Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1136 Hungryneck Blvd Mount Pleasant, SC 29464
    Back to Search
    Property profile & analytics

    1136 Hungryneck Blvd, Mount Pleasant, SC 29464

    View on Map
    • Retail properties & Spaces
    • 15,597 SF
    • 3.34 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Any Lab Test Now / Medical Clinic
    • Sweet Strength Fitness Studio / Gym & Fitness Center
    • Prime Bookkeeping Mount Pleasant / Accounting Firm
    • Low Country ReSale / Furniture & Home Goods
    • Guadalajara Bar & Grill / Restaurant

    Property Details for 1136 Hungryneck Blvd

    Lot size
    3.34 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional retail space, totaling 5,096 square feet, is situated within the highly visible Iron Gate Plaza, a beautifully landscaped neighborhood center in Mount Pleasant, South Carolina. The property boasts a prime corner location on Hungry Neck Boulevard, offering excellent exposure to traffic heading to Isle of Palms and Sullivan's Island. The entire plaza encompasses 15,597 square feet across two buildings, situated on a 3.34-acre lot. This space is immediately available and represents a unique opportunity for businesses seeking high visibility and access to a thriving consumer base. The property is zoned PD and has an APN of 5580000305. The location benefits from its proximity to several key areas, including The Market at Oakland, Mount Pleasant Towne Centre, and Shem Creek, providing easy access to a wide range of shopping, dining, and entertainment options. The area is part of the Charleston/North Charleston MSA, known for its blend of established neighborhoods and thriving commercial districts. This presents a strong opportunity to tap into the vibrant Mount Pleasant community and its rich cultural heritage. The minimum divisible space is 5,096 square feet, making it ideal for a single tenant seeking a substantial presence in this desirable location. The address is 1136 Hungry Neck Blvd, Mount Pleasant, SC 29464, with the cross street being Isle of Palms Connector.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.8235
    Latitude
    32.8295

    Comparable in this City

    • Value Estimation by Request
      5,733 SF

      725 Coleman Blvd

      Restaurants
      725 Coleman Blvd, Mount Pleasant, SC 29464
      View Details
    • Value Estimation by Request
      4,963 SF

      1136 Bowman Rd

      Neighborhood centers
      1136 Bowman Rd, Mount Pleasant, SC 29464
      View Details
    • Value Estimation by Request
      7,020 SF

      1092 Johnnie Dodds Blvd

      Office Spaces
      1092 Johnnie Dodds Blvd, Mount Pleasant, SC 29464
      View Details
    • Value Estimation by Request
      1,800 SF

      Franchise Opportunity Charleston Area Subway Restaurant For Sale

      Restaurants
      0 Franchise Opportunity Charleston Area Subway Restaurant For Sale, Mount Pleasant, SC 29464
      View Details
    • Value Estimation by Request

      1710 Shoremeade Rd

      Retail properties & Spaces
      1710 Shoremeade Rd, Mount Pleasant, SC 29464
      View Details
    • Value Estimation by Request
      100,000 SF

      Grafton St

      Individual retail properties
      0 Grafton St, Mount Pleasant, SC 29464
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      45,145 SF

      5.43 Acres Prime Location

      Redevelopment opportunity in Mount Pleasant with income potential.
      1119 Johnnie Dodds Blvd, Mount Pleasant, SC 29464
      View Details
    • $13,000,000

      Commercial Land with Office/Showroom

      Zoned Area Wide Business with an existing office and showroom/display footprint, offering flexibility for future development in Mt. Pleasant.
      1558 Ben Sawyer Blvd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      63,061 SF

      Class A Mixed-Use Asset

      63,061 SF mixed-use property in Mount Pleasant, SC.
      766 S Shelmore Blvd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      60,809 SF

      East Cooper Medical Office Building

      Medical office building near East Cooper Medical Center for sale.
      1300 Hospital Dr, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      11,120 SF

      Mount Pleasant Office Space Available

      Office space for sale, convenient location near I-526.
      496 Bramson Ct, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      9,649 SF

      Mount Pleasant Office Investment

      Suburban office building in central Mount Pleasant with existing income.
      975 Johnnie Dodds Blvd, Mount Pleasant, SC 29464
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,949 SF

      Mount Pleasant Retail/Office/Medical Space

      3,949 SF space ideal for retail, office, or medical.
      1123 Queensborough Blvd, Mount Pleasant, SC 29464
      View Details
    • $20 SF/Yr
      20,560 SF

      Mount Pleasant Executive Offices

      Class A Office Space for Lease/Sale
      550 Long Point Rd, Mount Pleasant, SC 29464
      View Details
    • $29 SF/Yr
      5,623 SF

      Mount Pleasant Executive Office Suites

      Class A Office Space, 1,317-4,306 SF
      1415 Stuart Engals Blvd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing

      Mount Pleasant Office Space

      Office space available for lease in Mount Pleasant, SC.
      1671 Belle Isle Ave, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing

      Move-in Ready Office/Retail Space

      Office or retail space with on-site parking on Shem Creek.
      103 Church St, Charleston, SC 29464
      View Details
    • Contact for pricing

      Class A Flex Space

      Flex building with showroom/office and fully conditioned warehouse space.
      547 Long Point Rd, Mount Pleasant, SC 29464
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1136 Hungryneck Blvd
    Mount Pleasant, SC 29464
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1136 Hungryneck Blvd, Mount Pleasant, SC, 29464
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!