New Industrial Warehouse with
114 Lamp Light Cir Summerville, SC 29483
For Sale
Contact for pricing
Newly constructed 4,800 SF warehouse with office, yard, and three drive-in roll-up doors in an industrial zone.
Property Size4,800 SF
Lot Size1.25 Acres
Price / SF$260.42
Days on Market505
Property Features for 114 Lamp Light Cir
General Information
Standard status
Active
Size
4,800 SF
Lot size
1.25 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Roadstead Real Estate Advisors LLC
(843) 419-5320
Listed By:
Bryan B Delgado · License #93384
Source:
Moodyscre
Added: Mar 12, 2025
Changed: Jul 28
Last Checked: Jul 29 at 12:50PM
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 LLC
Investment Insights
Based on property information with market context.
Newly constructed warehouse and laydown yard property for sale at 114 Lamplight Circle in Summerville, SC. The offering includes approximately 4,800 SF of warehouse space with a small office area of about 225 SF plus a restroom. The facility is supported by three drive-in roll up bay doors, each 12' wide by 16' tall, for practical loading and unloading. The warehouse provides 20' eave height and 22' clear height.
The property sits on 1.25 acres and is zoned Industrial. Ample parking is provided for tractor trailers and trucks, supporting day-to-day logistics and yard operations.
The configuration combines a warehouse building with outdoor laydown space, making it well-suited for businesses that need both enclosed storage and yard work area under industrial zoning.
The property sits on 1.25 acres and is zoned Industrial. Ample parking is provided for tractor trailers and trucks, supporting day-to-day logistics and yard operations.
The configuration combines a warehouse building with outdoor laydown space, making it well-suited for businesses that need both enclosed storage and yard work area under industrial zoning.
Key Highlights
- Newly constructed 4,800 SF warehouse with a 225 SF +/- office and restroom
- 1.25‑acre industrial‑zoned property with warehouse plus yard/laydown space
- 20' eave height and 22' clear height
Financial Insights For Warehouse
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 | $111.2k | $23.16 |
| − Vacancy | −$4.6k | −$0.95 |
| EGI | $106.6k | $22.21 |
| − OpEx | −$16.0k | −$3.33 |
| NOI | $90.6k | $18.88 |
4,800 SF · lease $23.16/SF/yr · vacancy 4.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.29M
$1.13M – $1.51M
NOI $90,619 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.59M
$3.14M – $4.19M
NOI $251,453 @ 7.0% cap · market cap 20.12%
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?
Warehouse - Newly constructed 4,800 SF warehouse with office, yard, and three drive-in roll-up doors in an industrial zone.
Where is this warehouse located?
The property is located at 114 Lamp Light Cir Summerville, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Newly constructed 4,800 SF warehouse with a 225 SF +/- office and restroom; 1.25‑acre industrial‑zoned property with warehouse plus yard/laydown space; 20' eave height and 22' clear height
