4509 Savannah Hwy Ravenel, SC 29470
- Warehouses
- 40,216 SF
- 4.11 lot acres
Current Use by Public Records
- W. Brown Heating & Air, LLC / Air Conditioning Contractor
- Tm Taylor Construction / General Contractor
- Carolina Coffee Works / Coffee Roasters
- Scotts Floral Wholesale / Wholesaler
- NothingButBull.Com / Party Equipment Rental Service
Property Details for 4509 Savannah Hwy
- Year built
- 1999
- Lot size
- 4.11 lot acres
- Property size
- 40,216 SF
- Property type
- Warehouses
- APN
- 245-00-00-053
- APU
- 2450000053
Description
This exceptional Ravenel, SC industrial property, located at 4509 Savannah Hwy, 29470, offers 41,000 square feet of versatile warehouse, flex, and manufacturing space across four single-story buildings. Recently renovated in 2024, the property boasts six available units ranging from 1,255 to 5,024 contiguous square feet, with a total of 12,558 square feet currently vacant. Two units enjoy high-visibility frontage on Highway 17, presenting significant retail potential. The expansive 4+ acre site includes ample parking and a large, separately leasable lay-down area. A sizable lawn offers possibilities for outdoor uses such as a cafe or brewery. The property is offered on a triple net (NNN) lease basis, with estimated fees of $3.07 per square foot. This prime location provides easy access to major transportation routes and offers a unique blend of industrial and potential retail opportunities. Ideal for businesses seeking flexible, modern warehouse space in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,085,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,910,000
- 6.5%
- $4,675,000
- 7%
- $4,075,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,620,000
- Geo Method
- $4,415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,985,000
- Retail
- $5,070,000
- Mixed-Use
- $4,645,000
- Hospitality
- $4,585,000
- Educational
- $4,300,000
- Residential Income
- $5,345,000
- Energy
- $4,860,000
- Income-Based Land
- $4,515,000
- Food Service
- $5,135,000
Location Insight
- Map
- Local Demand
- City
- Ravenel
- County
- Charleston
- State
- South Carolina
- Longitude
- -80.1606
- Latitude
- 32.7797
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA