Office Building with Parking
319 E 3rd St N Summerville, SC
319 E 3rd St N, Summerville, SC, 00000
Contact for pricing
For Sale
Contact for pricing
Office building with adjacent parking lot for sale.
Property Size15,175 SF
Lot Size1.30 Acres
Price / SF$448.11
Days on Market234
Property Features for 319 E 3rd St N
General Information
- Standard status
- Active
- Size
- 15,175 SF
- Lot size
- 1.30 Acres
- Property subtype
- OFFICE
Listing Agency
Roadstead Real Estate Advisors LLC
(843) 419-5320
Listed by
Bryan B Delgado · License #93384
Source
Moodyscre
Added: Nov 25, 2025 Checked: Jul 17 at 5:13 am
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 Roadstead Real Estate Advisors LLC
Investment Insights
Based on property information with market context.
This property features an office building with an adjacent 1-acre parking lot included in the sale. The annual rent is $450,000, which includes the parking lot. The landlord is responsible for the roof and structure. The tenant, BluePearl Operations, LLC, is owned by MARS Inc. The lease includes two 5-year options to renew. The property contains 15,175 square feet.
Key Highlights
- Annual Rent of $450,000 includes parking lot
- Sale includes adjacent 1‑acre parking lot property
- Two 5‑year options to renew
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 | $451.6k | $29.76 |
| − Vacancy | −$49.7k | −$3.27 |
| EGI | $401.9k | $26.49 |
| − OpEx | −$100.5k | −$6.62 |
| NOI | $301.4k | $19.86 |
15,175 SF · lease $29.76/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.31M
$3.77M – $5.02M
NOI $301,448 @ 7.0% cap · market cap 4.43%
Second Best
Industrial
$3.37M
$2.95M – $3.93M
NOI $235,930 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$11.36M
$9.94M – $13.25M
NOI $794,958 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with adjacent parking lot for sale.
Where is this office building located?
The property is located at 319 E 3rd St N Summerville, SC.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: Annual Rent of $450,000 includes parking lot; Sale includes adjacent 1‑acre parking lot property; Two 5‑year options to renew
