Multi-Building Flex
5453 Paulson Street North Charleston, SC 29406
5453 Paulson Street, North Charleston, SC, 29406
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For Sale
Contact for pricing
Three-building flex property with office space plus storage and roll-up door access.
Property Size1,501 SF
Price / SF$284.48
Days on Market93
Property Features for 5453 Paulson Street
General Information
- Standard status
- Active
- Size
- 1,501 SF
- Property subtype
- Special Purpose, Office
Building Details
- Year Built
- 1954
Listing agency
RE/MAX Pro Realty
(843) 834-8400
Listed by
Walter Barton
Source
Crexi
Added: Apr 21 Updated: Jul 22 at 8:35AM Checked: Jul 22 at 8:35AM
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 RE/MAX Pro Realty
Investment Insights
Based on property information with market context.
This for-sale multi-building flex property includes an office space in the main building and two additional buildings configured for storage and work use. Behind the main office is a garage area offering 499 SF of storage or workspace with a one-car roll-up door. The property also features window AC units and a screen porch area measuring 370 SF.
A second outbuilding includes window AC units and 722 SF of space, with a two-car roll-up door.
Overall, the layout combines office space with enclosed storage/work areas, supported by roll-up door access for service and materials handling.
A second outbuilding includes window AC units and 722 SF of space, with a two-car roll-up door.
Overall, the layout combines office space with enclosed storage/work areas, supported by roll-up door access for service and materials handling.
Key Highlights
- 1954‑built three‑building flex property with office space plus storage and roll‑up door access
- Main building features office space and includes window AC units
- Garage building includes 499 SF storage/workspace and a 1‑car roll‑up door, plus window AC units
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 | $31.5k | $21.00 |
| − Vacancy | −$4.7k | −$3.15 |
| EGI | $26.8k | $17.85 |
| − OpEx | −$6.7k | −$4.46 |
| NOI | $20.1k | $13.39 |
1,501 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$287.1K
$251.2K – $334.9K
NOI $20,095 @ 7.0% cap · market cap 4.71%
Second Best
Flex RnD
$220.8K
$193.2K – $257.6K
NOI $15,454 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$407.6K
$356.6K – $475.5K
NOI $28,531 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Lunch Express — 1311 Remount Rd, North Charleston, SC 29406
- Carol's Catering — 1146 Camden St, North Charleston, SC 29405
FAQs
What type of property is this?
Flex space - Three-building flex property with office space plus storage and roll-up door access.
Where is this flex space located?
The property is located at 5453 Paulson Street North Charleston, SC.
What is the asking price?
The asking price for this property is $427,000.
What are key features of this property?
This property features: 1954‑built three‑building flex property with office space plus storage and roll‑up door access; Main building features office space and includes window AC units; Garage building includes 499 SF storage/workspace and a 1‑car roll‑up door, plus window AC units
