Standalone Manufacturing
For Sale
$3,450,000
7261 Investment Dr, North Charleston, SC 29418
M1-zoned facility combines adjoining office space with an air-conditioned warehouse and loading dock.
Property Size16,569 SF
Days on Market89
Property Features for 7261 Investment Dr
General Information
Standard status
Active
Size
16,569 SF
Property subtype
Industrial
Building Details
Building Size
16,569 SF
Listing Agency:
NAI | Charleston
(843) 637-1974
Listed By:
Scott P. Peevy, CCIM · License #81438
Source:
Naicharleston
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 29 at 2:13PM
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 NAI | Charleston
Investment Insights
Based on property information with market context.
This standalone manufacturing facility contains approximately 16,569 SF arranged around an adjoining small-business office and a mid-sized warehouse. The warehouse includes air conditioning, ample clearance, and a loading dock, creating a practical configuration for manufacturing and related industrial operations.
The property occupies approximately 2.04 acres, including nearly one acre of cleared but unimproved land. That additional area can accommodate expansion, laydown, or future development. M1 zoning within the City of North Charleston allows a range of light industrial uses. Access is provided from Investment Drive near Ashley Phosphate Road, within the greater Charleston MSA.
The property occupies approximately 2.04 acres, including nearly one acre of cleared but unimproved land. That additional area can accommodate expansion, laydown, or future development. M1 zoning within the City of North Charleston allows a range of light industrial uses. Access is provided from Investment Drive near Ashley Phosphate Road, within the greater Charleston MSA.
Key Highlights
- Approximately 16,569 SF manufacturing and warehouse facility
- Approximately 2.04‑acre site with nearly one acre of cleared, unimproved land
- M1 zoning in the City of North Charleston
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$170,594
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,411,880
$3.4M
Cap Rate 7%
$2,437,057
$2.4M
Cap Rate 9%
$1,895,489
$1.9M
Market Conditions
NOI Build-Up for 16,569 SF
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.
Gross rent
$298.2K $18.00/SF
− Vacancy
−$35.8K −$2.16/SF
EGI
$262.5K $15.84/SF
− OpEx
−$91.9K −$5.54/SF
NOI
$170.6K $10.30/SF
Area
North Charleston, SC
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,411,880
Cap Rate 7%
$2,437,057
Cap Rate 9%
$1,895,489
Alternative Uses
Best Use
Flex RnD
$2.44M
$2.13M – $2.84M
NOI $170,594 @ 7.0% cap · market cap 4.94%
Second Best
Industrial
$1.12M
$980.9K – $1.31M
NOI $78,475 @ 7.0% cap · market cap 2.27%
Theoretical Best
Office A
$4.50M
$3.94M – $5.25M
NOI $314,944 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
Demographics for 29418, SC
24,154
Population
12,334
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,830
Density / Sq Mi
$62,421
Median Household Income
$41,287
Median Earnings
$1,277
Median Rent
$234,500
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?
Manufacturing property - M1-zoned facility combines adjoining office space with an air-conditioned warehouse and loading dock.
Where is this manufacturing property located?
The property is located at 7261 Investment Dr North Charleston, SC.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Approximately 16,569 SF manufacturing and warehouse facility; Approximately 2.04‑acre site with nearly one acre of cleared, unimproved land; M1 zoning in the City of North Charleston
