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    5638 Rhett Ave North Charleston, SC 29406

    For Sale
    $1,375,000

    Prime Office Space, 3,060 SF, High Visibility

    Property size:
    3,060 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3,060-square-foot executive office building, located at 5638 N Rhett Avenue in North Charleston, South Carolina, presents a unique investment opportunity. Built in 1980 and extensively renovated in 2019, the property boasts a single-story design with 36 parking spaces. Currently operating at 100% occupancy under a NNN lease with one year remaining, the asking price is $1,375,000, representing a 5.00% cap rate. The property is zoned B-2, offering flexible usage potential for office, retail, or other permitted uses. Its convenient location provides easy access to Remount Road, Park Circle, and I-526. The building features a functional floor plan and exterior access point, enhancing its versatility. A video tour and floor plan are available. The property will be delivered vacant, making it ideal for an owner-occupant. For those seeking additional space, the adjacent property is also available for purchase. The Charleston County APN is 473-16-00-034. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving North Charleston location.

    Property Features for 5638 Rhett Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,060 SF

    Building Details

    Year Built/Renovated
    1980/2019
    Buildings
    1
    Stories
    1

    HighLights

    • 3,060 SF executive office building in North Charleston, SC, on 0.7 acres.
    • NNN lease expiring in one year, currently 100% occupied. Asking price: $1,375,000, 5.00% cap rate.
    • B‑2 zoning allows for flexible use (office, retail, etc.).
    • 36 parking spaces and convenient access to major roadways (Remount Road, Park Circle, I‑526).
    • Will be delivered vacant; ideal for owner‑occupant; adjacent property also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9852056
    Latitude
    32.9013482

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 3,060 SF, High Visibility
    Where is this office property / space located?
    The property is located at 5638 Rhett Ave North Charleston, SC.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: 3,060 SF executive office building in North Charleston, SC, on 0.7 acres.; NNN lease expiring in one year, currently 100% occupied. Asking price: $1,375,000, 5.00% cap rate.; B-2 zoning allows for flexible use (office, retail, etc.).
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    North Charleston, SC 29406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5638 Rhett Ave North Charleston, SC 29406
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