Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2016 Radford Blvd Dillon, SC 29536
    Back to Search
    Property profile & analytics

    2016 Radford Blvd, Dillon, SC 29536

    View on Map
    • Warehouses
    • 308,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 2016 Radford Blvd

    Year built
    1970
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional industrial property, Dillon Logistics Center, offers four Class B warehouses totaling 308,500 square feet, strategically located near Interstate 95 and minutes from Inland Port Dillon. Built in 1970, the single-story buildings provide unparalleled access to major transportation arteries, ensuring efficient logistics. The property features a range of space options, accommodating businesses seeking 5,000 square feet to a maximum contiguous space of 103,050 square feet. With multiple tenants currently in place, this property offers flexibility for various business needs, including short-term or long-term leases. The buildings boast impressive features including ceiling heights ranging from 15 to 22 feet, 21 dock-high doors, and 4 drive-in doors, facilitating smooth loading and unloading operations. Power is supplied by Duke Energy. While elevators are not available, the single-story design optimizes efficiency. Third-party logistics support is available, and smaller space leases will be considered with negotiable terms. Lease rates begin at $3.25 per square foot, net, net. This prime location and versatile space make Dillon Logistics Center an ideal choice for businesses seeking efficient and convenient warehouse and manufacturing operations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dillon
    County
    Dillon
    State
    South Carolina
    Longitude
    -79.3741
    Latitude
    34.4447

    Comparable in this City

    • Value Estimation by Request
      100,000 SF

      1206 Radford Blvd

      Distribution properties
      1206 Radford Blvd, Dillon, SC 29536
      View Details
    • Value Estimation by Request
      498,457 SF

      1019 Titan Rd

      Distribution properties
      1019 Titan Rd, Dillon, SC 29536
      View Details
    • Value Estimation by Request

      1422 Wix Rd

      Distribution properties
      1422 Wix Rd, Dillon, SC 29536
      View Details
    • Value Estimation by Request
      25,000 SF

      1000 1St Ave

      Distribution properties
      1000 1St Ave, Dillon, SC 29536
      View Details
    • Value Estimation by Request

      826 1St Ave

      Distribution properties
      826 1St Ave, Dillon, SC 29536
      View Details
    • Value Estimation by Request
      49,930 SF

      2420 Highway 301

      Distribution properties
      2420 Highway 301, Dillon, SC 29536
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,500 SF

      Established Dry Cleaners Business/Property

      Operating dry cleaners with drive-thru, suitable for various businesses.
      100 EAST Calhoun St, Dillon, SC 29536
      View Details
    • $495,000
      24,388 SF

      Iconic Downtown Dillon Commercial Property

      Landmark property with showroom, warehouse, and redevelopment potential.
      315 E Main St, Dillon, SC 29536
      View Details
    • Contact for pricing
      4,500 SF

      Established Dry Cleaning Facility

      Turnkey dry cleaning business with equipment included in sale.
      100 E Calhoun St, Dillon, SC 29536
      View Details
    • Contact for pricing
      1,746 SF

      Dillon Flex Space For Sale

      Flex space property in Dillon, SC, totaling 1,746 square feet.
      2318 Kentyre Rd, Dillon, SC 29536
      View Details
    • $8,791,000
      319.64 Acres

      Industrial/Commercial Land Near I-95

      319.64 acres of industrial/commercial land near I-95 and Inland Port Dillon.
      Highway 34 W, Dillon, SC 29536
      View Details
    • $30,000
      1.40 Acres

      Highway 301 Acreage in Dillon

      1.4 acres on Highway 301 between Dillon & Latta.
      3131 Highway 301 S, Dillon, SC 29536
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Industrial Facility with Laydown

      53,920 SF industrial facility with laydown area for lease.
      1317 E Main St, Dillon, SC 29536
      View Details
    • Contact for pricing

      Warehouses Near I-95 For Rent

      Four warehouses near I-95 and Inland Port Dillon.
      2016 Radford Blvd, Dillon, SC 29536
      View Details
    • Contact for pricing

      Industrial Manufacturing Facility with Expansion

      100,000 SF industrial facility on 92 acres near I-95.
      1422 Wix Rd, Dillon, SC 29536
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space in Dillon, SC

      8,500 SF retail space available October 1st.
      1213 N 1St Ave, Dillon, SC 29536
      View Details
    • $1,800 /Mo
      1,874 SF

      Remodeled Office Building For Rent

      Remodeled office building with high traffic count in Dillon, SC.
      1013 Highway 301 N, Dillon, SC 29536
      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.
    2016 Radford Blvd
    Dillon, SC 29536
    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

    Thank You for Inquiry
    2016 Radford Blvd, Dillon, SC, 29536
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!