Warehouse With Expansive
For Sale
$750,000
2104 Satterfield Way, Beech Island, SC 29842
Commercial Sale, Beech Island, SC
Property Size7,200 SF
Lot Size3.12 Acres
Price / SF$104.17
Days on Market221
Property Features for 2104 Satterfield Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RUD
Lot features
Corner Lot, Corner Lot
Directions
Take Atomic Road to Satterfield Way. the subject is on the corner.
Subdivision
SW
Standard status
Active
APN
0261604001
Size
7,200 SF
Lot size
3.12 Acres
Taxes and HOA fees
Tax Description
E Side Hwy 125 Beech Island
Legal Description
E Side Hwy 125 Beech Island
Utilities
Utilities
Cable Available
Water source
Public
Building Details
Year built
2000
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding, Steel Beam
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Woodward & Associates
(803) 442-9099
Listed By:
Michael J Woodward · License #SC31805
(803) 215-9732
Added: Jan 11
Changed: Aug 19
Last Checked: Aug 20 at 3:06PM
MLS# 221238
Copyright © 2026 Aiken Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse property provides 7,200 square feet of commercial space on 3.12 acres. Built in 2000, the building features metal siding, steel beam construction, a metal roof, and concrete flooring. Public water service is available, along with cable access.
The property is located at 2104 Satterfield Way in Beech Island, South Carolina, within Aiken County. Its combination of warehouse space, durable construction materials, and sizable land area supports a range of commercial applications.
The property is located at 2104 Satterfield Way in Beech Island, South Carolina, within Aiken County. Its combination of warehouse space, durable construction materials, and sizable land area supports a range of commercial applications.
Key Highlights
- 7,200‑square‑foot warehouse building
- 3.12‑acre property
- Built in 2000
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,584
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$871,680
$871.7K
Cap Rate 7%
$622,629
$622.6K
Cap Rate 9%
$484,267
$484.3K
Market Conditions
NOI Build-Up for 7,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.4K $7.56/SF
− Vacancy
−$3.2K −$0.44/SF
EGI
$51.3K $7.12/SF
− OpEx
−$7.7K −$1.07/SF
NOI
$43.6K $6.05/SF
Area
Aiken County, SC
Vacancy
5.80%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$871,680
Cap Rate 7%
$622,629
Cap Rate 9%
$484,267
Alternative Uses
Best Use
Warehouse
$622.6K
$544.8K – $726.4K
NOI $43,584 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.21M – $1.62M
NOI $97,148 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29842, SC
8,066
Population
3,552
Households
2.3
Avg Household Size
41
Median Age
14%
College-Educated
82%
High-School Grad
41.4 sq mi
ZIP Area
195
Density / Sq Mi
$58,259
Median Household Income
$33,709
Median Earnings
$860
Median Rent
$112,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Metal warehouse offering a substantial commercial footprint with concrete flooring and public water service.
Where is this warehouse located?
The property is located at 2104 Satterfield Way Beech Island, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 7,200‑square‑foot warehouse building; 3.12‑acre property; Built in 2000
