Office Building on Corner
New
For Sale
Contact for pricing
7403 Stafford Rd, Charleston, SC 29406
Existing improvements support office or retail use, with redevelopment also identified as an option.
Property Size1,608 SF
Lot Size0.25 Acres
Price / SF$466.42
Days on Market3
Property Features for 7403 Stafford Rd
General Information
Standard status
Active
Size
1,608 SF
Lot size
0.25 Acres
Property subtype
OFFICE
Zoning
B-2
Site & Location
Corner Location
Yes
Traffic Count
65,000 vehicles/day
Road Access
Yes
Building Details
Buildings
1
Building Size
1,608 SF
Listing Agency:
NAI | Charleston
(843) 720-4944
Listed By:
Will L Sherrod · License #79410
(843) 364-3796
Source:
Moodyscre
Added: Oct 30
Last Checked: Oct 30 at 2:50PM
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
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Investment Insights
Based on property information with market context.
The 1,608-square-foot office building sits on a 0.25-acre parcel and is described as suitable for office or retail use, or for redevelopment. The property is zoned B-2 (General Business) in the City of North Charleston.
At the corner of Stafford Road and Ashley Phosphate Road, the site has exposure to approximately 65,000 vehicles per day on Ashley Phosphate Road. Proposed cross-access with adjacent Lodi Coffee is also noted.
At the corner of Stafford Road and Ashley Phosphate Road, the site has exposure to approximately 65,000 vehicles per day on Ashley Phosphate Road. Proposed cross-access with adjacent Lodi Coffee is also noted.
Key Highlights
- 1,608‑square‑foot building on a 0.25‑acre parcel
- B‑2 (General Business) zoning in the City of North Charleston
- Corner location at Stafford Road and Ashley Phosphate Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,570
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,400
$451.4K
Cap Rate 7%
$322,429
$322.4K
Cap Rate 9%
$250,778
$250.8K
Market Conditions
NOI Build-Up for 1,608 SF
Gross rent
$35.7K $22.20/SF
− Vacancy
−$5.6K −$3.49/SF
EGI
$30.1K $18.71/SF
− OpEx
−$7.5K −$4.68/SF
NOI
$22.6K $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%
$451,400
Cap Rate 7%
$322,429
Cap Rate 9%
$250,778
Alternative Uses
Best Use
Office B
$322.4K
$282.1K – $376.2K
NOI $22,570 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.2K
$380.8K – $507.7K
NOI $30,461 @ 7.0% cap · market cap 4.06%
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
65,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 29406, SC
32,730
Population
14,542
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
82%
High-School Grad
15.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,640
Median Household Income
$36,741
Median Earnings
$1,305
Median Rent
$209,700
Median Home Value
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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?
Office building - Existing improvements support office or retail use, with redevelopment also identified as an option.
Where is this office building located?
The property is located at 7403 Stafford Rd Charleston, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,608‑square‑foot building on a 0.25‑acre parcel; B‑2 (General Business) zoning in the City of North Charleston; Corner location at Stafford Road and Ashley Phosphate Road
