Industrial Warehouse and Flex
3835 Socastee Blvd Myrtle Beach, SC 29588
For Sale
Contact for pricing
Industrial warehouse and flex space totaling 15,000 sq. ft. available for sale.
Property Size15,000 SF
Price / SF$96.67
Days on Market115
Property Features for 3835 Socastee Blvd
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Industrial, Mixed Use, Office
Listing Agency:
HB Springs Co. Commercial Real Estate
Listed By:
Van Davenport · License #SC
Source:
Crexi
Added: Mar 31
Changed: Jul 23
Last Checked: Jul 23 at 9:42AM
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 HB Springs Co. Commercial Real Estate
Investment Insights
Based on property information with market context.
This property is an industrial warehouse and flex space with a total size of 15,000 sq. ft. It is being offered for sale.
The asset is located at 3835 Socastee Blvd in Myrtle Beach, SC, and presents an industrial configuration intended to support both warehousing and flexible space needs.
Offered as a single property, it is listed as an industrial warehouse within the overall flex and industrial property type mix.
The asset is located at 3835 Socastee Blvd in Myrtle Beach, SC, and presents an industrial configuration intended to support both warehousing and flexible space needs.
Offered as a single property, it is listed as an industrial warehouse within the overall flex and industrial property type mix.
Key Highlights
- Industrial warehouse and flex space totaling 15,000 sq. ft.
- 15,000 sq. ft. industrial space available for sale
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.2k | $10.68 |
| − Vacancy | −$9.1k | −$0.61 |
| EGI | $151.1k | $10.07 |
| − OpEx | −$52.9k | −$3.52 |
| NOI | $98.2k | $6.55 |
15,000 SF · lease $10.68/SF/yr · vacancy 5.70% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$3.34M
$2.92M – $3.90M
NOI $233,732 @ 7.0% cap · market cap 16.12%
Second Best
Industrial
$2.75M
$2.41M – $3.21M
NOI $192,485 @ 7.0% cap · market cap 13.27%
Theoretical Best
Office A
$3.80M
$3.33M – $4.44M
NOI $266,112 @ 7.0% cap · market cap 18.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
RS Parker Homes
Construction Company
Gator Strong Services
General Contractor
R S Parker ...
Construction Company
Coastal Shore Realty ...
Construction Company
FAQs
What type of property is this?
Flex space - Industrial warehouse and flex space totaling 15,000 sq. ft. available for sale.
Where is this flex space located?
The property is located at 3835 Socastee Blvd Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Industrial warehouse and flex space totaling 15,000 sq. ft.; 15,000 sq. ft. industrial space available for sale
