Office-Warehouse Flex
For Sale
Contact for pricing
1829 Habersham Square, Florence, SC 29501
Office space with three private offices and a reception area complements a warehouse with two drive-in doors.
Property Size5,000 SF
Lot Size0.81 Acres
Price / SF$115
Days on Market124
Property Features for 1829 Habersham Square
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.81 Acres
Property subtype
Office, Industrial
Zoning
Florence County B-3
Additional Details
Highway Access
Yes
Drive-In Doors
2
Building Details
Year Built
1997
Buildings
1
Tenancy
Single
Listing Agency:
Palmetto Commercial
Listed By:
David Tedder · License #SC 47763
(843) 667-4999
Source:
Crexi
Added: Jun 18
Changed: Oct 3
Last Checked: Oct 19 at 3:23AM
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 Palmetto Commercial
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Investment Insights
Based on property information with market context.
This office-warehouse flex property totals about 5,000 square feet and is designed for businesses that need both professional space and warehouse capacity. The office area includes three private offices, a reception/lobby, breakroom, two restrooms, and additional storage. The warehouse component is open and supports efficient operations with two drive-in doors.
The property sits on an approximately 0.81-acre lot in an established industrial area, located just off North Cashua Drive in Florence, South Carolina. It offers convenient access to I-95 and US Highway 52.
Overall, the layout provides a clear separation between office functions and warehouse operations, making it suitable for tenant and buyer needs that require both in one facility.
The property sits on an approximately 0.81-acre lot in an established industrial area, located just off North Cashua Drive in Florence, South Carolina. It offers convenient access to I-95 and US Highway 52.
Overall, the layout provides a clear separation between office functions and warehouse operations, making it suitable for tenant and buyer needs that require both in one facility.
Key Highlights
- Office/warehouse building built in 1997 with about 5,000 SF of functional space
- Office includes three private offices, a reception/lobby, breakroom, two restrooms, and storage space
- Warehouse offers two drive‑in doors for efficient loading and operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,454
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,080
$789.1K
Cap Rate 7%
$563,629
$563.6K
Cap Rate 9%
$438,378
$438.4K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$63.0K $12.60/SF
− Vacancy
−$10.4K −$2.08/SF
EGI
$52.6K $10.52/SF
− OpEx
−$13.2K −$2.63/SF
NOI
$39.5K $7.89/SF
Area
Florence County, SC
Vacancy
16.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,080
Cap Rate 7%
$563,629
Cap Rate 9%
$438,378
Alternative Uses
Best Use
Office B
$563.6K
$493.2K – $657.6K
NOI $39,454 @ 7.0% cap · market cap 6.86%
Second Best
Warehouse
$454.2K
$397.4K – $529.9K
NOI $31,791 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$737.1K
$645.0K – $860.0K
NOI $51,600 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29501, SC
46,528
Population
20,713
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
93%
High-School Grad
52.4 sq mi
ZIP Area
888
Density / Sq Mi
$70,618
Median Household Income
$46,246
Median Earnings
$995
Median Rent
$220,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office space with three private offices and a reception area complements a warehouse with two drive-in doors.
Where is this flex space located?
The property is located at 1829 Habersham Square Florence, SC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Office/warehouse building built in 1997 with about 5,000 SF of functional space; Office includes three private offices, a reception/lobby, breakroom, two restrooms, and storage space; Warehouse offers two drive‑in doors for efficient loading and operations
