Leased Self-Storage Property with Shop
For Sale
$1,150,000
4939 Hwy 321, Gaston, SC 29053
A multi-building operation combines storage units, automotive bays, and U-Haul occupancy.
Property Size10,775 SF
Lot Size1.48 Acres
Days on Market100
Property Features for 4939 Hwy 321
General Information
Standard status
Active
Size
10,775 SF
Lot size
1.48 Acres
Property subtype
Commercial
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
newer metal roof
public water
septic
overhead bay doors
illuminated roadside sign
Building Details
Building Size
10,775 SF
Year Built
1988
Tenancy
Multi
Listing Agency:
Southern Visions Realty I LLC
Listed By:
Angela Cash · License #133081
(803) 957-5566
Source:
Svrealty
Added: Jul 8
Changed: Oct 15
Last Checked: Oct 15 at 2:03AM
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 Southern Visions Realty I LLC
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Investment Insights
Based on property information with market context.
This self-storage property comprises multiple commercial buildings on approximately 1.48 acres. The tenant mix includes storage units, auto and shop space, and U-Haul occupancy. Overhead bay doors serve the automotive space, and the buildings have newer metal roofing. The property was built in 1988 and is fully leased.
Located along Hwy 321, the site has highway frontage and access. Public water and septic serve the property, and an illuminated roadside sign is in place.
Located along Hwy 321, the site has highway frontage and access. Public water and septic serve the property, and an illuminated roadside sign is in place.
Key Highlights
- Fully leased property with storage, auto/shop space, and U‑Haul tenants
- Approximately 1.48 acres with multiple commercial buildings
- Highway frontage and access on Hwy 321
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,085
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,700
$1.9M
Cap Rate 7%
$1,344,071
$1.3M
Cap Rate 9%
$1,045,389
$1.0M
Market Conditions
NOI Build-Up for 10,775 SF
Gross rent
$142.2K $13.20/SF
− Vacancy
−$7.8K −$0.73/SF
EGI
$134.4K $12.47/SF
− OpEx
−$40.3K −$3.74/SF
NOI
$94.1K $8.73/SF
Area
Lexington County, SC
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,881,700
Cap Rate 7%
$1,344,071
Cap Rate 9%
$1,045,389
Alternative Uses
Best Use
Retail
$1.55M
$1.36M – $1.81M
NOI $108,499 @ 7.0% cap · market cap 9.43%
Second Best
Self Storage
$1.34M
$1.18M – $1.57M
NOI $94,085 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$2.89M
$2.53M – $3.38M
NOI $202,570 @ 7.0% cap · market cap 17.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
Demographics for 29053, SC
19,239
Population
8,787
Households
2.2
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
80.4 sq mi
ZIP Area
239
Density / Sq Mi
$54,141
Median Household Income
$35,953
Median Earnings
$947
Median Rent
$116,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - A multi-building operation combines storage units, automotive bays, and U-Haul occupancy.
Where is this self storage facility located?
The property is located at 4939 Hwy 321 Gaston, SC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Fully leased property with storage, auto/shop space, and U‑Haul tenants; Approximately 1.48 acres with multiple commercial buildings; Highway frontage and access on Hwy 321
