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    1156 Drop Off Dr, Unit A Summerville, SC 29486-7271
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    Property profile & analytics

    1156 Drop Off Dr, Unit A, Summerville, SC 29486-7271

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    • Distribution centers
    • 34,500 SF
    • 6.13 lot acres
    Off-Market
    Last Sale Jun 22, 2022
    $5,340,000
    Property ID
    US77-0606656
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,025,000
    Show details
    Cap Rate Potential
    4%
    Distribution centers
    Location Intelligence

    Current Use by Public Records

    • Western Quartz / Building Supply
    • Planet Dance / Training Center
    • TRACO Drywall / Construction Company
    • Capital Electric / Building Supply / Electrical Service

    Property Details for 1156 Drop Off Dr

    Year built
    2021
    Lot size
    6.13 lot acres
    Zone code
    BERKELEY COUNTY - LI
    Property type
    Distribution centers
    APN
    207-00-02-121
    APU
    2070002121

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,005,000
      ML approach
      $4,430,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,305,000
      6.5%
      $3,055,000
      7%
      $2,835,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,003,000
      Market price range: $3.35M - $5.00M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,210,000
      Current use
      AUTO REPAIR, GARAGE
      $7,570,000
      Change: +80% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.1838
    Latitude
    33.0682
    CBSA code
    16700
    CBSA name
    CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $68,659
    $84,072
    $216,713
    $300,785
    -
    $1,542,500
    $3,976,100
    $5,518,600
    More about this property
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