710 710 Barringer Street Florence, SC 29501
Warehouse with loading dock and high-traffic location near downtown.
Property Features for 710 710 Barringer Street
General Information
- Standard status
- Active
- Size
- 3,375 SF
- Lot size
- 0.82 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1973
Listing office Greystone Properties, Llc (843) 625-6893
Listing date Sep 19, 2022
Source Xome
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near downtown Florence, McLeod Hospital, MUSC Hospital, and Florence Regional Airport.
- Large lot (.82 acres) with substantial frontage (almost 250 feet) on Barringer Street.
- Large metal warehouse with concrete floor and loading dock.
Local 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 | $26.3k | $7.80 |
| − Vacancy | −$1.1k | −$0.32 |
| EGI | $25.2k | $7.48 |
| − OpEx | −$3.8k | −$1.12 |
| NOI | $21.5k | $6.36 |