Industrial Warehouse with Excess
East Side Hwy 9 E Hwy 9 Unit 2215 Longs, SC 29568
East Side Hwy 9 E Hwy 9 Unit 2215, Longs, SC, 29568
$1,999,000
For Sale
$1,999,000
Industrial property includes a rear warehouse and approximately one acre of undeveloped fenced land with dock-height loading.
Property Size10,000 SF
Lot Size2.00 Acres
Price / SF$199.90
Days on Market44
Property Features for East Side Hwy 9 E Hwy 9 Unit 2215
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 2.00 Acres
- Property subtype
- Commercial
Listing agency
Sea Oats Real Estate
(888) 874-2121
Listed by
Rob Lewis ()
Source
C21theharrelsongroup
Added: Jun 9 Updated: Jul 22 at 8:38AM Checked: Jul 22 at 8:38AM
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 Sea Oats Real Estate
Investment Insights
Based on property information with market context.
The property includes two sub-divided parcels, with the purchase price covering approximately one acre of undeveloped, excess land and a warehouse of about 10,000 SF on the rear parcel. The commercial building features two dock-height bay doors measuring 12' x 10' and an interior center beam height of approximately 26'. Space is available for mezzanine build-out, and the facility includes assorted metal storage racks, interior industrial fans, and a small office build-out of about 600 SF.
The site also includes a graveled, fenced-in area measuring 72' x 61' for additional fleet security that may be refurbished and utilized. Both parcels have shared access easements directly off Hwy 9. Loading dock area is approximately 100' x 10' with a 12" slab. The property is currently used for inventory and supplies storage for Seaside Furniture along the Hwy 9 corridor. SCDOT data indicates traffic in the area at approximately 50,000+ average vehicles per day, supporting strong visibility. Buyer to verify exact figures referenced above.
The site also includes a graveled, fenced-in area measuring 72' x 61' for additional fleet security that may be refurbished and utilized. Both parcels have shared access easements directly off Hwy 9. Loading dock area is approximately 100' x 10' with a 12" slab. The property is currently used for inventory and supplies storage for Seaside Furniture along the Hwy 9 corridor. SCDOT data indicates traffic in the area at approximately 50,000+ average vehicles per day, supporting strong visibility. Buyer to verify exact figures referenced above.
Key Highlights
- Includes two subdivided parcels with shared access easements off Hwy 9
- Approximately 1 AC of undeveloped excess land with road frontage of about 210 LF on Hwy 9
- Rear warehouse totals about 10,000 SF with dock‑height bay doors (12' x 10')
Local Financial Insights For Warehouse
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 | $194.4k | $19.44 |
| − Vacancy | −$11.1k | −$1.11 |
| EGI | $183.3k | $18.33 |
| − OpEx | −$27.5k | −$2.75 |
| NOI | $155.8k | $15.58 |
10,000 SF · lease $19.44/SF/yr · vacancy 5.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.23M
$1.95M – $2.60M
NOI $155,821 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.53M
$2.22M – $2.96M
NOI $177,408 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Longs Mini Storage — 89 Hwy 9 E, Longs, SC 29568
- Southern Breeze Storage Facility — 111 Hwy 9 E, Longs, SC 29568
FAQs
What type of property is this?
Warehouse - Industrial property includes a rear warehouse and approximately one acre of undeveloped fenced land with dock-height loading.
Where is this warehouse located?
The property is located at East Side Hwy 9 E Hwy 9 Unit 2215 Longs, SC.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Includes two subdivided parcels with shared access easements off Hwy 9; Approximately 1 AC of undeveloped excess land with road frontage of about 210 LF on Hwy 9; Rear warehouse totals about 10,000 SF with dock‑height bay doors (12' x 10')
