Flex Unit with Loft
For Sale
Contact for pricing
207 Commerce Dr. Unit 107, Pawleys Island, SC 29585
Reception space and two private offices accompany climate-controlled warehouse area.
Property Size1,200 SF
Price / SF$1.67
Days on Market30
Property Features for 207 Commerce Dr. Unit 107
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Industrial
Additional Details
Conditioned Warehouse
Yes
Property Use
Office/Warehouse
Listing Agency:
Epique Realty
Listed By:
Rick Stroud · License #88416
(864) 479-1189
Source:
Greathomessc
Added: Oct 1
Changed: Oct 28
Last Checked: Oct 28 at 3:51PM
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 Epique Realty
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Investment Insights
Based on property information with market context.
Unit 107 at Commerce Trade Center combines office space with a warehouse area. The office portion includes a reception area, two private offices, and a restroom. The open warehouse section is climate controlled, with additional storage in a loft.
A 10-foot-by-10-foot roll-up door provides access to the warehouse space. The unit is located at 207 Commerce Dr. in Pawleys Island, South Carolina.
A 10-foot-by-10-foot roll-up door provides access to the warehouse space. The unit is located at 207 Commerce Dr. in Pawleys Island, South Carolina.
Key Highlights
- 1,200 square feet of office and warehouse space
- Climate‑controlled open warehouse area
- Reception area, 2 private offices, and restroom
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 573.90%
Second Best
Warehouse
$125.7K
$110.0K – $146.7K
NOI $8,799 @ 7.0% cap · market cap 439.95%
Theoretical Best
Office A
$329.1K
$288.0K – $384.0K
NOI $23,040 @ 7.0% cap · market cap 1,152.00%
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 and two private offices accompany climate-controlled warehouse area.
Where is this flex space located?
The property is located at 207 Commerce Dr. Unit 107 Pawleys Island, SC.
What are key features of this property?
This property features: 1,200 square feet of office and warehouse space; Climate‑controlled open warehouse area; Reception area, 2 private offices, and restroom
