Retail Property in Mount
For Sale
Contact for pricing
580 Long Point Rd, Mount Pleasant, SC
Retail space available for purchase in Mount Pleasant, SC.
Property Size1,200 SF
Lot Size9.18 Acres
Price / SF$222.50
Days on Market284
Property Features for 580 Long Point Rd
General Information
Standard status
Active
Size
1,200 SF
Lot size
9.18 Acres
Property subtype
RETAIL
Properties For Sale
at 580 Long Point Rd Contact us- Floor
- 1
- Size
- 1,200 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
580 Long Point Rd
Listing Agency:
Radekopf And Associates
(843) 579-2217
Listed By:
Steve Radekopf, CBI · License #23726
(843) 514-0761
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Sep 3
Last Checked: Sep 2 at 1:08AM
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 Radekopf And Associates
Investment Insights
Based on property information with market context.
A retail property is available for purchase, offering 1200 square feet of space. The property is located on Long Point Rd in Mount Pleasant, SC.
Key Highlights
- Retail space available for purchase.
- Located in Mount Pleasant, SC.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,523
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$450,460
$450.5K
Cap Rate 7%
$321,757
$321.8K
Cap Rate 9%
$250,256
$250.3K
Market Conditions
NOI Build-Up for 1,200 SF
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.
Gross rent
$33.6K $27.96/SF
− Vacancy
−$1.4K −$1.15/SF
EGI
$32.2K $26.81/SF
− OpEx
−$9.7K −$8.04/SF
NOI
$22.5K $18.77/SF
Area
Charleston County, SC
Vacancy
4.10%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$450,460
Cap Rate 7%
$321,757
Cap Rate 9%
$250,256
Alternative Uses
Best Use
Retail
$321.8K
$281.5K – $375.4K
NOI $22,523 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.6K
$381.2K – $508.2K
NOI $30,492 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,056
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 93%
Home Improvements & Furnishings 7%
Wendy's
Dining
13,182 visits/mo
0.5 miles
Waffle House
Dining
10,982 visits/mo
0.5 miles
Another Broken Egg Cafe
Dining
3,973 visits/mo
0.5 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
2,055 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase in Mount Pleasant, SC.
Where is this retail space located?
The property is located at 580 Long Point Rd Mount Pleasant, SC.
What is the asking price?
The asking price for this property is $267,000.
What are key features of this property?
This property features: Retail space available for purchase.; Located in Mount Pleasant, SC.
