Mixed-Use Office
565 Savannah Highway, Charleston, SC 29407
For Sale
$1,250,000
Flexible ground-floor layout with kitchen and mixed-use zoning for business and residential uses.
Property Size3,018 SF
Price / SF$414.18
Days on Market50
Property Features for 565 Savannah Highway
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Amenities
full kitchen
Building Details
Year Built
Stories
Listing Agency:
EXP Realty, LLC
Listed By:
Drew Warfuel
(888) 440-2798
Source:
Tidelandrealty
Added: Sep 19
Changed: Nov 6
Last Checked: Nov 6 at 8:17AM
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 EXP Realty, LLC
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.
Built in 1930, this approximately 3,018 SF mixed-use property offers a flexible ground-floor arrangement with multiple rooms, reception or conference space, a full kitchen, 4 bedrooms, and 3.5 baths. The layout can accommodate office, medical, dental, law, insurance, mortgage, and other service-oriented operations, while the zoning permits General Business and Residential uses.
The property fronts Savannah Highway just before Folly Road, along a corridor carrying more than 40,000 vehicles daily. Two ingress points support access, and the site includes parking for 7 vehicles. Downtown Charleston, restaurants, and shops are less than one mile away, with established businesses surrounding the property.
The property fronts Savannah Highway just before Folly Road, along a corridor carrying more than 40,000 vehicles daily. Two ingress points support access, and the site includes parking for 7 vehicles. Downtown Charleston, restaurants, and shops are less than one mile away, with established businesses surrounding the property.
Key Highlights
- Approximately 3,018 SF mixed‑use property
- 4 bedrooms and 3.5 baths
- Mixed‑use zoning permits General Business and Residential uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,360
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,200
$847.2K
Cap Rate 7%
$605,143
$605.1K
Cap Rate 9%
$470,667
$470.7K
Market Conditions
NOI Build-Up for 3,018 SF
Gross rent
$67.0K $22.20/SF
− Vacancy
−$10.5K −$3.49/SF
EGI
$56.5K $18.71/SF
− OpEx
−$14.1K −$4.68/SF
NOI
$42.4K $14.04/SF
Area
Charleston, SC
Vacancy
15.70%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,200
Cap Rate 7%
$605,143
Cap Rate 9%
$470,667
Alternative Uses
Best Use
Office B
$605.1K
$529.5K – $706.0K
NOI $42,360 @ 7.0% cap · market cap 3.39%
Second Best
Mixed Use
$539.6K
$472.1K – $629.5K
NOI $37,771 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$816.7K
$714.6K – $952.9K
NOI $57,171 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Explore this area
Business Placement
Demographics for 29407, SC
35,373
Population
18,723
Households
1.9
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,297
Density / Sq Mi
$80,568
Median Household Income
$51,827
Median Earnings
$1,388
Median Rent
$407,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Charleston, SC
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible ground-floor layout with kitchen and mixed-use zoning for business and residential uses.
Where is this mixed-use property located?
The property is located at 565 Savannah Highway Charleston, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 3,018 SF mixed‑use property; 4 bedrooms and 3.5 baths; Mixed‑use zoning permits General Business and Residential uses
