Insulated Flex Space with Oversized
211 Lakeshore Drive, Fair Play, SC 29643
For Sale
New
$359,900
CommercialSale, Fair Play, SC
Property Size5,000 SF
Lot Size1.09 Acres
Price / SF$71.98
Days on Market3
Property Features for 211 Lakeshore Drive
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Lot size
Building Details
Buildings
Listing Agency:
Lake Hartwell Properties
Listed By:
David Williams · License SC #31150
(864) 230-2515
Added: Nov 13
Changed: Nov 14
Last Checked: Nov 15 at 3:06AM
MLS# 20309384
Copyright © 2026 Western Upstate 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.
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Investment Insights
Based on property information with market context.
The 5,000-square-foot metal building sits on 1.09 acres of unrestricted property, with partial fencing. Its insulated interior includes two offices and propane heat, while oversized 14' x 14' doors provide access for larger equipment. On-site parking is also available.
Fair Play Creek Recreation Center is 1/10th of a mile away and has a boat ramp, swimming beach, and picnic area.
Fair Play Creek Recreation Center is 1/10th of a mile away and has a boat ramp, swimming beach, and picnic area.
Key Highlights
- 5,000‑square‑foot insulated metal building with propane heat
- Two offices within the building
- Oversized 14' x 14' doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,346
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,920
$446.9K
Cap Rate 7%
$319,229
$319.2K
Cap Rate 9%
$248,289
$248.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$26.3K $5.26/SF
− Vacancy
−$11 −$0.00/SF
EGI
$26.3K $5.26/SF
− OpEx
−$3.9K −$0.79/SF
NOI
$22.3K $4.47/SF
Area
Oconee County, SC
Vacancy
0.04%
Lease Rate
$5.26 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,920
Cap Rate 7%
$319,229
Cap Rate 9%
$248,289
Alternative Uses
Best Use
Warehouse
$319.2K
$279.3K – $372.4K
NOI $22,346 @ 7.0% cap · market cap 6.21%
Second Best
Industrial
$236.5K
$206.9K – $275.9K
NOI $16,554 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,859 @ 7.0% cap · market cap 24.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 29643, SC
2,892
Population
1,758
Households
1.6
Avg Household Size
49
Median Age
34%
College-Educated
95%
High-School Grad
28.0 sq mi
ZIP Area
103
Density / Sq Mi
$85,729
Median Household Income
$46,667
Median Earnings
$265,000
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 - Two offices and propane heating support a range of business or equipment-storage needs.
Where is this flex space located?
The property is located at 211 Lakeshore Drive Fair Play, SC.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 5,000‑square‑foot insulated metal building with propane heat; Two offices within the building; Oversized 14' x 14' doors
