Class A Office Suites
297 Seven Farms Dr Charleston, SC 29492
297 Seven Farms Dr, Charleston, SC, 29492
Contact for pricing
For Sale
Contact for pricing
Two fully leased Class A office suites totaling 4,651 SF with rear parking and frontage on Seven Farms Drive.
Property Size4,651 SF
Price / SF$390
Days on Market181
Property Features for 297 Seven Farms Dr
General Information
- Standard status
- Active
- Size
- 4,651 SF
- Property subtype
- OFFICE
Listing agency
Meyer Kapp & Associates LLC
(843) 971-8603
Listed by
Eric Meyer
(843) 971-8603
Source
Moodyscre
Added: Jan 22 Updated: Jul 21 at 2:28PM Checked: Jul 21 at 2:28PM
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 Meyer Kapp & Associates LLC
Investment Insights
Based on property information with market context.
This offering includes two fully leased Class A commercial office suites in a single building, totaling approximately 4,651 square feet. Suite 200 offers 3 private offices, a kitchenette, a large conference room, and a reception area. Suite 201 includes 3 private offices, a bull pen area, two storage closets, a large conference room, and a full-size kitchen and dining area. Both leases are in place with annual increases and terms of approximately 7+ years remaining.
The property is located on Seven Farms Drive in the center of Daniel Island’s commercial district. The building has frontage on Seven Farms Drive, with parking and service positioned in the rear, and elevator service plus common area bathrooms.
Each suite is finished for professional use with high-end finishes, supporting day-to-day office operations for their respective tenants.
The property is located on Seven Farms Drive in the center of Daniel Island’s commercial district. The building has frontage on Seven Farms Drive, with parking and service positioned in the rear, and elevator service plus common area bathrooms.
Each suite is finished for professional use with high-end finishes, supporting day-to-day office operations for their respective tenants.
Key Highlights
- Two fully leased Class A commercial office suites totaling 4,651 SF
- Suite 200: +/- 2,011 SF leased to a local law firm with 3 private offices, kitchenette, reception, and 1 large conference room
- Suite 201: +/- 2,640 SF leased to a professional financial services provider with 3 private offices, bullpen, 2 storage closets, and a full‑size kitchen & dining area
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 | $103.3k | $22.20 |
| − Vacancy | −$16.2k | −$3.49 |
| EGI | $87.0k | $18.71 |
| − OpEx | −$21.8k | −$4.68 |
| NOI | $65.3k | $14.04 |
4,651 SF · lease $22.20/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$932.6K
$816.0K – $1.09M
NOI $65,281 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,105 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Daniel Island Eye ...
Physician
Imagine Home Daniel ...
Interior Design
Baley Fay Petersen
Physician
Dr. Jean Silecchia
Physician
Apex Systems
Employment Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Two fully leased Class A office suites totaling 4,651 SF with rear parking and frontage on Seven Farms Drive.
Where is this office building located?
The property is located at 297 Seven Farms Dr Charleston, SC.
What is the asking price?
The asking price for this property is $1,813,890.
What are key features of this property?
This property features: Two fully leased Class A commercial office suites totaling 4,651 SF; Suite 200: +/- 2,011 SF leased to a local law firm with 3 private offices, kitchenette, reception, and 1 large conference room; Suite 201: +/- 2,640 SF leased to a professional financial services provider with 3 private offices, bullpen, 2 storage closets, and a full‑size kitchen & dining area
