Truck Terminal Warehouse for Sale in Opportunity Zone

Industrial for Sale
Catylist Listing ID: 30578459
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 24,225 SF
Sale Price: $1
Unit Price: $0 PSF
Docks/Doors: 35 Doors
Office SF: 5,723 SF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/4/2020

Overview / Comments

Single-tenant vacant 24,225 SF warehouse for lease and for sale sitting on 9.64 acres in Opportunity Zone in Hampton County (inside city limits of Yemassee). 18,952 SF of warehouse space and 5,273 SF of office space. This clearspan warehouse features 35 cross-docks and one drive-in door. There is excess land available for automobile and truck parking. The is two-stories tall in height but has one warehouse floor. The property is zoned office commercial district (Town of Yemassee) which permits a wide variety of residential and commercial uses. Prior tenants used the space for distribution. Fully fenced yard comprised of paved asphalt (and partially gravel). The warehouse is located in flood zone X- minimal (area of minimal flood hazard, usually depicted on FIRMs as above the 500-year flood level). The site is located in an SC Promise Zone (federal grant program for employed citizens). Taxes were 62 cents per SF in 2019. This site has a private well and septic system (Lowcountry regional water systems; lines are both 3,500’ from the site; well is rated 150,000 GPD capacity). The site has natural gas provided by Dominion Energy. Dominion Energy is also the electricity provider (23kC distribution; 115kV transmission). The telecommunications provider is Century Link/Hargray.
*The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Any information of special interest should be obtained through independent verification.*

Ownership of two billboards on-premise will remain with the current owner.

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Additional Details

Nearest MSA: Hilton Head Island-Bluffton
County: Hampton
Tax ID/APN: 198-00-00-120
Zoning: OFFICE COMMERCIAL DISTRICT
Property Located Between: Located on South Carolina Interstate I-95, just off exit 38. Equidistant from Savannah, Charleston, and Beaufort.
Area Description: Located on South Carolina Interstate I-95, just off exit 38. Equidistant from Savannah, Charleston, and Beaufort. Located in Opportunity Zone (SC Tract # 45049920300) in Hampton County. Close proximity to Charleston, SC (70 minutes) and Savannah, GA (50 minutes) Ports. Close proximity to aerospace hubs (Charleston, SC and Savannah, GA). 55 minutes from Savannah Airport, 65 minutes from Charleston International Airport, 10 minutes from Hampton County Airport. Approximately half a mile from Interstate I-95 (38,500 vehicles per day), approximately one mile from Yemassee Highway (cross street: St Clair Rd SE), approximately 1.2 miles from Old Salkehatchie Highway (cross street; I-95 SE).
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1995
Construction/Siding: Metal Siding
Eave Height: 1
Sprinklers: None
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,462 1,462 2,655
Median Age: 35.85 35.85 38.12
Households: 567 567 1,029

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