1721 Ashley River Road Charleston, SC 29407
Freestanding office building with high visibility and flexible zoning.
Property Features for 1721 Ashley River Road
General Information
- Standard status
- Active
- Size
- 2,538 SF
- Property subtype
- Special Purpose
Listing office Dunes Properties Dunes Downtown
Listing date May 14, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- High Visibility: Located on Ashley River Road with approximately 38,000 vehicles per day.
- Flexible Zoning: Limited Business (LB) zoning allows for a wide range of uses.
- Strategic Location: Convenient access to major thoroughfares, Downtown Charleston.
Local Financial Insights For Office B
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 | $56.3k | $22.20 |
| − Vacancy | −$8.8k | −$3.49 |
| EGI | $47.5k | $18.71 |
| − OpEx | −$11.9k | −$4.68 |
| NOI | $35.6k | $14.04 |