Office Condominium with
New
For Sale
Contact for pricing
3405 Salterbeck St, Mount Pleasant, SC 29466
The second-floor suite includes a kitchenette and separate office rooms.
Property Size1,340 SF
Price / SF$391.79
Days on Market4
Property Features for 3405 Salterbeck St
General Information
Standard status
Active
Size
1,340 SF
Property subtype
OFFICE
Zoning
PD
Additional Details
Floor
2
Asking Price
$525,000
Highway Access
Yes
Property Use
Office
Amenities
private balconies
kitchenette
Listing Agency:
NAI | Charleston
(843) 720-4944
Listed By:
Thomas M Boulware · License #SC 3657
(843) 270-9124
Source:
Moodyscre
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 4:14PM
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 NAI | Charleston
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,340-square-foot office condominium occupies the second floor and is configured with two enclosed offices, a kitchenette, and two private balconies. The unit is within the Park West Community and carries PD (Planned Development) zoning.
Highway 17 provides convenient access. Nearby amenities include Publix, retail businesses, offices, and dining options.
Highway 17 provides convenient access. Nearby amenities include Publix, retail businesses, offices, and dining options.
Key Highlights
- 1,340 SF office condominium in the Park West Community
- Second‑floor layout with two private offices
- Two private balconies and a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,040
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,800
$560.8K
Cap Rate 7%
$400,571
$400.6K
Cap Rate 9%
$311,556
$311.6K
Market Conditions
NOI Build-Up for 1,340 SF
Gross rent
$40.2K $30.00/SF
− Vacancy
−$2.8K −$2.10/SF
EGI
$37.4K $27.90/SF
− OpEx
−$9.3K −$6.98/SF
NOI
$28.0K $20.92/SF
Area
Charleston County, SC
Vacancy
7.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,800
Cap Rate 7%
$400,571
Cap Rate 9%
$311,556
Alternative Uses
Best Use
Office B
$400.6K
$350.5K – $467.3K
NOI $28,040 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$486.4K
$425.6K – $567.5K
NOI $34,049 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
Demographics for 29466, SC
42,316
Population
18,125
Households
2.3
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,449
Density / Sq Mi
$130,546
Median Household Income
$62,466
Median Earnings
$2,175
Median Rent
$659,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The second-floor suite includes a kitchenette and separate office rooms.
Where is this office unit located?
The property is located at 3405 Salterbeck St Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1,340 SF office condominium in the Park West Community; Second‑floor layout with two private offices; Two private balconies and a kitchenette
