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Property profile & analytics
OFF-MARKET Estimated value $5,025,000
Distribution centers

1156 Drop Off Dr A Summerville, SC 29486-7271

34,500 SF 6.13 ac lot Built 2021
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-0606656
Property summary
AI-generated overview

This exceptional 4,500-square-foot flex space at 1156 Drop Off Drive in Summerville offers immediate access to I-26, perfectly situated within the area's thriving industrial sector. The unit boasts a highly functional layout ideal for a variety of businesses. Key features include a generous 24-foot ceiling height, providing ample vertical storage space. A brand new office area is incorporated, featuring expansive windows that offer excellent natural light and visibility throughout the warehouse. Loading and unloading is simplified with a large roll-up door at the front of the unit. Extensive parking is available, easily accommodating semi-trucks, box trucks, delivery vehicles, employees, and visitors. The property's design includes a generous turn-around radius, ensuring efficient and safe maneuvering for all types of vehicles. This property presents a unique opportunity for businesses seeking a well-appointed and strategically located industrial space in Summerville. The combination of size, features, and location makes this an attractive option for companies needing immediate occupancy. The property is available for lease as a single unit. The convenient access to I-26 provides excellent connectivity to regional transportation networks, enhancing logistical efficiency for any tenant.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2021
Total area 34,500 SF
Lot 6.13 ac (267,023 SF)
Zoning code BERKELEY COUNTY - LI
APN 207-00-02-121
UPID US77-0606656
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Western Quartz Building Supply
  • Planet Dance Training Center
  • TRACO Drywall Construction Company
  • Capital Electric Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.43M
CAP Approach CAP
$3.06M
Comparable Approach Comparable
$5.00M
Blend (final) Blend
$5.03M
Owner & transaction history
1156 Drop Off Sc LLC · 4 yrs held
1156 Drop Off Sc LLC
since 2022
Last sale
$5.3M
4 recorded transactions
2022
$5.3M
2020
Price N/A
2019
Price N/A
2019
$414,000
Zoning & alternative use
BERKELEY COUNTY - LI · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $7.6M +79.9%
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