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31107619
31107620

240 Acres Dr, Ladson, SC 29456 For Sale

LA
SC 74245
JLL - Charleston, South Carolina
Listed by JLL - Charleston, South Carolina
$850,000
121 days on market
Updated 3 days ago

240 Acres Drive

Details
APN 242-07-00-027
Property Type Land
Sub Type Industrial
Acreage 1.410

Land

Marketing description

240 Acres Drive is an income-producing truck parking facility offering a 7% cap rate. The 1.41-AC site is zoned General Commercial in Berkeley County. The facility contains 22 bays operating at 95% occupancy with an annual NOI of $68,040.

This turnkey investment offers immediate income from an existing operating business, generating approximately $5,670 in monthly rental income from an established tenant base of recurring monthly and nightly customers. The property benefits from an approved Outdoor Storage Special Exception for truck and trailer storage operations, along with newly added improvements and existing infrastructure including gated access, security cameras, lighting, gravel surfacing, and TruckBays management software. Operational systems are already established for reservations, billing, tenant management, and access control, providing buyers with a stabilized cash-flowing IOS asset.

Listing Contacts

LA
SC 74245
JLL - Charleston, South Carolina
Listed by JLL - Charleston, South Carolina

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