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Modern Flex Space with Warehouse
For Sale
$349,500

246 Standard Warehouse, Lugoff, SC 29078

COMMERCIAL/INDUSTRIAL, Lugoff, SC

Property Size1,968 SF
Lot Size0.34 Acres
Price / SF$177.59
Days on Market48

Property Features for 246 Standard Warehouse

General Information

Property type Commercial Sale
Property subtype Other
Zoning GD
Parking 4
Directions From US in Lugoff, take US 601 toward I-20, Veer onto Standard Warehouse Road and subject is second commercial building on the right side across from large Standard Warehouse. From I-20, take exit 92 toward Lugoff. Just past the overhead bridge, take a left onto Standard Warehouse Road to subject.
Subdivision Kershaw County West - Lugoff, Elgin
Standard status Active
Size 1,968 SF
Lot size 0.34 Acres

Utilities

Cooling system Central Air

Amenities

private offices
service counter
overhead door
second level storage
exterior storage sheds
privacy fence with automatic gate
insulation

Building Details

Floors in Building 1
Roof type Metal, Shingle
Listing Agency: McLeod & Associates
Listed By: James McLeod
Added: Sep 2 Changed: Oct 19 Last Checked: Oct 19 at 10:06PM
MLS# 642408

Copyright © 2026 Consolidated MLS, SC. 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.

This 1,968-square-foot flex property combines a front showroom with a service counter, two private offices, and a warehouse area. The building is less than two years old and includes LVP flooring, painted drywall, central air, and high-clearance ground-level storage. A single overhead door supports warehouse access, while an interior stairway connects to additional second-level storage.

The 0.34-acre site at 246 Standard Warehouse in Lugoff, South Carolina, includes several open storage sheds, a privacy fence, and an automatic gate for deliveries and material movement. The property is zoned GD and has a metal and shingle roof. Its office and warehouse configuration supports a range of commercial and industrial operations requiring both customer-facing space and material storage.

Key Highlights

  • 1,968‑square‑foot flex building on a 0.34‑acre site
  • Less than two years old with little to no deferred maintenance
  • Front showroom with service counter and two private offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,177
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,540 $583.5K
Cap Rate 7%
$416,814 $416.8K
Cap Rate 9%
$324,189 $324.2K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$36.1K $18.36/SF
− Vacancy
−$1.8K −$0.92/SF
EGI
$34.3K $17.44/SF
− OpEx
−$5.1K −$2.62/SF
NOI
$29.2K $14.83/SF
Area
Kershaw County, SC
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,540
Cap Rate 7%
$416,814
Cap Rate 9%
$324,189

Alternative Uses

Best Use
Warehouse
$416.8K
$364.7K – $486.3K (±1% cap)
NOI $29,177 @ 7.0% cap · market cap 8.35%
Second Best
Flex RnD
$348.6K
$305.0K – $406.7K (±1% cap)
NOI $24,399 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$484.6K
$424.0K – $565.4K (±1% cap)
NOI $33,922 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Exterior Gutters and Home ... Construction Company

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Dental Office Law Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby
Balanced
Demand for This Use

Demographics for 29078, SC

16,430
Population
6,796
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
91%
High-School Grad
125.7 sq mi
ZIP Area
131
Density / Sq Mi
$66,657
Median Household Income
$39,296
Median Earnings
$893
Median Rent
$183,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Recently constructed flex property combining showroom, private offices, warehouse storage, and fenced exterior storage areas.
Where is this flex space located?
The property is located at 246 Standard Warehouse Lugoff, SC.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 1,968‑square‑foot flex building on a 0.34‑acre site; Less than two years old with little to no deferred maintenance; Front showroom with service counter and two private offices
More about this property
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