North Charleston Office Building For
For Sale
$2,550,000
3265 N Carolina Avenue, North Charleston, SC 29405
Two-story office building in North Charleston's Reynolds Avenue district.
Property Size14,278 SF
Days on Market319
Property Features for 3265 N Carolina Avenue
General Information
Standard status
Active
Size
14,278 SF
Class
B
Property subtype
Office
Building Details
Building Size
14,278 SF
Listing Agency:
NAI Charleston
Listed By:
Scott P. Peevy, CCIM · License #81438
(843) 637-1974
Source:
Naicharleston
Added: Nov 21, 2025
Changed: Sep 17
Last Checked: Oct 5 at 5:10PM
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 NAI Charleston
Investment Insights
Based on property information with market context.
This two-story office building is located in the Reynolds Avenue district of North Charleston. Constructed in 1970 and renovated in 2020, the masonry building has a total size of approximately 14,278 square feet on approximately 0.62 acres. The property is zoned B-2 (General Business District) by the City of North Charleston and is located in Flood Zone X, which indicates minimal flood hazard. Currently, the building is 57% occupied by five office tenants, with up to approximately 6,068 square feet available. This property is located in an Opportunity Zone.
Key Highlights
- Opportunity Zone property offering potential tax benefits.
- Located in the rapidly transforming Reynolds Avenue district of North Charleston.
- Ideal for owner‑occupant seeking additional income or opportunistic investor.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,147
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,822,940
$3.8M
Cap Rate 7%
$2,730,671
$2.7M
Cap Rate 9%
$2,123,856
$2.1M
Market Conditions
NOI Build-Up for 14,278 SF
Gross rent
$299.8K $21.00/SF
− Vacancy
−$45.0K −$3.15/SF
EGI
$254.9K $17.85/SF
− OpEx
−$63.7K −$4.46/SF
NOI
$191.1K $13.39/SF
Area
North Charleston, SC
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,822,940
Cap Rate 7%
$2,730,671
Cap Rate 9%
$2,123,856
Alternative Uses
Best Use
Office B
$2.73M
$2.39M – $3.19M
NOI $191,147 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.88M
$3.39M – $4.52M
NOI $271,396 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 29405, SC
25,620
Population
13,058
Households
2
Avg Household Size
37
Median Age
27%
College-Educated
84%
High-School Grad
14.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$54,566
Median Household Income
$35,887
Median Earnings
$1,196
Median Rent
$266,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office building in North Charleston's Reynolds Avenue district.
Where is this office building located?
The property is located at 3265 N Carolina Avenue North Charleston, SC.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Opportunity Zone property offering potential tax benefits.; Located in the rapidly transforming Reynolds Avenue district of North Charleston.; Ideal for owner‑occupant seeking additional income or opportunistic investor.
