Finished Warehouse Condo with
567 Faison Road # 6, Mount Pleasant, SC 29466
For Sale
Contact for pricing
The storage suite has HVAC, ceiling clearance for a car lift, and separately metered electrical service.
Property Size1,000 SF
Price / SF$450
Days on Market17
Property Features for 567 Faison Road # 6
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Drive-In Doors
Power
Conditioned Warehouse
Additional Details
Fenced Yard
Property Use
Amenities
secure gate
24/7 access
lawn care
Listing Agency:
Steve Merlesena
Listed By:
Steve M · License #SC
Source:
Crexi
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 6:02PM
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 Steve Merlesena
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This finished warehouse condominium provides 1,000 square feet in a 20-by-50-foot configuration. The 18-foot ceiling can accommodate a car lift, and a 14-by-16-foot automatic overhead door serves the main floor. HVAC is supplied by two mini-split systems, with 100-amp electrical service on an individual meter. Interior features include a lounge loft reached by steel stairs, a toilet, utility sink, epoxy-flake flooring, and a cabinet and workbench installation.
The property is in a gated garage-condominium community in Mount Pleasant, with round-the-clock owner access. The association maintains the lawn. The unit is designated for storage and has no living quarters. US-17, Costco, and Towne Centre are described as minutes away.
The property is in a gated garage-condominium community in Mount Pleasant, with round-the-clock owner access. The association maintains the lawn. The unit is designated for storage and has no living quarters. US-17, Costco, and Towne Centre are described as minutes away.
Key Highlights
- 1,000‑square‑foot suite measuring 20' x 50'
- 18' ceilings and a 14' x 16' automatic overhead door
- 100‑amp service on an individual meter; two mini‑split HVAC units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,130
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,600
$402.6K
Cap Rate 7%
$287,571
$287.6K
Cap Rate 9%
$223,667
$223.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$28.0K $27.96/SF
− Vacancy
−$4.3K −$4.28/SF
EGI
$23.7K $23.68/SF
− OpEx
−$3.6K −$3.55/SF
NOI
$20.1K $20.13/SF
Area
Charleston County, SC
Vacancy
15.30%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,600
Cap Rate 7%
$287,571
Cap Rate 9%
$223,667
Alternative Uses
Best Use
Warehouse
$287.6K
$251.6K – $335.5K
NOI $20,130 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.0K
$317.6K – $423.5K
NOI $25,410 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29466, SC
42,316
Population
18,125
Households
2.3
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,449
Density / Sq Mi
$130,546
Median Household Income
$62,466
Median Earnings
$2,175
Median Rent
$659,300
Median Home Value
Market
Properties on Market for Warehouses in Charleston County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - The storage suite has HVAC, ceiling clearance for a car lift, and separately metered electrical service.
Where is this warehouse located?
The property is located at 567 Faison Road # 6 Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,000‑square‑foot suite measuring 20' x 50'; 18' ceilings and a 14' x 16' automatic overhead door; 100‑amp service on an individual meter; two mini‑split HVAC units
