Property profile

4531 Piggly Wiggly Dr North Charleston, SC 29405

OFF-MARKET
Warehouses
Property ID
US77-0798818
166,601 SF 7.15 ac lot Built 1970
Entity Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Charleston warehouse, formerly a Piggly Wiggly cold storage facility, offers 183,515 square feet of immediately available space. Ideally situated within easy access to I-526, this light industrial property boasts a range of features perfect for diverse business needs. The building features ceiling heights ranging from 15 to 22 feet, providing ample vertical space for storage and operations. Loading and unloading are facilitated by 18 dock-high doors and 2 drive-in doors, ensuring efficient logistics. The property also includes a substantial 1.7-acre enclosed parking area, ideal for truck and trailer parking. Power is provided by a 3-phase high-capacity system. The space is divisible, with a minimum leasable unit of 5,000 square feet and a maximum contiguous space of 124,000 square feet, offering flexibility for businesses of various sizes. The zoning is designated as Light Industrial, allowing for a wide array of permitted uses. This turnkey warehouse presents a unique opportunity to establish a presence in a prime Charleston location. The property is currently entirely vacant and ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 166,601 SF
Lot 7.15 ac (311,454 SF)
APN 470-01-00-022
UPID US77-0798818

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility
  • Logistics Company

Location

4531 Piggly Wiggly Dr North Charleston, SC 29405-5610
North Charleston metro Census 3300 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$16.69M
Blend (final) Blend
$12.10M

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
$20.1M
2013
Price N/A
2007
Price N/A
2001
$9.7M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 4531 Piggly Wiggly Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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