5401 Netherby Ln North Charleston, SC 29420
- Retail properties
- 2,000 SF
Current Use by Public Records
- Retail properties
Property Details for 5401 Netherby Ln
- Year built
- 2000
- Property size
- 2,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This 2,000-square-foot vacant commercial property, located at 5401 Netherby Ln #901 in North Charleston, South Carolina, presents a unique investment opportunity. Built in 2000 and classified as a Class B building, this fee-simple property boasts a desirable B-1 Limited Business zoning, allowing for diverse uses, including medical offices and light retail. The property is situated within Lenhart Professional Park, a well-established center with a diverse tenant mix, including medical offices, a spa, restaurant, and a yoga studio, demonstrating strong existing demand. The location benefits from high visibility on the Dorchester Road corridor, experiencing approximately 37,000 cars daily. The property's pro-forma net operating income (NOI) is $48,000. North Charleston's robust economy, driven by major employers in aerospace, automotive, defense, and manufacturing, provides a stable and growing market. Excellent infrastructure, including major highways and the Charleston International Airport, further enhances the property's appeal. The asking price is $649,000. This owner-user investment presents a compelling opportunity to establish a business in a thriving location with strong potential for return. The property's single unit and vacant status offer immediate occupancy and customization options. The property's APN is 171-13-00-018 and the zip code is 29420.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Charleston
- County
- Dorchester
- State
- South Carolina
- Longitude
- -80.1202
- Latitude
- 32.9196
