Office/Warehouse with Fenced
For Sale
$629,000
1809 Rahn Lane / 2812 Smilax Avenue, Port Royal, SC 29935
Flex-style office/warehouse building sits on nearly an acre of land with a fenced yard area on two parcels.
Property Size1,800 SF
Lot Size0.92 Acres
Price / SF$349.44
Days on Market9
Property Features for 1809 Rahn Lane / 2812 Smilax Avenue
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.92 Acres
Property subtype
Land
Site & Location
Road Access
Yes
Fenced Yard
Yes
Listing Agency:
NAI Carolina Chapter
(843) 247-2470
Listed By:
Baker Wilkins · License #31069
(843) 247-2470
Source:
Naiglobal
Added: Jul 26
Changed: Jul 27
Last Checked: Aug 2 at 4:16AM
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 NAI Carolina Chapter
Investment Insights
Based on property information with market context.
The property includes a total of approximately 0.92 acres across two parcels, with a combined office/warehouse building of about 1,800 SF. The site also features approximately 0.48 acres of fenced yard, providing dedicated outdoor space suitable for business operations requiring secure storage or staging.
Located just off Ribaut Road, the property fronts Smilax Avenue at an entrance to the Spanish Moss Trail. The setting is described as being in the heart of Port Royal with access to nearby areas including Beaufort, Lady’s Island, St. Helena, and Marine Corps – Parris Island.
As a compact office/warehouse configuration with fenced yard area on two parcels, the property may fit a range of small-bay industrial or flex uses that benefit from on-site office space and controlled outdoor storage.
Located just off Ribaut Road, the property fronts Smilax Avenue at an entrance to the Spanish Moss Trail. The setting is described as being in the heart of Port Royal with access to nearby areas including Beaufort, Lady’s Island, St. Helena, and Marine Corps – Parris Island.
As a compact office/warehouse configuration with fenced yard area on two parcels, the property may fit a range of small-bay industrial or flex uses that benefit from on-site office space and controlled outdoor storage.
Key Highlights
- +/- 0.92 acres on 2 parcels with a +/- 1,800 SF office/warehouse building
- +/- 0.48‑acre fenced yard area
- Flex‑style office/warehouse building configuration
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 | $54.0k | $30.00 |
| − Vacancy | −$4.3k | −$2.40 |
| EGI | $49.7k | $27.60 |
| − OpEx | −$17.4k | −$9.66 |
| NOI | $32.3k | $17.94 |
1,800 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$461.3K
$403.7K – $538.2K
NOI $32,292 @ 7.0% cap · market cap 5.13%
Second Best
Warehouse
$172.6K
$151.0K – $201.4K
NOI $12,081 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$543.1K
$475.2K – $633.6K
NOI $38,016 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29935, SC
3,859
Population
2,126
Households
1.8
Avg Household Size
40
Median Age
34%
College-Educated
90%
High-School Grad
2.3 sq mi
ZIP Area
1,678
Density / Sq Mi
$64,631
Median Household Income
$47,604
Median Earnings
$1,353
Median Rent
$252,000
Median Home Value
Market
Properties on Market for Flex space in Beaufort County
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex-style office/warehouse building sits on nearly an acre of land with a fenced yard area on two parcels.
Where is this flex space located?
The property is located at 1809 Rahn Lane / 2812 Smilax Avenue Port Royal, SC.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: +/- 0.92 acres on 2 parcels with a +/- 1,800 SF office/warehouse building; +/- 0.48‑acre fenced yard area; Flex‑style office/warehouse building configuration
