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Beaufort Industrial Opportunity For Sale

40 Shanklin Road Beaufort, SC 29906

40 Shanklin Road, Beaufort, SC, 29906
$3,675,000
Pending
For Sale
Claim this Listing
$3,675,000
Pending

COMMERCIAL - Beaufort, SC

Property Size19,677 SF
Lot Size11.07 Acres
AddedApr 1
Days on Market106
Last RefreshJul 15 at 4:06 pm

Property Features for 40 Shanklin Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Pending
APN
R100 025 000 050f 0000
Size
19,677 SF
Lot size
11.07 Acres

Taxes and HOA fees

Tax Description
INDEPENDENT NAIL PB61 P138 *6/97 13.29 AC ADDED TO 25/173

Building Details

Year built
1969

Listing agent Reynolds Robinson License #129060

Listing office Principal Advisors 1101 BAY ST STE 111, Beaufort, SC

Listing date Apr 1, 2026

MLS# 195544

Copyright © 2026 Lowcountry Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property, formerly Patterson Construction, presents a rare industrial opportunity. It currently generates significant annual income from warehouse and land storage space, supported by 14 short-term leases that provide immediate revenue and future flexibility. The property includes +/-19,677 SF of vacant climate-controlled/capable office space with significant value-add potential. The buildings feature 16'-18' ceiling heights, steel frame/brick construction, one loading dock, four exterior drive-in doors, and three interior drive-in doors. The site also offers over 3 acres of fenced storage yard, large paved parking, and robust utility/power infrastructure. Situated in Beaufort, SC, the property spans 11.07 acres and is zoned commercial. This functional industrial property offers major upside in a market with extremely limited industrial zoning and inventory. The property is suitable for warehouses, industrial properties, industrial land, land, office units, office properties & spaces, and other commercial real estate uses.

Key Highlights

  • Significant annual income from existing warehouse and land storage leases.
  • Over 3 acres of fenced storage yard.
  • +/- 19,677 SF of vacant climate‑controlled/capable office space with value‑add potential.

Local Financial Insights For Office B

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 $425.0k $21.60
− Vacancy −$63.8k −$3.24
EGI $361.3k $18.36
− OpEx −$90.3k −$4.59
NOI $271.0k $13.77
19,677 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.87M
$3.39M – $4.52M (±1% cap)
NOI $270,952 @ 7.0% cap · market cap 7.37%
Second Best
Warehouse
$1.89M
$1.65M – $2.20M (±1% cap)
NOI $132,064 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$5.94M
$5.19M – $6.93M (±1% cap)
NOI $415,578 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Owl Transportation Trucking Company Carolina Truck Repair ... Auto Repair Shop Beautiful Flowers & Balloons (Bike/Boat/Book/etc) Store Deep Water Construction General Contractor

Suggested Use

Building Supply Furniture & Home Goods Parking Lot & Garage Restaurant Barber Shop Law Firm Florist Daycare Center Food Market Fish Market

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

FAQs

What type of property is this?
Warehouse - Rare industrial property with income and significant value-add potential.
Where is this warehouse located?
The property is located at 40 Shanklin Road Beaufort, SC.
What is the asking price?
The asking price for this property is $3,675,000.
What are key features of this property?
This property features: Significant annual income from existing warehouse and land storage leases.; Over 3 acres of fenced storage yard.; +/- 19,677 SF of **vacant climate‑controlled/capable office space with value‑add potential.**
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