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Office Building with Abundant Natural Light
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1524 Ashley River Road, Charleston, SC 29407

Adaptable office layout with efficient floor plates and ample parking for staff and clients.

Property Size5,452 SF
Price / SF$174.25
Days on Market120

Property Features for 1524 Ashley River Road

General Information

Standard status Active
Size 5,452 SF
Class A
Property subtype Office
Zoning GB- General Business
Investment Type Owner/User
Listing Agency: Coldwell Banker Commercial Atlantic
Listed By: Brent Case · License #SC
Source: Crexi
Added: Jun 10 Changed: Oct 1 Last Checked: Oct 7 at 12:05PM

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 Coldwell Banker Commercial Atlantic

Investment Insights

Based on property information with market context.

This office building at 1524 Ashley River Road is designed for adaptable tenant use, featuring a professional facade and abundant natural light throughout the workspaces. The interior layout includes efficient floor plates with thoughtful circulation to support collaboration while preserving privacy where needed. The building is described as having well-maintained systems intended to support reliable day-to-day operations, with a clean, office-ready environment for professionals.

The property is located in Charleston, South Carolina, with the public remarks noting that downtown Charleston is just minutes away. Area context includes nearby dining, boutique shopping, and cultural destinations referenced as Waterfront Park and The Battery, along with event activity at Marion Square. The Ashley River is also referenced as a scenic backdrop for work and leisure.

For tenants or buyers seeking an established office setting, this property offers practical features for everyday operations, including office-focused floor planning and generous parking for staff and client vehicles. The adaptable nature of the workspace and emphasis on natural light and maintained building systems may appeal to professional services users looking for a refined home to support ongoing business activity.

Key Highlights

  • Impressive office building at 1524 Ashley River Road with adaptable workspace for modern tenants
  • Efficient floor plates and thoughtful circulation designed to support collaborative work and privacy
  • Abundant natural light throughout the workspace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,524
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,480 $1.5M
Cap Rate 7%
$1,093,200 $1.1M
Cap Rate 9%
$850,267 $850.3K
Market Conditions
NOI Build-Up for 5,452 SF
Gross rent
$121.0K $22.20/SF
− Vacancy
−$19.0K −$3.49/SF
EGI
$102.0K $18.71/SF
− OpEx
−$25.5K −$4.68/SF
NOI
$76.5K $14.04/SF
Area
Charleston, SC
Vacancy
15.70%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,480
Cap Rate 7%
$1,093,200
Cap Rate 9%
$850,267

Alternative Uses

Best Use
Office B
$1.09M
$956.6K – $1.28M (±1% cap)
NOI $76,524 @ 7.0% cap · market cap 8.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,278 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Advanced Termite and Pest ... Garden Center Property Management Solutions ... Property Management Company

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Pet Store Restaurant Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,331
Businesses Nearby

Demographics for 29407, SC

35,373
Population
18,723
Households
1.9
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,297
Density / Sq Mi
$80,568
Median Household Income
$51,827
Median Earnings
$1,388
Median Rent
$407,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Charleston, SC

6.8% 2019
10.2% 2020
10.4% 2021
9% 2022
9% 2023
7.5% 2024
7.5% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Adaptable office layout with efficient floor plates and ample parking for staff and clients.
Where is this office building located?
The property is located at 1524 Ashley River Road Charleston, SC.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Impressive office building at 1524 Ashley River Road with adaptable workspace for modern tenants; Efficient floor plates and thoughtful circulation designed to support collaborative work and privacy; Abundant natural light throughout the workspace
(843) 725-6255 Call to check price and availability
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