Renovated Self Storage
For Sale
Contact for pricing
4509 Savannah Hwy, Ravenel, SC 29470
Self storage facility featuring 21 units, ample parking, and renovations completed in 2024.
Property Size39,683 SF
Price / SF$226.80
Days on Market385
Property Features for 4509 Savannah Hwy
General Information
Standard status
Active
Size
39,683 SF
Property subtype
INDUSTRIAL
Additional Details
Multifamily Units
21
Building Details
Year Renovated
2024
Listing Agency:
Clement, Crawford & Thornhill
(843) 478-5055
Listed By:
Bradley Baker · License #90868
(843) 478-5055
Source:
Moodyscre
Added: Jul 11, 2025
Changed: Jul 26
Last Checked: Jul 29 at 2:39PM
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 Clement, Crawford & Thornhill
Investment Insights
Based on property information with market context.
This for-sale self storage facility includes 21 units and an on-site setup designed for tenant access, along with ample parking for customers and visitors. The property was renovated in 2024, providing a refreshed condition for the existing storage configuration.
The facility is located at 4509 Savannah Hwy in Ravenel, SC. With a total building size of 39,683 square feet, it offers a multi-unit layout suited to storage demand within a dedicated commercial site.
If you’re evaluating space allocation for self storage operations, this property’s combination of renovated interior condition, 21-unit count, and available parking are key considerations when planning an acquisition or management strategy.
The facility is located at 4509 Savannah Hwy in Ravenel, SC. With a total building size of 39,683 square feet, it offers a multi-unit layout suited to storage demand within a dedicated commercial site.
If you’re evaluating space allocation for self storage operations, this property’s combination of renovated interior condition, 21-unit count, and available parking are key considerations when planning an acquisition or management strategy.
Key Highlights
- Self‑storage facility with 21 units
- Ample parking on site
- Renovations completed in 2024
Financial Insights For Warehouse
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 | $1.11M | $27.96 |
| − Vacancy | −$169.8k | −$4.28 |
| EGI | $939.8k | $23.68 |
| − OpEx | −$141.0k | −$3.55 |
| NOI | $798.8k | $20.13 |
39,683 SF · lease $27.96/SF/yr · vacancy 15.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$11.41M
$9.99M – $13.31M
NOI $798,811 @ 7.0% cap · market cap 8.88%
Second Best
Self Storage
$5.65M
$4.95M – $6.60M
NOI $395,838 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$14.40M
$12.60M – $16.81M
NOI $1,008,347 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 29470, SC
4,598
Population
2,370
Households
1.9
Avg Household Size
47
Median Age
39%
College-Educated
95%
High-School Grad
72.5 sq mi
ZIP Area
63
Density / Sq Mi
$69,762
Median Household Income
$41,425
Median Earnings
$971
Median Rent
$243,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Self storage facility featuring 21 units, ample parking, and renovations completed in 2024.
Where is this self storage facility located?
The property is located at 4509 Savannah Hwy Ravenel, SC.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: Self‑storage facility with 21 units; Ample parking on site; Renovations completed in 2024
