
12,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
Trinity Partners | Columbia
(803) 567-1373
Listed By:
Braden Shockley · License #136374
(803) 567-1373
Source:
Moodyscre
Added: May 20, 2024
Changed: Jul 27
Last Checked: Jul 28 at 3:30PM
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 Trinity Partners | Columbia
Investment Insights
Based on property information with market context.
This for-sale flex property includes a 2,000 SF office building and a 10,000 SF warehouse. The buildings are currently being renovated to include new exterior finishes, supporting an updated exterior presentation.
The site offers ample laydown yard and includes a rail spur on-site. The property is zoned General Commercial (Town of Gilbert).
The combination of office space and warehouse use, along with the outdoor laydown area and rail spur, creates a versatile platform for an end user seeking both administrative space and logistics-oriented capabilities.
The site offers ample laydown yard and includes a rail spur on-site. The property is zoned General Commercial (Town of Gilbert).
The combination of office space and warehouse use, along with the outdoor laydown area and rail spur, creates a versatile platform for an end user seeking both administrative space and logistics-oriented capabilities.
Key Highlights
- Flex facility with 2,000 SF office building and 10,000 SF warehouse
- Ample laydown yard for storage or staging
- Rail spur on site
Financial Insights For Flex RnD
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 | $90.7k | $7.56 |
| − Vacancy | −$5.7k | −$0.48 |
| EGI | $85.0k | $7.08 |
| − OpEx | −$29.8k | −$2.48 |
| NOI | $55.3k | $4.60 |
12,000 SF · lease $7.56/SF/yr · vacancy 6.30% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.30M
$2.01M – $2.68M
NOI $160,902 @ 7.0% cap · market cap 20.11%
Second Best
Warehouse
$1.29M
$1.13M – $1.50M
NOI $90,121 @ 7.0% cap · market cap 11.27%
Theoretical Best
Office A
$3.22M
$2.82M – $3.76M
NOI $225,600 @ 7.0% cap · market cap 28.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex office and warehouse facility includes ample laydown yard and an on-site rail spur.
Where is this flex space located?
The property is located at 119 Waters Ferry Rd Gilbert, SC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Flex facility with 2,000 SF office building and 10,000 SF warehouse; Ample laydown yard for storage or staging; Rail spur on site
