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    463 Innovation Dr Fairfax, SC 29827

    For Sale
    $3,750,000

    50,000 SF Warehouse - Vacant, Class A

    Property size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A industrial property, located at 463 Innovation Drive in Fairfax, South Carolina, presents a unique investment opportunity. The 50,000-square-foot building, constructed in 2023, is situated within the 110-acre Pointe Salkehatchie Industrial Park in Allendale County. Currently vacant and ready for immediate occupancy, this single-story structure boasts a 31'6" ceiling height, one loading dock, and one dock-high door. The property is offered at $3,750,000, representing a price per square foot of $75. The NNN lease type provides flexibility for potential tenants. Its strategic location offers excellent access to infrastructure and proximity to both the Charleston and Savannah ports, making it ideal for distribution and manufacturing businesses. The property's location within a state-certified industrial park also provides access to attractive economic incentives. Expansion potential exists, with the possibility to increase the footprint up to 150,000 square feet. This is a rare opportunity to acquire a modern, high-quality industrial facility in a rapidly developing area. The property's size, features, and location make it an attractive option for businesses seeking efficient and strategically located space. Don't miss this chance to secure a prime industrial asset in South Carolina. The zip code is 29827.

    Property Features for 463 Innovation Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    50,000 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    1
    Stories
    1

    HighLights

    • $3,750,000 asking price for this Class A industrial property.
    • 50,000 square feet of vacant space in a single‑story building.
    • Located at 463 Innovation Drive, Fairfax, SC 29827, within the Pointe Salkehatchie Industrial Park.
    • $75 per square foot asking price.
    • Features 31'6" ceiling height, one loading dock, and one dock‑high door.
    • Built in 2023 with NNN lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Fairfax
    County
    Allendale
    State
    South Carolina
    Longitude
    -81.2635142
    Latitude
    32.9744365

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    FAQs

    What type of property is this?
    Distribution property - 50,000 SF Warehouse - Vacant, Class A
    Where is this distribution property located?
    The property is located at 463 Innovation Dr Fairfax, SC.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: $3,750,000 asking price for this Class A industrial property.; 50,000 square feet of vacant space in a single-story building.; Located at 463 Innovation Drive, Fairfax, SC 29827, within the Pointe Salkehatchie Industrial Park.
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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
    463 Innovation Dr Fairfax, SC 29827
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