Office
10562 Dorchester Road, Summerville, SC 29485
For Sale
Contact for pricing
Suitable for legal, medical, financial, or contractor operations.
Property Size1,664 SF
Price / SF$240.38
Days on Market56
Property Features for 10562 Dorchester Road
General Information
Standard status
Size
Property subtype
Listing Agency:
Carolina One Real Estate
Listed By:
Karrissa Curtis · License #126586
Source:
Crexi
Added: Sep 13
Changed: Nov 4
Last Checked: Nov 6 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolina One Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building contains 1,664 square feet and is positioned for legal, medical, financial, or contractor use. The property is located at 10562 Dorchester Road in Summerville, South Carolina, with reported traffic volume of 19,500 VPD.
Key Highlights
- 1,664 SF office building
- Located at 10562 Dorchester Road, Summerville, SC 29485
- 19,500 VPD reported on Dorchester Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,055
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,100
$661.1K
Cap Rate 7%
$472,214
$472.2K
Cap Rate 9%
$367,278
$367.3K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$49.5K $29.76/SF
− Vacancy
−$5.4K −$3.27/SF
EGI
$44.1K $26.49/SF
− OpEx
−$11.0K −$6.62/SF
NOI
$33.1K $19.86/SF
Area
Dorchester County, SC
Vacancy
11.00%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,100
Cap Rate 7%
$472,214
Cap Rate 9%
$367,278
Alternative Uses
Best Use
Office B
$472.2K
$413.2K – $550.9K
NOI $33,055 @ 7.0% cap · market cap 8.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.45M
NOI $87,170 @ 7.0% cap · market cap 21.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
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Business Placement
Demographics for 29485, SC
57,181
Population
23,382
Households
2.4
Avg Household Size
38
Median Age
35%
College-Educated
94%
High-School Grad
48.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$83,287
Median Household Income
$47,371
Median Earnings
$1,473
Median Rent
$311,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Suitable for legal, medical, financial, or contractor operations.
Where is this office building located?
The property is located at 10562 Dorchester Road Summerville, SC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,664 SF office building; Located at 10562 Dorchester Road, Summerville, SC 29485; 19,500 VPD reported on Dorchester Road
