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    119 Waters Ferry Rd Gilbert, SC 29054

    Sponsored
    For Sale
    $800,000

    12,000 SF flex building, 12-acre lot, rail spur.

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,000-square-foot flex facility presents a unique investment opportunity in Gilbert, South Carolina. Situated on a generous 12-acre lot, the property boasts a versatile layout ideal for a variety of commercial uses. The building comprises a 2,000-square-foot office space and a 10,000-square-foot warehouse, providing ample room for both administrative functions and storage or production. A significant advantage is the presence of an on-site rail spur, offering convenient and efficient transportation options. The property also features an extensive lay-down yard, providing additional space for equipment or materials. Currently undergoing renovations, both the office and warehouse buildings are receiving updated exterior finishes. The property is zoned General Commercial (Town of Gilbert), allowing for a wide range of potential uses. Located at 119 Waters Ferry Rd, Gilbert, SC 29054, this property offers a compelling combination of space, functionality, and location. The asking price is $800,000.

    Property Features for 119 Waters Ferry Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    12,000 SF
    Lot Size
    522,720 SF

    HighLights

    • 2,000 SF office building and 10,000 SF warehouse.
    • Extensive lay‑down yard.
    • Both buildings undergoing exterior renovation.
    • On‑site rail spur.
    • Zoned General Commercial (Town of Gilbert).
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Pharmacy Gym & Fitness Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.3899665
    Latitude
    33.9250967

    Nearby Comparable

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    Nearby Similar for Sale

    • $400,000
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      Established Retail Space in Gilbert

      Turnkey retail space with commercial kitchen and ample parking.
      505 Wire Rd, Gilbert, SC 29054
      View Details
    • New
      $200,000
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      Gilbert Farm with Redevelopment Potential

      Farm property with existing structure, potential for residential conversion.
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    • $750,000
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      Automotive Property with Ample Yard

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    FAQs

    What type of property is this?
    Distribution property - 12,000 SF flex building, 12-acre lot, rail spur.
    Where is this distribution property located?
    The property is located at 119 Waters Ferry Rd Gilbert, SC.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: 2,000 SF office building and 10,000 SF warehouse.; Extensive lay-down yard.; Both buildings undergoing exterior renovation.
    Request Owner's contact information
    119 Waters Ferry Rd Gilbert, SC 29054
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    Gilbert, SC 29054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Waters Ferry Rd Gilbert, SC 29054
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