2532 Spruill Ave, North Charleston, SC 29405
For Sale
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This exceptional 27,840-square-foot warehouse, situated on 1.73 acres in North Charleston, SC (zip code 29405), presents a unique investment opportunity. Completely renovated in 2023, the property boasts a new roof, HVAC system, sprinkler system, polished concrete floors, updated electrical, lighting, plumbing, and restrooms. The main warehouse features three loading docks and offers approximately 3,900 square feet of modern office space, including three private offices and an open lobby/showroom area. Four additional storage buildings are located on the site, though not included in the 27,840 square foot total. The property benefits from a convenient location within the I-526 loop, near the Hugh Leatherman terminal, and is zoned M2 - Heavy Industrial (APN: 466-08-00-499). Features include a 6-inch concrete slab, 3-phase power, and a secure on-site yard. Ideal for a variety of uses, including high-end showroom/storage, manufacturing, distribution, government contracting, or event space. The asking price is $5,999,999. The property is currently vacant and available for immediate occupancy. This is a NNN lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.