Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Dorchester Road Land Parcels Title is generated by Realmo AI

    8040 Dorchester Road, North Charleston, SC 29418

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Three parcels totaling ±2.32 AC on Dorchester Road.

    Type:Land
    Lot size:
    2.32 Acres
    Added:
    Dec 19, 2018
    Days on Market:
    2700
    Last Refresh:
    Mar 16 at 12:50 pm

    Property Features for 8040 Dorchester Road

    General Information

    Standard status
    Active
    Lot size
    2.32 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jack Owens
    Jack Owens

    Listing agent Jack Owens License #SC 22134

    Listing office NAI Charleston

    Listing date Dec 19, 2018

    Source Crexi

    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

    • Total of ±2.32 AC available on Dorchester Road.
    • Option to purchase all parcels together or individually.
    • Convenient access to Charleston International Airport.
    • Proximity to Summerville and downtown Charleston.
    • Located on Dorchester Road.
    • Across from Bosch.

    Overview

    Three parcels of land are available for sale, totaling approximately 2.32 acres on Dorchester Road. The lots can be purchased together or individually. The property offers convenient access to the Charleston International Airport, Summerville, and downtown Charleston. The location is less than 4 miles from the airport on the right side of Dorchester Road, across from Bosch.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Gym & Fitness Center Electrical Service Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.0388
    Latitude
    32.8713

    Nearby Similar for Sale

    • $585,000
      2,590 SF

      North Charleston Cash Flowing Triplex

      Centrally located triplex with upgrades and strong rental income.
      5116 Twitty, North Charleston, SC 29406
      View Details
    • $659,900
      3,060 SF

      North Charleston Quadruplex Investment Opportunity

      Four-unit residential building in a revitalizing North Charleston location.
      7424 Rock Street, North Charleston, SC 29420
      View Details
    • $669,900
      4,069 SF

      North Charleston Quadplex Investment Opportunity

      Quadplex in high-demand rental area near Charleston's key locations.
      7668 Hunters Ridge Lane, North Charleston, SC 29420
      View Details
    • $659,700
      4,026 SF

      North Charleston Four-Unit Multifamily Property

      Well-maintained four-unit property in a rapidly growing North Charleston area.
      7637 Hunters Ridge Lane, North Charleston, SC 29420
      View Details
    • $750,000

      North Charleston Land with Structures

      0.36-acre lot with structures near Park Circle.
      1901 Helm Avenue, North Charleston, SC 29405
      View Details
    • $3,700,000
      15,648 SF

      Renovated Multifamily Community in Charleston

      Turnkey, stabilized multifamily asset with strong rental history.
      1815 Sumner Avenue, North Charleston, SC 29406
      View Details
    • $900,000

      Multifamily Development Opportunity Near Park Circle

      0.8-acre corner lot zoned for multifamily development.
      1634 Sumner Avenue, North Charleston, SC 29406
      View Details
    • $900,000

      Multifamily Development Opportunity Near Park Circle

      0.8-acre corner lot zoned R-2 for multifamily development.
      1628 Sumner Avenue, North Charleston, SC 29406
      View Details
    • $335,000
      868 SF

      North Charleston Multifamily Investment Opportunity

      Two units on a large lot near downtown Charleston.
      2781 Ranger Drive, North Charleston, SC 29405
      View Details
    • $1,050,000
      1,500 SF

      Remodeled Quadraplex Near Park Circle

      Newly renovated quadraplex near restaurants, downtown, and the beach.
      4731 Colie Morse Lane, North Charleston, SC 29405
      View Details
    • $2,300,000
      12,895 SF

      Former Daycare Near Navy Yard

      12,895 SF former daycare near new Navy Yard project.
      1910 McMillan Avenue, North Charleston, SC 29405
      View Details
    • $1,100,000
      8,500 SF

      North Charleston Freestanding Building

      8,500 SF building on 1 acre, prime location.
      4301 Meeting Street Rd, North Charleston, SC 29405
      View Details

    FAQs

    What type of property is this?
    Commercial land - Three parcels totaling ±2.32 AC on Dorchester Road.
    Where is this commercial land located?
    The property is located at 8040 Dorchester Road North Charleston, SC.
    What are key features of this property?
    This property features: Total of ±2.32 AC available on Dorchester Road.; Option to purchase all parcels together or individually.; Convenient access to Charleston International Airport.
    (843) 696-7653 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jack Owens
    Jack Owens
    Real Estate License ID: SC 22134
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8040 Dorchester Road, North Charleston, SC 29418
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!