Property profile

2122 Cosgrove Ave North Charleston, SC 29405

FOR SALE
Commercial real estate
Property ID
US77-2976335
2,084 SF 0.21 ac lot Built 1978
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 5,250-square-foot industrial property in Leon County offers a unique blend of showroom and warehouse space, perfect for a variety of businesses. Situated as an end unit, this highly visible location boasts a prominent glass storefront showroom, complemented by several offices and a spacious rear warehouse area. The warehouse currently measures approximately 2,500 square feet, but offers expansion potential to meet growing operational needs. Convenient access is ensured by a grade-level roll-up door at the rear of the unit, facilitating efficient loading and unloading. The property benefits from its strategic location near Florida State University (FSU) and Tallahassee Community College (TCC), providing access to a large talent pool and high visibility. Its proximity to Interstate 10 (only 4.1 miles from Exit 24) ensures excellent connectivity for regional and national distribution. The property enjoys 24/7 management accessibility, offering tenants unparalleled convenience. This thriving business park also features a strong tenant roster, including established businesses such as Sherwin-Williams and Fastenal, creating a desirable and stable business environment. This single-tenant property presents a compelling opportunity for businesses seeking a high-visibility, functional, and well-located space in a dynamic area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Total area 2,084 SF
Lot 0.21 ac (9,148 SF)
APN 469-11-00-107
UPID US77-2976335

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Hair Salon Nail Salon

Location

2122 Cosgrove Ave North Charleston, SC 29405
North Charleston metro Census 5500 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2022
Last sale
$505,000
4 recorded transactions
2022
$505,000
2022
$1.4M
2004
$100,000
2004
$100,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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