Technical
Financial
Distress signals
Property profile

1156 Drop Off Dr A Summerville, SC 29486

OFF-MARKET
Distribution centers
Property ID
US77-0606656
34,500 SF 6.13 ac lot Built 2021
Entity Owned 4-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Building Supply
  • Training Center
  • Construction Company
  • Building Supply Electrical Service

Location

1156 Drop Off Dr, Unit A Summerville, SC 29486-7271
Summerville metro Census 20710 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.43M
CAP Approach CAP
$3.06M
Comparable Approach Comparable
$5.00M
Blend (final) Blend
$5.01M

Owner & transaction history

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
Top alternative use upside
Auto repair, garage $7.6M +79.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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