Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mount Pleasant Warehouse/Distribution Opportunity Title is generated by Realmo AI

    367 Wando Place Dr, Mount Pleasant, SC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.28 acre property with 7,000 SF building near Wando Terminal.

    Type:INDUSTRIAL
    Property size:
    7,000 SF
    Lot size:
    2.28 Acres
    Price / SF:
    $514/SF
    Added:
    Oct 29, 2025
    Days on Market:
    202
    Last Refresh:
    Apr 5 at 10:35 pm

    Property Features for 367 Wando Place Dr

    General Information

    Standard status
    Active
    Size
    7,000 SF
    Lot size
    2.28 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Eric Meyer
    Eric Meyer

    Listing agent Eric Meyer

    Listing office Meyer Kapp & Associates LLC

    Listing date Oct 29, 2025

    Source Moodyscre

    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 Meyer Kapp & Associates LLC

    HighLights

    • Approx. 2.28 Acres with a 7,000 SF commercial building.
    • Located near the SCSPA Wando Welch Terminal.
    • Zoning allows for hospitality, light industrial, distribution, and warehousing.
    • Owner occupant, redevelopment, and expansion possibilities.
    • Located in the Belle Hall Planning District.
    • Seller may consider lease options.

    Overview

    The property, situated on approximately 2.28 acres, features a commercial building of approximately 7,000 square feet. It is located on Wando Place Drive in the Belle Hall Planning District, near the SCSPA Wando Welch Terminal. The zoning permits various uses, including hospitality, light industrial, distribution, and warehousing. The building and land are offered in as-is condition, presenting opportunities for owner occupancy, redevelopment, and expansion. Seller may consider Lease pending terms and conditions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paw Plaza Hotel Kennel & Boarding Facility

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Atlantic Grain — 496 Bramson Ct SUITE140, Mt Pleasant, SC 29464
    • Scoular — 400 Long Point Rd, Mt Pleasant, SC 29464
    • SmartStop Self Storage — 701 Wando Park Blvd, Mt Pleasant, SC 29464

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.8733
    Latitude
    32.843

    Nearby Similar for Sale

    • $425,000
      1,381 SF

      Mount Pleasant Home with Pond

      Home in quiet neighborhood with pond, pool, and recreation.
      3225 Queensgate Way, Mount Pleasant, SC 29466
      View Details
    • $1,800,000
      3,942 SF

      Leased Flex Warehouse Investment

      Fully leased flex warehouse in Mt. Pleasant with long-term tenant.
      1235 Ben Sawyer Blvd, Mount Pleasant, SC 29464
      View Details
    • $1,650,000
      1,500 SF

      Charming Duplex in Old Village

      Furnished duplex in the heart of the Old Village.
      425 King Street, Mount Pleasant, SC 29464
      View Details
    • $1,295,000
      2,924 SF

      Redevelopment Opportunity in Mount Pleasant

      Redevelopment site with high traffic and nearby amenities.
      1514 North Highway 17, Mount Pleasant, SC, 29464
      View Details
    • $36
      10,000 SF

      New Office Building For Sale

      New 10,000 SF office building in Mount Pleasant, SC.
      1214 Chuck Dawley Blvd, Mount Pleasant, SC 29464
      View Details
    • $2,600,000
      7,486 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building with modern lease options and high visibility.
      1124 Park West Boulevard, Mount Pleasant, SC 29466
      View Details
    • $6,475,000
      17,349 SF

      Wando Park Second-Floor Office Condo

      High-quality office investment in Mount Pleasant's Wando Park business corridor.
      421 Wando Park Boulevard #2nd Floor, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      3,166 SF

      Two-Story Office Building For Sale

      Two-story office building with Class A finishes and surface parking.
      268 West Coleman Boulevard, Mount Pleasant, SC, 29464
      View Details
    • $6,700,000
      14,342 SF

      Mount Pleasant Office Building For Sale

      Office building for sale with strong tenant in Mount Pleasant.
      985 Johnnie Dodds Blvd, Mount Pleasant, SC
      View Details
    • $1,800,000
      3,942 SF

      Leased Flex Warehouse Investment Opportunity

      Fully leased flex warehouse in Mt. Pleasant with tenant in place.
      1235 Ben Sawyer Blvd, Mount Pleasant, SC 29464
      View Details
    • $1.00
      60,809 SF

      East Cooper Medical Office Building

      Medical office building near East Cooper Medical Center for sale.
      1300 Hospital Drive, Mount Pleasant, SC 29464
      View Details
    • $5,530,000
      7,130 SF

      Dual-Tenant Retail Investment Opportunity

      Net-leased investment with Starbucks and National Tire & Battery.
      1824 N Hwy 17, Mount Pleasant, SC 29464
      View Details

    FAQs

    What type of property is this?
    Warehouse - 2.28 acre property with 7,000 SF building near Wando Terminal.
    Where is this warehouse located?
    The property is located at 367 Wando Place Dr Mount Pleasant, SC.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: Approx. 2.28 Acres with a **7,000 SF commercial building**.; Located near the SCSPA Wando Welch Terminal.; Zoning allows for hospitality, light industrial, distribution, and warehousing.
    (843) 971-8603 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eric Meyer
    Eric Meyer
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    367 Wando Place Dr, Mount Pleasant, SC
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!