Commercial Real Estate Market in Hanahan, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
14 active listings and 127 off-market properties in Hanahan, SC. Commercial property asks $24/SF to buy and $8.31/SF/Yr to lease.
Market Trends
Hanahan, SC spans 10.5 square miles in Berkeley County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hanahan, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Hanahan, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Hanahan, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Hanahan, SC asks $538/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Planned_development 55.5%
- Industrial 21.3%
- Open space 16.4%
- Residential 2.8%
- Commercial 2.1%
- Civic 1.5%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Single Family Residential
Industrial
Planned Development
Conservation Preservation
Residential Mobile Home
Industrial (ID)
ID , Industrial District TR , Town Residential District TC , Town Center District Zoning Enforcement The Building and Codes Department regularly inspects and patrols the City to investigate suspected Zoning violations. Zoning violations usually involve the operation of a use in an area not zoned for that activity. Suspected violations may be reported to the…
Market overview
Demographics & Economy
Hanahan, SC has 20,238 residents in 8,501 households. Density runs 1,937 people per square mile. Median household income here is $84,061 and median gross rent $1,324 a month.
20,238
Population
8,501
Households
2.4
Avg Household Size
36
Median Age
38%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
1,937
Density / Sq Mi
$84,061
Median Household Income
$53,195
Median Earnings
$1,324
Median Rent
$339,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Goose Creek | — | — |
| North Charleston | — | $20.76 |
| Ladson | — | — |
| College Park | — | — |
Commercial property in Hanahan, SC asks $24/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hanahan?
Commercial property in Hanahan, SC asks an average of $24 per square foot. The 7 most recent recorded sales traded at a median of $219/SF. Multifamily carries the highest asking price at $538/SF.
How much does it cost to lease commercial space in Hanahan?
Asking lease rates in Hanahan, SC average $8.31 per square foot per year.
Where does Realmo's Hanahan market data come from?
Realmo compiles Hanahan, SC figures from 7 recent recorded sales, 6 active sale listings, 8 active lease listings, 127 tracked off-market properties, the current Hanahan zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 8 active for-lease listings in Hanahan, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,158 zoned acres across 13 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
