Office-Warehouse Flex
For Sale
Contact for pricing
207 Commerce Dr. Unit 101, Pawleys Island, SC 29585
Reception space, a private office, and rear warehouse access support a mix of administrative and storage functions.
Property Size1,200 SF
Price / SF$1.50
Days on Market102
Property Features for 207 Commerce Dr. Unit 101
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Industrial
Additional Details
Property Use
Office/Warehouse
Listing Agency:
The Dieter Company
Listed By:
Jay Nelson
(843) 817-8508
Source:
Thenelsonteamsc
Added: Jul 24
Changed: Nov 2
Last Checked: Nov 2 at 2:35AM
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 The Dieter Company
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Investment Insights
Based on property information with market context.
Unit 101 is a 1,200-square-foot flex space combining a reception and lobby area with a private office and warehouse space at the rear. A roll-up door connects the warehouse area to the exterior.
The unit is located at 207 Commerce Dr. in Pawleys Island, within Commerce Trade Center.
The unit is located at 207 Commerce Dr. in Pawleys Island, within Commerce Trade Center.
Key Highlights
- 1,200 SF flex unit with reception, private office, and rear warehouse area
- Roll‑up door serves the warehouse space
- Located in Commerce Trade Center in Pawleys Island
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,422
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,440
$148.4K
Cap Rate 7%
$106,029
$106.0K
Cap Rate 9%
$82,467
$82.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$11.4K $9.48/SF
− Vacancy
−$774 −$0.64/SF
EGI
$10.6K $8.84/SF
− OpEx
−$3.2K −$2.65/SF
NOI
$7.4K $6.18/SF
Area
Georgetown County, SC
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,440
Cap Rate 7%
$106,029
Cap Rate 9%
$82,467
Alternative Uses
Best Use
Flex RnD
$164.0K
$143.5K – $191.3K
NOI $11,478 @ 7.0% cap · market cap 637.67%
Second Best
Warehouse
$125.7K
$110.0K – $146.7K
NOI $8,799 @ 7.0% cap · market cap 488.83%
Theoretical Best
Office A
$329.1K
$288.0K – $384.0K
NOI $23,040 @ 7.0% cap · market cap 1,280.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 29585, SC
16,574
Population
12,061
Households
1.4
Avg Household Size
60
Median Age
50%
College-Educated
96%
High-School Grad
61.8 sq mi
ZIP Area
268
Density / Sq Mi
$83,077
Median Household Income
$42,237
Median Earnings
$1,599
Median Rent
$423,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Reception space, a private office, and rear warehouse access support a mix of administrative and storage functions.
Where is this flex space located?
The property is located at 207 Commerce Dr. Unit 101 Pawleys Island, SC.
What are key features of this property?
This property features: 1,200 SF flex unit with reception, private office, and rear warehouse area; Roll‑up door serves the warehouse space; Located in Commerce Trade Center in Pawleys Island
