Automotive Service
New
For Sale
Contact for pricing
121 S Goose Creek Blvd, Goose Creek, SC 29445
Located along Goose Creek Boulevard with direct street exposure and convenient access for passing customers.
Property Size3,612 SF
Price / SF$258.86
Days on Market7
Property Features for 121 S Goose Creek Blvd
General Information
Standard status
Active
Size
3,612 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Listing Agency:
Harbor Commercial Partners
(630) 200-6774
Listed By:
Chris Saltiel · License ##135588
Source:
Moodyscre
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 11 at 7:14AM
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 Harbor Commercial Partners
Investment Insights
Based on property information with market context.
This 3,612-square-foot auto shop is positioned along S Goose Creek Boulevard in Goose Creek, South Carolina. The property offers visible street presence, clear sightlines, and exposure to passing traffic, supporting customer recognition and convenient access for automotive or service-oriented operations.
Key Highlights
- 3,612 SF auto shop property
- Frontage along S Goose Creek Boulevard
- Clear sightlines and visible street presence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,870
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$837,400
$837.4K
Cap Rate 7%
$598,143
$598.1K
Cap Rate 9%
$465,222
$465.2K
Market Conditions
NOI Build-Up for 3,612 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.0K $18.00/SF
− Vacancy
−$5.2K −$1.44/SF
EGI
$59.8K $16.56/SF
− OpEx
−$17.9K −$4.97/SF
NOI
$41.9K $11.59/SF
Area
Berkeley County, SC
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$837,400
Cap Rate 7%
$598,143
Cap Rate 9%
$465,222
Alternative Uses
Best Use
Retail
$598.1K
$523.4K – $697.8K
NOI $41,870 @ 7.0% cap · market cap 4.48%
Second Best
Industrial
$244.4K
$213.8K – $285.1K
NOI $17,107 @ 7.0% cap · market cap 1.83%
Theoretical Best
Office A
$977.5K
$855.3K – $1.14M
NOI $68,423 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
150k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 21%
Electronics 2%
Home Improvements & Furnishings 1%
McDonald's
Dining
22,215 visits/mo
0.3 miles
Wendy's
Dining
14,734 visits/mo
0.0 miles
SONIC Drive In
Dining
13,554 visits/mo
0.3 miles
Taco Bell
Dining
13,266 visits/mo
0.1 miles
Exxon
Shops & Services
11,704 visits/mo
0.4 miles
Demographics for 29445, SC
60,558
Population
23,194
Households
2.6
Avg Household Size
34
Median Age
25%
College-Educated
90%
High-School Grad
57.4 sq mi
ZIP Area
1,055
Density / Sq Mi
$80,778
Median Household Income
$40,990
Median Earnings
$1,441
Median Rent
$256,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- South City Transmissions — 230 red bank rd, goose creek, sc 29445
- Auto Repairs at Legette Transmission — 227 red bank rd, goose creek, sc 29445
- Davidson's Towing And Roadside Services — 128 Keenan Ave, Goose Creek, SC 29445
- Pistón Automotive Repair — 227 Red Bank Rd, Goose Creek, SC 29445
- Parish Automotive — Goose Plaza Shopping Center, 223 Red Bank Rd, Goose Creek, SC 29445
Frequently Asked Questions
What type of property is this?
Auto shop - Located along Goose Creek Boulevard with direct street exposure and convenient access for passing customers.
Where is this auto shop located?
The property is located at 121 S Goose Creek Blvd Goose Creek, SC.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: 3,612 SF auto shop property; Frontage along S Goose Creek Boulevard; Clear sightlines and visible street presence
