Flex Space with Highway
For Sale
Contact for pricing
6347 Savannah Hwy, Ravenel, SC 29470
General Business (GB) zoned flex building with pylon signage and convenient surface parking near public transportation.
Property Size8,320 SF
Lot Size1.00 Acre
Price / SF$174.28
Days on Market144
Property Features for 6347 Savannah Hwy
General Information
Standard status
Active
Size
8,320 SF
Total Parking Spaces
40
Lot size
1.00 Acre
Property subtype
FLEX_R_AND_D
Zoning
General Business (GB)
Building Details
Year Built
2011
Listing Agency:
Colliers | Charleston
(843) 813-1187
Listed By:
Markus Kastenholz, CCIM · License #41215
(843) 813-1187
Source:
Moodyscre
Added: Mar 10
Changed: Jul 30
Last Checked: Jul 30 at 9:41PM
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 Colliers | Charleston
Investment Insights
Based on property information with market context.
Located at 6347 Savannah Highway in Ravenel, SC, this flex property offers strong visibility and convenient access in the West Charleston County submarket. The building was constructed in 2011 and is 8,424 SF on a 1-acre lot with 134 feet of frontage along Savannah Highway.
Zoned General Business (GB) within the town of Ravenel, the property supports a broad range of commercial, service, retail, and light industrial uses. The site is improved with prominent pylon signage and 40 surface parking spaces, and it also provides convenient access to public transportation. Savannah Highway carries approximately 26,000 vehicles per day, supporting day-to-day visibility for a wide range of flex users.
Zoned General Business (GB) within the town of Ravenel, the property supports a broad range of commercial, service, retail, and light industrial uses. The site is improved with prominent pylon signage and 40 surface parking spaces, and it also provides convenient access to public transportation. Savannah Highway carries approximately 26,000 vehicles per day, supporting day-to-day visibility for a wide range of flex users.
Key Highlights
- 8,424 SF flex building built in 2011
- 1‑acre lot with 134 feet of frontage on Savannah Highway
- Approximately 26,000 vehicles per day on Savannah Highway
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 | $99.8k | $12.00 |
| − Vacancy | −$15.3k | −$1.84 |
| EGI | $84.6k | $10.16 |
| − OpEx | −$29.6k | −$3.56 |
| NOI | $55.0k | $6.61 |
8,320 SF · lease $12.00/SF/yr · vacancy 15.30% · expense 35.00%
Alternative Uses
Best Use
Industrial
$2.05M
$1.79M – $2.39M
NOI $143,201 @ 7.0% cap · market cap 9.88%
Second Best
Flex RnD
$785.2K
$687.1K – $916.1K
NOI $54,967 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,412 @ 7.0% cap · market cap 14.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Well-served
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - General Business (GB) zoned flex building with pylon signage and convenient surface parking near public transportation.
Where is this flex space located?
The property is located at 6347 Savannah Hwy Ravenel, 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: 8,424 SF flex building built in 2011; 1‑acre lot with 134 feet of frontage on Savannah Highway; Approximately 26,000 vehicles per day on Savannah Highway
