Office-Warehouse with Executive
For Sale
Contact for pricing
328 Tiller Dr., Pawleys Island, SC 29585
Resort Services zoning supports a mix of office and warehouse functions, with direct access to Highway 17 via Tiller Drive.
Property Size14,236 SF
Price / SF$0.00
Days on Market71
Property Features for 328 Tiller Dr.
General Information
Standard status
Active
Size
14,236 SF
Total Parking Spaces
6
Property subtype
Industrial
Zoning
Resort Services
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Voltage
460 V
Three-Phase Power
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office-Warehouse
Amenities
kitchenette/break areas
conference room
Building Details
Buildings
1
Stories
2
Building Size
14,236 SF
Listing Agency:
The Dieter Company
Listed By:
Jay Nelson
(843) 817-8508
Source:
Thenelsonteamsc
Added: Aug 24
Changed: Nov 2
Last Checked: Nov 2 at 2:32AM
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.
The 14,236-square-foot office-warehouse at 328 Tiller Dr. combines an expansive warehouse floor with five offices, three restrooms, two kitchenette and break areas, a conference room, and a second-floor executive office. Warehouse specifications include a 17.5-foot center height, 14-foot eave height, two 12-by-12-foot roll-up doors, and 460V, three-phase power. Six striped spaces sit at the front, with an additional rear pad for parking or vehicle storage.
The property is in Pawleys Island within the Resort Services zoning district. Tiller Drive provides direct access to Highway 17, connecting the site with Georgetown to the south and Murrells Inlet to the north.
The property is in Pawleys Island within the Resort Services zoning district. Tiller Drive provides direct access to Highway 17, connecting the site with Georgetown to the south and Murrells Inlet to the north.
Key Highlights
- 14,236 square feet with an expansive warehouse floor and five offices
- 17.5‑foot center height and 14‑foot eave height
- Two 12'x12' roll‑up doors and 460v/3 phase power capacity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,389
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,087,780
$2.1M
Cap Rate 7%
$1,491,271
$1.5M
Cap Rate 9%
$1,159,878
$1.2M
Market Conditions
NOI Build-Up for 14,236 SF
Gross rent
$135.0K $9.48/SF
− Vacancy
−$12.1K −$0.85/SF
EGI
$122.8K $8.63/SF
− OpEx
−$18.4K −$1.29/SF
NOI
$104.4K $7.33/SF
Area
Georgetown County, SC
Vacancy
9.00%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,087,780
Cap Rate 7%
$1,491,271
Cap Rate 9%
$1,159,878
Alternative Uses
Best Use
Office B
$2.86M
$2.50M – $3.33M
NOI $199,873 @ 7.0% cap · market cap 1,817,027.27%
Second Best
Warehouse
$1.49M
$1.30M – $1.74M
NOI $104,389 @ 7.0% cap · market cap 948,990.91%
Theoretical Best
Office A
$3.90M
$3.42M – $4.56M
NOI $273,331 @ 7.0% cap · market cap 2,484,827.27%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
14 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Well-served
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 Office in South region
Similar Off Market Nearby
- Storage Sense - Pawleys Island — 320 Waverly Rd, Pawleys Island, SC 29585
- Midgard Self Storage — 11167 Ocean Hwy, Pawleys Island, SC 29585
- Mega Storage — 11871 Ocean Hwy, Pawleys Island, SC 29585
Frequently Asked Questions
What type of property is this?
Warehouse - Resort Services zoning supports a mix of office and warehouse functions, with direct access to Highway 17 via Tiller Drive.
Where is this warehouse located?
The property is located at 328 Tiller Dr. Pawleys Island, SC.
What are key features of this property?
This property features: 14,236 square feet with an expansive warehouse floor and five offices; 17.5‑foot center height and 14‑foot eave height; Two 12'x12' roll‑up doors and 460v/3 phase power capacity
