Retail/Flex Building on Corner
247 Hands Mill Hwy Rock Hill, SC 29732
247 Hands Mill Hwy, Rock Hill, SC, 29732
$2,750,000
For Sale
$2,750,000
21,548 SF retail/flex building on 1.73 acre corner site.
Property Size21,548 SF
Lot Size1.73 Acres
Price / SF$127.62
Days on Market112
Property Features for 247 Hands Mill Hwy
General Information
- Standard status
- Active
- Size
- 21,548 SF
- Lot size
- 1.73 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing Agency
Southern Commercial Real Estate, LLC
(803) 322-7228
Listed by
Randy Graham · License #11640
(803) 322-7228
Source
Svn-scre
Added: Apr 1 Updated: Jul 10 at 1:16 pm Checked: Jul 20 at 3:02 am
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 Southern Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
This is a freestanding building with 21,548 square feet of retail, special purpose, and flex space. The building is located on Hands Mill Road/Hwy. 274, situated on a 1.73 acre corner site. It is zoned UD in York County. The building was formerly an indoor gun range and features high security construction throughout. The entire building is heated and cooled. Three-phase electrical power and other utilities are available.
Key Highlights
- +/-21,548 SF free‑standing building
- +/-1.73 acre corner site
- Zoned UD in York County
Local 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 | $431.8k | $20.04 |
| − Vacancy | −$45.3k | −$2.10 |
| EGI | $386.5k | $17.94 |
| − OpEx | −$135.3k | −$6.28 |
| NOI | $251.2k | $11.66 |
21,548 SF · lease $20.04/SF/yr · vacancy 10.50% · expense 35.00%
Alternative Uses
Best Use
Retail
$4.16M
$3.64M – $4.86M
NOI $291,393 @ 7.0% cap · market cap 10.60%
Second Best
Flex RnD
$3.59M
$3.14M – $4.19M
NOI $251,212 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$5.07M
$4.43M – $5.91M
NOI $354,706 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sportsman Inc
Shooting Range
1st Defense Training, ...
Training Center
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 21,548 SF retail/flex building on 1.73 acre corner site.
Where is this retail space located?
The property is located at 247 Hands Mill Hwy Rock Hill, SC.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: +/-21,548 SF free‑standing building; +/-1.73 acre corner site; Zoned UD in York County
