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    106 M.l King Jr Blvd Saint Stephen, SC 29479

    For Lease
    $144 SF/Yr

    High-traffic location, 1,500 sq ft available.

    Lot size:
    5,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail space, located at 106 M.L. King Jr Blvd in Saint Stephen, South Carolina, 29479, presents a fantastic opportunity for a discerning tenant. The property, known as Saint Stephen Plaza, is a single-tenant, Class B building totaling 5,900 square feet, situated on 1.5 acres of land. Built in 1991 and renovated in 2017, the one-story structure offers 1,500 square feet of immediately available space. The property boasts ample parking with 50 spaces available. Utilities are provided by Santee Cooper. The zoning is Commercial, and the property is conveniently located near Hwy 52, ensuring high visibility and accessibility. The building is ideal for a variety of retail uses, with the owner expressing particular interest in a tobacco or vape shop. A significant incentive is offered to qualified applicants: the first month's rent is free to allow for tenant improvements. This prime location in Saint Stephen offers high traffic flow, making it an excellent opportunity for a business seeking strong visibility and customer reach. The property is conveniently located on M.L. King Jr Blvd, near Hwy 52.

    Property Features for 106 M.l King Jr Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,900 SF
    Class
    B
    Total Rate
    70800

    Building Details

    Year Built/Renovated
    1991/2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,500 SF
    Rate per SF
    $144

    HighLights

    • Excellent building condition and clean surrounding area.
    • High visibility with ample signage space.
    • Abundant parking with excellent lighting and security cameras.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Saint Stephen
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.927816820492
    Latitude
    33.408592690626

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, 1,500 sq ft available.
    Where is this individual retail property located?
    The property is located at 106 M.l King Jr Blvd Saint Stephen, SC.
    What is the lease rate?
    The lease rate is $144 SF/Yr.
    What are key features of this property?
    This property features: Excellent building condition and clean surrounding area.; High visibility with ample signage space.; Abundant parking with excellent lighting and security cameras.
    Request Owner's contact information
    106 M.l King Jr Blvd Saint Stephen, SC 29479
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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
    106 M.l King Jr Blvd Saint Stephen, SC 29479
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