Calculate cap rates and net operating income for commercial properties in South Carolina. Compare your results against South Carolina's secondary market benchmarks sourced from CBRE H2 2025.
South Carolina is a strong secondary market with exceptional industrial fundamentals. The Greenville-Spartanburg area is the BMW US manufacturing hub with a dense automotive supply chain. Port of Charleston is one of the fastest-growing and most efficient ports on the East Coast. Volvo Cars, Mercedes-Benz Vans, and Boeing 787 Dreamliner manufacturing create industrial demand. Charleston's tourism and desirability drive multifamily compression.
| Property Type | Typical Low % | Typical High % |
|---|---|---|
| Multifamily | 5.5% | 7.0% |
| Industrial | 5.5% | 7.0% |
| Retail | 6.0% | 7.5% |
| Office | 6.5% | 8.5% |
Benchmarks sourced from CBRE H2 2025 Cap Rate Survey, JP Morgan, Matthews, and Cushman & Wakefield market data. Ranges represent typical stabilized assets — actual rates vary by asset quality, location, and market conditions.
South Carolina cap rates range from 5.5–7.0% for multifamily and industrial, 6.0–7.5% for retail, and 6.5–8.5% for office. Charleston and Greenville-Spartanburg have the most competitive rates, driven by port activity and automotive manufacturing respectively.
South Carolina's industrial market is anchored by BMW's US manufacturing headquarters in Spartanburg (largest single exporter at Port of Charleston), Volvo Cars in Berkeley County, Mercedes-Benz Vans in North Charleston, and Boeing 787 assembly in North Charleston. This automotive and aerospace manufacturing concentration creates deep supply chain industrial demand and has attracted major logistics investment.
Charleston consistently ranks among the most desirable US cities for quality of life, creating strong multifamily demand from remote workers, retirees, and military-connected households (Joint Base Charleston). Tourism drives significant hospitality, food/beverage retail, and mixed-use development downtown. This lifestyle premium has compressed Charleston multifamily cap rates toward the lower secondary-market range.
This tool is for informational and educational reference only and does not constitute real estate investment advice. Cap rate benchmarks are estimates based on published industry surveys and may not reflect current conditions in your specific market, submarket, or asset class. Actual cap rates vary significantly based on property condition, location, tenant quality, lease terms, and local market dynamics. Always consult a licensed commercial real estate broker, appraiser, or investment advisor before making real estate investment decisions.