Standalone Office with
For Sale
$415,000
1227 Yeamans Hall Road, Hanahan, SC 29410
Standalone office building plus a detached storage building with roll-up door on approximately 0.35 acres.
Property Size2,233 SF
Lot Size0.35 Acres
Price / SF$275.20
Days on Market48
Property Features for 1227 Yeamans Hall Road
General Information
Standard status
Active
Size
2,233 SF
Class
B
Lot size
0.35 Acres
Property subtype
Office - General Office
Zoning
TC
Building Details
Building Size
2,233 SF
Listing Agency:
Roadstead Real Estate Advisors
(843) 577-7732
Listed By:
Bryan Delgado · License #93384
Source:
Commercialcafe
Added: Jul 13
Changed: Aug 28
Last Checked: Aug 29 at 6:33AM
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 Roadstead Real Estate Advisors
Investment Insights
Based on property information with market context.
Standalone office property in Hanahan’s Town Center (TC) zoning district, offering a ±1,508 SF office building and a detached ±725 SF storage building with a roll-up door. The site supports an owner-user configuration where office space can be paired with supplemental storage, warehouse, or workshop-type needs.
The property is positioned with excellent visibility along Yeamans Hall Road, with convenient access to Rivers Avenue, Remount Road, Interstate 526, and Charleston International Airport and the greater Charleston metro area.
With TC zoning, the site provides flexibility for a variety of office and commercial uses, depending on desired tenant or owner-occupant fit.
The property is positioned with excellent visibility along Yeamans Hall Road, with convenient access to Rivers Avenue, Remount Road, Interstate 526, and Charleston International Airport and the greater Charleston metro area.
With TC zoning, the site provides flexibility for a variety of office and commercial uses, depending on desired tenant or owner-occupant fit.
Key Highlights
- Standalone ±1,508 SF office building plus a detached ±725 SF storage building with roll‑up door
- Located on approximately 0.35 acres
- Hanahan Town Center (TC) zoning district supports a variety of office and commercial users
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,188
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$403,760
$403.8K
Cap Rate 7%
$288,400
$288.4K
Cap Rate 9%
$224,311
$224.3K
Market Conditions
NOI Build-Up for 1,508 SF
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.
Gross rent
$31.7K $21.00/SF
− Vacancy
−$4.8K −$3.15/SF
EGI
$26.9K $17.85/SF
− OpEx
−$6.7K −$4.46/SF
NOI
$20.2K $13.39/SF
Area
Berkeley County, SC
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$403,760
Cap Rate 7%
$288,400
Cap Rate 9%
$224,311
Alternative Uses
Best Use
Office B
$288.4K
$252.4K – $336.5K
NOI $20,188 @ 7.0% cap · market cap 4.86%
Second Best
Flex RnD
$221.8K
$194.1K – $258.8K
NOI $15,526 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$408.1K
$357.1K – $476.1K
NOI $28,566 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29410, SC
20,238
Population
8,501
Households
2.4
Avg Household Size
36
Median Age
38%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
1,927
Density / Sq Mi
$84,061
Median Household Income
$53,195
Median Earnings
$1,324
Median Rent
$339,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lunch Express — 1311 Remount Rd, North Charleston, SC 29406
Frequently Asked Questions
What type of property is this?
Flex space - Standalone office building plus a detached storage building with roll-up door on approximately 0.35 acres.
Where is this flex space located?
The property is located at 1227 Yeamans Hall Road Hanahan, SC.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Standalone ±1,508 SF office building plus a detached ±725 SF storage building with roll‑up door; Located on approximately 0.35 acres; Hanahan Town Center (TC) zoning district supports a variety of office and commercial users
