Building Details

Year Built 1973

Buildings 1

Building Size 1,960 SF

Tenancy Multi

Listing Agency: Point 135 Real Estate

Listed By: Kent Hudson Show Phone

Source: Highperformancerea

Added: Aug 24 Changed: Sep 12 Last Checked: Oct 7 at 12:57PM

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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 Point 135 Real Estate

Investment Insights

Based on property information with market context.

Built in 1973, this office property contains approximately 1,960 heated square feet arranged as two separate suites. Each suite has its own entrance and restroom, creating a practical layout for distinct occupants or owner use with additional space. Recent exterior work includes architectural shingles and oversized 6-inch gutters.

The 1.43-acre property fronts Filbert Highway in York County and carries General Commercial (GC) zoning. QuikTrip and Dollar General are located approximately one mile away, with additional commercial development noted along the corridor.

Key Highlights

• Approximately 1,960 heated square feet in two separate office suites
• Each suite includes an individual entrance and restroom
• 1.43‑acre property along Filbert Highway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,115

Cap Rate

3.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$522,300 $522.3K

Cap Rate 7%

$373,071 $373.1K

Cap Rate 9%

$290,167 $290.2K

Market Conditions

NOI Build-Up for 1,960 SF

Gross rent

$37.2K $18.96/SF

− Vacancy

−$2.3K −$1.19/SF

EGI

$34.8K $17.77/SF

− OpEx

−$8.7K −$4.44/SF

NOI

$26.1K $13.32/SF

Area

York County, SC

Vacancy

6.30%

Lease Rate

$18.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$522,300

Cap Rate 7%

$373,071

Cap Rate 9%

$290,167

Alternative Uses

Best Use

Office B

$373.1K

$326.4K – $435.3K (±1% cap)

NOI $26,115 @ 7.0% cap · market cap 3.26%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$460.9K

$403.3K – $537.7K (±1% cap)

NOI $32,264 @ 7.0% cap · market cap 4.03%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Trent Campbell Builders General Contractor Poo Doctors Plumbing Service Trent Campbell Builders, ... Construction Company Rooter Man Plumbing ... Plumbing Service

Suggested Use

Top Pick Building Supply HVAC Service Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Dental Office

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

Lease Details

2

Office units

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Explore this area Business Placement

Demographics for 29745, SC

32,602

Population

13,765

Households

2.4

Avg Household Size

41

Median Age

21%

College-Educated

87%

High-School Grad

135.8 sq mi

ZIP Area

240

Density / Sq Mi

$75,665

Median Household Income

$42,676

Median Earnings

$961

Median Rent

$242,200

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Two suites provide separate entrances and restrooms for distinct occupants.

Where is this office units located?

The property is located at 1535 Filbert Hwy York, SC.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Approximately 1,960 heated square feet in two separate office suites; Each suite includes an individual entrance and restroom; 1.43‑acre property along Filbert Highway