Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    995 Old York Rd Chester, SC 29706

    • Industrial properties
    • 225,000 SF
    • 59.00 lot acres
    For Lease
    View listing
    $3 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ring Container Warehouse / Warehouse & Storage
    • Sunfibers / Warehouse & Storage

    Property Details for 995 Old York Rd

    Year built
    1970
    Lot size
    59.00 lot acres
    Property size
    225,000 SF
    Property type
    Industrial properties
    Property subtype
    Manufacturing properties

    Description

    This ±225,000-square-foot manufacturing facility in Chester, South Carolina, presents a significant leasing opportunity. The property, built in 1970 and renovated in 2015, offers approximately 137,770 square feet of vacant space, including roughly 129,870 square feet of warehouse space and 7,900 square feet of office space. The building features a Class B rating, high ceilings ranging from 17 to 19 feet, six loading docks, five drive-ins, and ample parking for 200 vehicles. The property boasts substantial power capacity with 4,000 amps and 5,000 KVA. Situated on 59 acres of land, this facility benefits from its strategic location in Chester County, offering convenient access to major interstates, including I-77 (9.82 miles), I-26 (46 miles), I-20 (57 miles), and I-95 (102 miles). Proximity to Charlotte Douglas International Airport (46 miles), Greenville-Spartanburg International Airport (72 miles), Inland Port Greer (70 miles), and the Port of Charleston (178 miles) further enhances its logistical advantages. The area offers a strong labor pool, with manufacturing comprising approximately 30% of the workforce, and a low cost of living. This property is ideal for businesses seeking a well-equipped, strategically located manufacturing space in a thriving South Carolina community. The property's zip code is 29706.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Chester
    State
    South Carolina
    Longitude
    -81.199
    Latitude
    34.7461

    Comparable in this City

    • Value Estimation by Request
      325,076 SF

      1589 Cedar Hurst Rd

      Distribution properties • 325,076 SF
      1589 Cedar Hurst Rd, Chester, SC 29706
      View Details
    • Value Estimation by Request
      27.22 Acres

      995 Old York Rd

      Land • 27.22 Acres
      995 Old York Rd, Chester, SC 29706
      View Details
    • Value Estimation by Request
      17.44 Acres

      000 Lancaster Hwy

      Commercial real estate • 17.44 Acres
      000 Lancaster Hwy, Chester, SC 29706
      View Details
    • Value Estimation by Request
      1.17 Acres

      Village Dr

      Land • 1.17 Acres
      0 Village Dr, Chester, SC 29706
      View Details
    • Value Estimation by Request
      1.61 Acres

      Chester, SC 29706

      COMMERCIAL (GENERAL) • 1.61 Acres
      Chester, SC 29706
      View Details
    • Value Estimation by Request
      0.96 Acres

      Chester, SC 29706

      COMMERCIAL (GENERAL) • 0.96 Acres
      Chester, SC 29706
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.23 Acres

      Corner Lot in Chester, SC

      Spacious corner lot ready for new construction with utilities.
      767 Pinckney Rd, Chester, SC 29706
      View Details
    • $62,000
      2.70 Acres

      Waterfront Lot Near Downtown Chester

      Residential land with waterfront views, convenient location, and nature trail.
      Goings Rd, Chester, SC 29706
      View Details
    • $700,000

      Commercial Land I-77 Exit 65

      10 acres of commercial land with I-77 access.
      000 Lancaster Hwy, Chester, SC 29706
      View Details
    • $299,900
      0.08 Acres

      Historic Chester Retail Investment

      Downtown Chester, 3600 sq ft, High Potential
      107 Gadsden St, Chester, SC 29706
      View Details
    • Contact for pricing
      0.27 Acres

      Buildable Lot in Growing Area

      Level lot with utilities, ideal for development in Chester.
      212 Ligon St, Chester, SC 29706
      View Details
    • $350,000
      1.88 Acres

      Chester Commercial Property - Huge Potential

      Two buildings, 1.88 acres, motivated seller.
      199 Gadsden St, Chester, SC 29706
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      420,597 SF

      Industrial Building with Dual Rail

      420,597 SF manufacturing building with excellent parking and rail.
      590 Ecology Ln, Chester, SC 29706
      View Details
    • $3 SF/Yr
      225,000 SF

      Chester County Industrial Facility

      ±225,000 SF Manufacturing Space Available
      995 Old York Rd, Chester, SC 29706
      View Details
    • Contact for pricing

      Industrial Manufacturing Space For Rent

      Industrial manufacturing property available for lease in Chester, South Carolina.
      590 Ecology Ln, Chester, SC 29706
      View Details
    • Contact for pricing
      1,185,703 SF

      Chester County Industrial Land

      ±27 acres build-to-suit industrial site.
      995 Old York Rd, Chester, SC 29706
      View Details
    • Contact for pricing

      Chester Industrial Property For Lease

      Industrial property available for lease in Chester, South Carolina.
      Cedar Hurst Rd, Chester, SC 29706
      View Details
    • Contact for pricing
      698,500 SF

      Expansive Industrial Space in Chester

      Large industrial property with rail access and ample parking.
      Cedar Hurst Rd, Chester, SC 29706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    995 Old York Rd
    Chester, SC 29706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.