3973 Ashley Phosphate Rd

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30335803
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 19,139 SF
Gross Building Area: See Agent
Sale Price: $1,350,000
Unit Price: $70.54 PSF
Ceiling: 24 ft. / 20 ft. Clear
Docks/Doors: 9 Doors
Office SF: 400 SF
Drive In Bays: 9 Bays
Property Use Type: Investment, Business
Building Name: Duofast
Usable Size (USF): 19,139 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 6/30/2020

Overview / Comments

Established Flex space on Ashley Phosphate Rd. 5 buildings. Three(3) lots being sold as 1 listing.
Lot 172-15-92-001 - Vacant corner lot on Ashley Phosphate & Tanglewood Dr.
Lot 172-15-02-002 - Faces Ashley Phosphate Rd - 1 building with 2 units
Lot 172-15-02-005 - 3 buildings with 7 units

All building roofs recently inspected and repaired if needed. All wiring and electrical boxes inspected by SCE&G. AC units inspected, repaired and/or replaced if needed. All plumbing inspected and repaired. Overhead doors inspected, repaired and/or replaced. All buildings recently painted. Termite and pest inspected, treated if needed.

Property goes from Ashley Phosphate to Eucalyptus Ave. Fenced along Eucalyptus. 12 foot locked gate between buildings on Eucalyptus.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 61 - N.Chas/Summerville/Ladson Area
Taxing Authority: Dorchester county
Tax ID/APN: 172-15-02-001 (Vacant corner lot), 172-15-02-002, 172-15-02-005
Zoning: CRD - Commercial Redevelopment District
Property Located Between: Hanniford and Tanglewood Roads on Ashley Phosphate
Highway Access: 2 driveways off of Ashley Phosphate. Gated drive off of Eucalyptus
Airports: Charleston International, Summerville Airport
Site Description: Car Wash, Used car sales, Contractor equipment outlet, tire repair, car repair, printing shop, Worship Hall.
Area Description: Midway between I-26 and Dorchester Rd. in growing business area.
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 1,053 SF
Property Condition: Average
Year Built: 1971
Roof Type: Flat
Construction/Siding: Block, Metal Siding, Steel Frame
Exterior Description: Vertical metal siding
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Parking Description: Flat surface, 6 spaces in front of each unit. Overflow parking in center of lot (daytime only)
Total Parking Spaces: 40
Eave Height: 24
Overhead Cranes: Undisclosed
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Lighting: Fluorescent, Other
Internet Access: Cable
Interior Description: Each building is different. Each unit has office area, warehouse, work area, bath, separate electrical meters, separate HVAC
Zoning Description: Commercial
Lot Frontage: 265 feet
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Land is owned
Legal Description: Stratton Capers Lot 140 Stratton Capers Lot143

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,016 58,392 138,635
Median Age: 28.91 31.69 32.75
Households: 2,721 22,207 52,845


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