North Charleston Freestanding
4301 Meeting Street Rd North Charleston, SC 29405
4301 Meeting Street Rd, North Charleston, SC, 29405
$1,100,000
For Sale
$1,100,000
8,500 SF building on 1 acre, prime location.
Property Size8,500 SF
Lot Size1.00 Acre
Price / SF$129.41
Days on Market138
Property Features for 4301 Meeting Street Rd
General Information
- Standard status
- Active
- Size
- 8,500 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial
Listing agency
NAI | Charleston
(843) 452-9417
Listed by
Dexter C. Rumsey, IV
Source
Naiglobal
Added: Mar 6 Updated: Jul 10 at 3:48PM Checked: Jul 22 at 5:30AM
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 approximately 8,500 square-foot freestanding building is located in North Charleston, South Carolina, situated on approximately one acre. The property is zoned B-2, offering potential for office, showroom, or light storage use. The location at the intersection of Durant Avenue, Rivers Avenue, and Meeting Street Road provides visibility and accessibility. The property is in close proximity to the Navy Yard, Park Circle, and the East Montague office district. This is an as-is sale, suited for investors or owner-users seeking a value-add opportunity in a high-traffic, central corridor. The property requires a full renovation.
Key Highlights
- Prime location at the intersection of Durant Ave, Rivers Ave, and Meeting Street Rd, offering outstanding visibility and accessibility.
- ±8,500 SF freestanding building on ±1 AC.
- Zoned B‑2, allowing for office, showroom, or light storage use.
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $18.00 |
| − Vacancy | −$18.4k | −$2.16 |
| EGI | $134.6k | $15.84 |
| − OpEx | −$47.1k | −$5.54 |
| NOI | $87.5k | $10.30 |
8,500 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.25M
$1.09M – $1.46M
NOI $87,516 @ 7.0% cap · market cap 7.96%
Second Best
Industrial
$575.1K
$503.2K – $671.0K
NOI $40,258 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,568 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Roscoes Diner — 2705 Bonds Ave, North Charleston, SC 29405
- Chug-a-Lug Wagon — 2652 bonds ave unit 206, north charleston, sc 29405
- Farrah’s Backyard Catering — 3555 Dorchester Rd, North Charleston, SC 29405
- Cast Iron Food Truck and Catering — 3555 Dorchester Rd, North Charleston, SC 29405
- Lowcountry Eats — 1608 Camp Rd, Charleston, SC 29412
FAQs
What type of property is this?
Flex space - 8,500 SF building on 1 acre, prime location.
Where is this flex space located?
The property is located at 4301 Meeting Street Rd North Charleston, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime location at the intersection of Durant Ave, Rivers Ave, and Meeting Street Rd, offering outstanding visibility and accessibility.; ±8,500 SF freestanding building on ±1 AC.; Zoned B‑2, allowing for office, showroom, or light storage use.
