Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4140 Pleasant Rd Fort Mill, SC 29708-9397
    Back to Search
    Property profile & analytics

    4140 Pleasant Rd, Fort Mill, SC 29708-9397

    View on Map
    • Industrial properties
    • 53.31 lot acres
    Off-Market
    Last Sale May 9, 2023
    $42,500,000
    Property ID
    US77-0718513
    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
    $42,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Britax Child Safety, Inc. / Industrial Manufacturer / Production Facility

    Property Details for 4140 Pleasant Rd

    Lot size
    53.31 lot acres
    Zone code
    LI
    Property type
    Industrial properties
    APN
    722-00-00-001
    APU
    7220000001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 9, 2023 — Indu Ftmsc Pleasant LLC Charlotte Ind Ll LLC Quit Claim Deed · related $26.6M · Usaa Life Insurance Company
    May 9, 2023 $42,500,000 Indu Ftmsc Plesant LLC Charlotte Ind Ll LLC Limited Warranty Deed —
    Mar 29, 2021 $19,980 Intersection Improvement Charlotte Ind Ll LLC Deed —
    Sep 17, 2019 $38,380,000 Charlotte Ind Ll LLC Pleasant Road York County LLC Trustees Deed $97M · Canadian Imperial Bk/commerc
    May 7, 2013 $25,000,000 Pleasant Road York County LLC Tkc Clii LLC Grant Deed $78.5M · Axa Equitable Life Ins Co
    Jun 4, 2012 — Tkc Clii LLC Dougmar Farms LLC Quit Claim Deed · related —
    Jun 4, 2012 $3,023,820 Tkc Clii LLC Dougmar Farms LLC Warranty Deed —
    Dec 31, 2001 — Dougmar Farms LLC — Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $26,845,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Mill
    County
    York
    State
    South Carolina
    Longitude
    -80.9463
    Latitude
    35.0935
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      144,131 SF

      517 Kings Rdg Dr

      Distribution properties
      517 Kings Rdg Dr, Fort Mill, SC 29708
      View Details
    • Value Estimation by Request
      19.38 Acres

      3058 Lakemont Blvd

      INDUSTRIAL (GENERAL)
      3058 Lakemont Blvd, Fort Mill, SC 29708-8309
      View Details
    • Value Estimation by Request
      11.97 Acres

      2000 Boyer Rd

      INDUSTRIAL (GENERAL)
      2000 Boyer Rd, Fort Mill, SC 29708-8104
      View Details
    • Value Estimation by Request
      20.37 Acres

      547 Kings Rdg Dr

      INDUSTRIAL (GENERAL)
      547 Kings Rdg Dr, Fort Mill, SC 29708-0110
      View Details
    • Value Estimation by Request
      370,000 SF

      160 Steele Pt Dr

      INDUSTRIAL (GENERAL)
      160 Steele Pt Dr, Fort Mill, SC 29708-0193
      View Details
    • Value Estimation by Request
      4.00 Acres

      3601 Foothills Way

      INDUSTRIAL (GENERAL)
      3601 Foothills Way, Fort Mill, SC 29708-9299
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lakemont Business Park Industrial Building

      21,072 SF industrial building in Fort Mill, SC.
      3480 Lakemont Blvd, Fort Mill, SC 29708
      View Details
    • Contact for pricing

      Tega Cay Professional Center Suite

      Combined suite in a growing professional center, move-in ready.
      1182 Stonecrest Blvd, Tega Cay, SC 29708
      View Details
    • Contact for pricing

      Office Condo in Fort Mill

      1,265 SF office condo in well-located Fort Mill development.
      238 Rockmont Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing

      Development Site Near Highway 160

      2.425 AC development site zoned for various commercial uses.
      1842 Coltharp Rd, Fort Mill, SC 29708
      View Details
    • Contact for pricing
      8,600 SF

      Restaurant and Retail Investment Opportunity

      Retail property with established tenants near Carowinds.
      917 Cabelas Dr, Fort Mill, SC 29708
      View Details
    • $395,000
      0.30 Acres

      Dockable Waterfront Homesite in Tega Cay

      Premium waterfront land to build your dream home, no HOA.
      11055 Holiday Cove Dr, Tega Cay, SC 29708
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,158 SF

      Professional-Flex Property with Roll-Up Door

      61,000 SF professional-flex property with convenient parking.
      377 Rubin Center Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing

      Fort Mill Flex/Office Space

      40,000 SF business center with flex and office spaces.
      1974 Carolina Place Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing
      129,500 SF

      Warehouse Space in Professional Park

      129,500 SF warehouse space with ample parking.
      301 Crestmont Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing
      144,131 SF

      Class A Industrial Building

      Class A industrial building in Lakemont Business Center.
      517 Kings Rdg Dr, Fort Mill, SC 29708
      View Details
    • $7 SF/Yr
      129,500 SF

      Fort Mill Warehouse Space Available

      Warehouse space for rent in professional park setting.
      Crestmont Dr, Fort Mill, SC 29708
      View Details
    • Contact for pricing
      36,456 SF

      Fort Mill Warehouse Space

      32,465 SF warehouse space available for lease.
      3318 Lakemont Blvd, Fort Mill, SC 29708
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4140 Pleasant Rd
    Fort Mill, SC 29708-9397
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4140 Pleasant Rd, Fort Mill, SC, 29708
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!