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Property profile & analytics
OFF-MARKET Estimated value $865,000
Distribution centers

220 Varnfield Dr Summerville, SC 29483-7309

10,000 SF 0.75 ac lot Built 2004
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US77-2067401
Property summary
AI-generated overview

This exceptional 9,865-square-foot warehouse space is situated within the Varnfield Business Park, conveniently located off I-26 at Exit 199 in Summerville, South Carolina. The property boasts a desirable light industrial zoning designation within Berkeley County (zip code 29483). This multi-tenant building offers a total of 35,462 square feet, with 9,865 square feet currently available for lease. The warehouse features a clear span design, high ceilings ranging from 15 to 19 feet, and excellent street visibility. Ideal for various industrial uses, the space includes a truck well, two 12' x 14' drive-in doors, and robust 120/240V 1200 AMP electrical power, complemented by metal halide lighting. In addition to the warehouse space, 975 square feet of office space is included. The strategic location provides easy access to major transportation arteries, including I-26, connecting to the Charleston Port Terminals and Charleston International Airport. The property benefits from proximity to prominent manufacturers such as Mercedes, Boeing, Volvo, and Bosch, fostering a thriving business environment. This warehouse presents a unique opportunity to establish a presence in a dynamic and well-connected industrial park.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2004
Total area 10,000 SF
Lot 0.75 ac (32,670 SF)
Zoning code SUMMERVILLE - LI
APN 232-00-01-115
UPID US77-2067401
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
  • Tri County Elite Association Or Organization
  • Le Bleu Bottled Water Big Box & Wholesale Store
  • Sluss&Padgett/SeafieldsWarehouse Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$885k
Comparable Approach Comparable
$849k
Blend (final) Blend
$865k
Owner & transaction history
Summerville Indl Ptrs LLC · 7 yrs held
Summerville Indl Ptrs LLC
since 2018
7 recorded transactions
2018
$4.3M
2016
Price N/A
2016
$3.3M
2004
Price N/A
2003
$57,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
SUMMERVILLE - LI · Summerville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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