302 Parker Dr, Beaufort, SC 29906
83,960 SF manufacturing facility on 35.7 acres in Beaufort, SC.
- Added:
- Jun 17, 2024
- Days on Market:
- 723
- Last Refresh:
- May 13 at 8:25 pm
Property Features for 302 Parker Dr
General Information
- Standard status
- Active
- Size
- 83,960 SF
- Lot size
- 35.70 Acres
- Property subtype
- Industrial, Special Purpose
Building Details
- Year Built
- 1976
Listing agent Don Lewis License #SC 138388
Listing office Avison Young - Charleston (843) 637-5013
Listing date Jun 17, 2024
Source Crexi
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HighLights
- Large ±83,960 sq ft manufacturing facility on ±35.7 acres with significant laydown yard area.
- Strategic location: Approximately 22 miles from I‑95 and US‑17, convenient to Savannah, GA and Charleston, SC.
- Heavy power and natural gas infrastructure suitable for manufacturing operations.
- Equipped with wet system fire suppression and new LED lighting throughout.
- Includes production areas, lab/quality assurance areas, loading/storage areas, and new Class‑A office space.
- Recent renovation in 2021.
Overview
Local Financial Insights For Industrial
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 | $755.6k | $9.00 |
| − Vacancy | −$37.8k | −$0.45 |
| EGI | $717.9k | $8.55 |
| − OpEx | −$215.4k | −$2.56 |
| NOI | $502.5k | $5.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Beaufort
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.7606841
- Latitude
- 32.4667314