Property profile

7587 Sandlapper Pkwy North Charleston, SC 29420

OFF-MARKET
Manufacturing properties
Property ID
US77-0413378
10,032 SF 1.22 ac lot Built 2017
Individually Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10,032 square foot single-tenant warehouse, built in 2017, presents a sublease opportunity in North Charleston's Dorchester County. Ideally situated off Ashley Phosphate Road, this property offers unparalleled access to the entire Tri-county area. The free-standing building boasts 120amp-480v power, enhancing operational efficiency. Loading and unloading are simplified with one loading dock and one drive-in door, both featuring 12'x12' roll-up doors. The warehouse also includes approximately 930 square feet of well-appointed office space, comprising two private offices, a bathroom, kitchenette, open workspace, and a foyer. Seven parking spaces are available, including one designated handicap space. The property is situated on a 1.22-acre parcel, which also includes an additional 10,032 square foot building (Building 200), however, no additional land is available for outside storage. The lease is a NNN lease with a rate of $3.02 per square foot. This warehouse is perfect for businesses seeking a functional and conveniently located space. The property's features and central location make it an attractive option for a variety of industrial uses.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2017
Total area 10,032 SF
Lot 1.22 ac (53,143 SF)
Zoning code PDD_NC
APN 172-00-00-131
UPID US77-0413378

Cap rate & NOI

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

Location

7587 Sandlapper Pkwy North Charleston, SC 29420-2807
North Charleston metro Census 10818 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
$730k
Comparable Approach Comparable
$750k
Blend (final) Blend
$710k

Owner & transaction history

since 2018
6 recorded transactions
2019
Price N/A
2018
$2.5M
2018
$2.5M
2017
$325,000
2017
Price N/A
1969
Price N/A

Zoning & alternative use

PDD_NC · North Charleston, SC

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
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