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Freestanding Office/Warehouse with Secured Yard
For Sale
Contact for pricing
Pending

219 Old Summerville Rd, Summerville, SC 29486

Zoned GC with a heavily secured, fenced gravel yard and ample parking in front and rear of the building.

Property Size2,000 SF
Days on Market548

Property Features for 219 Old Summerville Rd

General Information

Standard status Pending
Size 2,000 SF
Property subtype INDUSTRIAL
Zoning GC - Berkeley County
Listing Agency: NAI | Charleston
Listed By: Whit Jones · License #113794
Source: Moodyscre
Added: May 2, 2025 Changed: Oct 25 Last Checked: Oct 30 at 6:16PM

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 | Charleston

Rey
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Investment Insights

Based on property information with market context.

This freestanding office/warehouse includes approximately 2,000 SF of office and warehouse space with a heavily secured, fenced gravel yard. The property is set up with ample parking in both the front and rear of the building, supporting flexible day-to-day operations.

The site features 325 feet of frontage on Old Summerville Rd and is zoned GC for Berkeley County. The parcel is identified by TMS #222-00-00-006.

Overall, the combination of office/warehouse space, secured outdoor storage, and substantial road frontage provides a practical foundation for a business that needs both covered space and controlled yard area.

Key Highlights

  • Approximately 2,000 SF office/warehouse space
  • Heavily secured, fenced gravel yard
  • Ample parking in front and rear of building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,763
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,260 $855.3K
Cap Rate 7%
$610,900 $610.9K
Cap Rate 9%
$475,144 $475.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$73.9K $36.96/SF
− Vacancy
−$8.1K −$4.07/SF
EGI
$65.8K $32.89/SF
− OpEx
−$23.0K −$11.51/SF
NOI
$42.8K $21.38/SF
Area
Dorchester County, SC
Vacancy
11.00%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,260
Cap Rate 7%
$610,900
Cap Rate 9%
$475,144

Alternative Uses

Best Use
Flex RnD
$610.9K
$534.5K – $712.7K (±1% cap)
NOI $42,763 @ 7.0% cap · market cap 4.89%
Second Best
Warehouse
$539.4K
$472.0K – $629.3K (±1% cap)
NOI $37,758 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,772 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Skin Care Clinic Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29486, SC

41,148
Population
19,452
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
90%
High-School Grad
62.3 sq mi
ZIP Area
660
Density / Sq Mi
$87,386
Median Household Income
$45,533
Median Earnings
$1,612
Median Rent
$329,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • The real Nothin But Chicken llc..( food truck ) — not a store front, 102 Salem Ct, Summerville, SC 29483

Frequently Asked Questions

What type of property is this?
Flex space - Zoned GC with a heavily secured, fenced gravel yard and ample parking in front and rear of the building.
Where is this flex space located?
The property is located at 219 Old Summerville Rd Summerville, SC.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Approximately 2,000 SF office/warehouse space; Heavily secured, fenced gravel yard; Ample parking in front and rear of building
(757) 585-0071 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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