Warehouse Office with Drive-In
806 Elsey Dr Charleston, SC 29407
806 Elsey Dr, Charleston, SC, 29407
$625,000
For Sale
$625,000
Small warehouse-office set up for light industrial or service use, featuring drive-in and dock-high loading with on-site restroom.
Property Size2,520 SF
Lot Size0.50 Acres
Price / SF$248.02
Days on Market47
Property Features for 806 Elsey Dr
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Lot size
- 0.50 Acres
- Property subtype
- Industrial
Listing Agency
NAI Charleston
(843) 458-0607
Listed by
Sarah Shelley · License #22134
Source
Naicharleston
Added: Jun 2 Checked: Jul 17 at 4:07 am
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 warehouse-office property offers a practical mix of flexible work space and a dedicated office area. The layout includes a small office with a restroom, along with warehouse improvements designed for straightforward deliveries and day-to-day operations. Loading is supported by one 10' x 12' drive-in door and one 10' x 12' door served by a dock-high delivery ramp.
Situated on approximately a half-acre in the heart of West Ashley, the site is positioned for owner-occupants seeking a convenient base for hands-on operations. The property is identified under City of Charleston TMS 350-01-00-080, and it is zoned SR-2.
With a configuration well-suited to limited staff and equipment storage, the space should appeal to service-related and light industrial users such as HVAC, landscaping, automotive, and contractor operations. Its warehouse-office combination also presents an opportunity for an owner-operator looking to combine workplace functionality with on-site administrative space.
Situated on approximately a half-acre in the heart of West Ashley, the site is positioned for owner-occupants seeking a convenient base for hands-on operations. The property is identified under City of Charleston TMS 350-01-00-080, and it is zoned SR-2.
With a configuration well-suited to limited staff and equipment storage, the space should appeal to service-related and light industrial users such as HVAC, landscaping, automotive, and contractor operations. Its warehouse-office combination also presents an opportunity for an owner-operator looking to combine workplace functionality with on-site administrative space.
Key Highlights
- 2,520 SF warehouse/office on 0.5 AC for sale in West Ashley
- Loading includes one 10' x 12' drive‑in door and one 10' x 12' dock‑high delivery door
- Small office includes a restroom
Local Financial Insights For Office B
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 | $55.9k | $22.20 |
| − Vacancy | −$8.8k | −$3.49 |
| EGI | $47.2k | $18.71 |
| − OpEx | −$11.8k | −$4.68 |
| NOI | $35.4k | $14.04 |
2,520 SF · lease $22.20/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$505.3K
$442.1K – $589.5K
NOI $35,371 @ 7.0% cap · market cap 5.66%
Second Best
Warehouse
$472.8K
$413.7K – $551.6K
NOI $33,096 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$682.0K
$596.7K – $795.6K
NOI $47,737 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Craven's Towing Services — 9 Amy Elsey Dr, Charleston, SC 29407
- CubeSmart Self Storage — 1977 Savannah Hwy, Charleston, SC 29407
- Extra Space Storage — 1533 Ashley River Rd, Charleston, SC 29407
- Public Storage — 1833 Sam Rittenberg Blvd, Charleston, SC 29407
- American Storage — savannah hwy, charleston, sc 29407
FAQs
What type of property is this?
Warehouse - Small warehouse-office set up for light industrial or service use, featuring drive-in and dock-high loading with on-site restroom.
Where is this warehouse located?
The property is located at 806 Elsey Dr Charleston, SC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,520 SF warehouse/office on 0.5 AC for sale in West Ashley; Loading includes one 10' x 12' drive‑in door and one 10' x 12' dock‑high delivery door; Small office includes a restroom
