Fenced-Yard Flex
For Sale
Contact for pricing
3285 Associate Drive, North Charleston, SC 29418
Vacant flex property combining private offices, warehouse space, a drive-in door, and secured outdoor storage.
Property Size3,750 SF
Price / SF$400
Days on Market187
Property Features for 3285 Associate Drive
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Industrial, Mixed Use, Office, Business for Sale
Zoning
City of North Charleston - M-1 - Light Industrial District
Building Details
Year Built
1984
Listing Agency:
The Boulevard Company
Listed By:
Al Simmons · License #SC 94799
Source:
Crexi
Added: Apr 11
Changed: Oct 13
Last Checked: Oct 12 at 7:52PM
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 The Boulevard Company
Investment Insights
Based on property information with market context.
This standalone flex building at 3285 Associate Dr in North Charleston combines professional office and warehouse components on a 0.99-acre site. The 3,750-square-foot building includes 1,750 square feet of office area and 2,000 square feet of warehouse space, with a drive-in door and a fully fenced yard. A 900-square-foot open storage shed at the rear adds covered space for equipment or materials.
The office layout provides six private offices, a reception area, conference room, three renovated restrooms, including one with a shower, and additional closet and storage areas. Restroom improvements have been completed, and the building is currently vacant. Its location offers access to the Charleston MSA, while the metal structure and stucco façade provide a defined commercial presence.
The office layout provides six private offices, a reception area, conference room, three renovated restrooms, including one with a shower, and additional closet and storage areas. Restroom improvements have been completed, and the building is currently vacant. Its location offers access to the Charleston MSA, while the metal structure and stucco façade provide a defined commercial presence.
Key Highlights
- 3,750 SF flex building with 1,750 SF office and 2,000 SF warehouse space
- 0.99‑acre site with fully fenced yard area
- 900 SF open storage shed at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,203
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,060
$1.0M
Cap Rate 7%
$717,186
$717.2K
Cap Rate 9%
$557,811
$557.8K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$78.8K $21.00/SF
− Vacancy
−$11.8K −$3.15/SF
EGI
$66.9K $17.85/SF
− OpEx
−$16.7K −$4.46/SF
NOI
$50.2K $13.39/SF
Area
North Charleston, SC
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,060
Cap Rate 7%
$717,186
Cap Rate 9%
$557,811
Alternative Uses
Best Use
Office B
$717.2K
$627.5K – $836.7K
NOI $50,203 @ 7.0% cap · market cap 3.35%
Second Best
Flex RnD
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 2.57%
Theoretical Best
Office A
$1.02M
$891.0K – $1.19M
NOI $71,280 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29418, SC
24,154
Population
12,334
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,830
Density / Sq Mi
$62,421
Median Household Income
$41,287
Median Earnings
$1,277
Median Rent
$234,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Vacant flex property combining private offices, warehouse space, a drive-in door, and secured outdoor storage.
Where is this flex space located?
The property is located at 3285 Associate Drive North Charleston, SC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,750 SF flex building with 1,750 SF office and 2,000 SF warehouse space; 0.99‑acre site with fully fenced yard area; 900 SF open storage shed at the rear
