West Ashley Freestanding Office Building

14 Farmfield Ave, Charleston, SC

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For Sale

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9,924 SF office building on 0.79 acres for sale.

Type:OFFICE

Property size:

9,924 SF

Lot size:

0.81 Acres

Price / SF:

$211/SF

HighLights

Freestanding office building in central West Ashley location.
Ample parking with 58 surface level spaces.
Solar panels installed on roof will transfer at closing.
General Business zoning allows for a variety of uses.
Monument signage provides excellent visibility.
Substantial building size of ±9,924 SF on a ±0.79 acre parcel.

We can help!

Listing Contact

Thomas M Boulware

For Sale

Contact for pricing

9,924 SF office building on 0.79 acres for sale.

Type:OFFICE

Property size:

9,924 SF

Lot size:

0.81 Acres

Price / SF:

$211/SF

Added:: Mar 3, 2025
Days on Market:: 469
Last Refresh:: May 20 at 8:48 pm

Property Features for 14 Farmfield Ave

General Information

Standard status: Active
Size: 9,924 SF
Lot size: 0.81 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Thomas M Boulware

Listing agent Thomas M Boulware License #3657

Listing office NAI | Charleston

Listing date Mar 3, 2025

Source Moodyscre

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

HighLights

Freestanding office building in central West Ashley location.
Ample parking with 58 surface level spaces.
Solar panels installed on roof will transfer at closing.
General Business zoning allows for a variety of uses.
Monument signage provides excellent visibility.
Substantial building size of ±9,924 SF on a ±0.79 acre parcel.

Overview

A 9,924 square foot freestanding office building is available for sale in central West Ashley. The property is situated on a 0.79-acre parcel and includes 58 surface-level parking spaces. Solar panels installed on the roof will transfer at closing. The property features monument signage at the entrance. It is zoned General Business under the City of Charleston, with TMS number 349-08-00-021.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$220.3k	$22.20
− Vacancy	−$34.6k	−$3.49
EGI	$185.7k	$18.71
− OpEx	−$46.4k	−$4.68
NOI	$139.3k	$14.04

9,924 SF · lease $22.20/SF/yr · vacancy 15.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.99M

$1.74M – $2.32M (±1% cap)

NOI $139,293 @ 7.0% cap · market cap 6.63%

Second Best

—

no second resolved use

Theoretical Best

Office A

$2.69M

$2.35M – $3.13M (±1% cap)

NOI $187,992 @ 7.0% cap · market cap 8.95%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Dr. Georgia C. ... Physician Aksentijevich Sofia MD Physician DR. ALAN I. ... Physician Rheumatology Associates PA Physician Dr. Erica Anderson, ... Physician

Suggested Use

Location Insight

Map
Local Demand

City: Charleston
County: Berkeley
State: South Carolina
Longitude: -79.9947
Latitude: 32.7819

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For sale
Office buildings
SC
Charleston
14 Farmfield Ave

What type of property is this?

Office building - 9,924 SF office building on 0.79 acres for sale.

Where is this office building located?

The property is located at 14 Farmfield Ave Charleston, SC.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Freestanding office building in central West Ashley location.; Ample parking with 58 surface level spaces.; Solar panels installed on roof will transfer at closing.