Back to Search
Property profile & analytics
FOR LEASE
Warehouses
4509 Savannah Hwy Ravenel, SC 29470
Entity Owned
~
Est. High Equity
Property ID
US77-0080370
For Lease
1 / 13
$15 SF/Yr
4509 Savannah Hwy, Ravenel, SC 29470
View Listing →
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
40,216 SF
Lot
4.11 ac (179,032 SF)
APN
245-00-00-053
UPID
US77-0080370
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
-
W. Brown Heating & Air, LLC Hardware & Home Improvement HVAC Service
-
Tm Taylor Construction Construction Company General Contractor
-
Carolina Coffee Works Cafe & Coffee Shop Specialty Food Shop
-
Scotts Floral Wholesale Big Box & Wholesale Store
-
NothingButBull.Com Party Supply Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.74M
Blend (final)
Blend
$7.96M
Owner & transaction history
Orep Owner 4509 Savannah LLC
Orep Owner 4509 Savannah LLC
since 2025
Last sale
$8.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.2M
+60.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ravenel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ravenel submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,085,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,750,000
Current use
COMMERCIAL (GENERAL)
$9,245,000
Change: +61% · Conversion: Difficult
Blend value · Realmo final
$7.96M
Range $7.16M – $8.75M · ±10% · vs last sale $8.18M (Dec 11 2025)
Last sale anchor
$8.18M
Dec 11 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$198 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$76,357
Tax year 2023
Assessed value
$270,000
Assessed 2023
Previous assessed
$69,830
+286.7% YoY
Effective rate
28.28%
On assessed value
Land market value
$1,250,000
Improvement market value
$3,250,000
Total market value
$4,500,000
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1999
Heating
ELECTRIC
Stories
1
Total area
40,216 SF
Lot
4.11 ac (179,032 SF)
APN
245-00-00-053
UPID
US77-0080370
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.8M
COMMERCIAL (GENERAL)
Est. value
$9.2M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
ELECTRIC
Stories
1
Lot
4.11 ac
Current owner
From public records · entity-resolved
Orep Owner 4509 Savannah LLC
Entity
Mailing address
11 CUNNINGTON AVE, CHARLESTON, SC 29405-9312
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
$8,175,000
Orep Owner 4509 Savannah LLC
1667 Metting Street LLC
Deed
$5,534,000 · Ameris Bank
Dec 11, 2025
—
4509 Savannah LLC
1667 Meetiug Street LLC
Quitclaim Deed
related
—
Dec 9, 2022
$4,500,000
1667 Meeting Street LLC
Savannah Hwy Warehouse LLC
Warranty Deed
$4,355,031 · United Community Bank
Sep 25, 2020
—
Savannah Hwy Warehouses LLC
—
Deed
related
$750,000 · United Bk
Aug 30, 2018
—
Savannah Hwy Warehouses LLC
—
Deed
related
$750,000 · First Cap Bk
Mar 16, 2006
$1,600,000
Savannah Hwy Warehouses LLC
Carr,walter D
Warranty Deed
$1,000,000 · Harbor Bank
—
—
Savannah Hwy Warehouses LLC
—
Deed Of Trust
related
$750,000 · First Cap Bk
—
—
Savannah Hwy Warehouses LLC
—
Deed Of Trust
related
$750,000 · United Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
