Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4540 Rivers Ave North Charleston, SC 29405
    Back to Search
    Property profile & analytics

    4540 Rivers Ave, North Charleston, SC 29405

    View on Map
    • Industrial properties
    • 37,032 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 4540 Rivers Ave

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 37,032 square foot multi-tenant industrial flex space at 4540 Rivers Avenue in North Charleston, South Carolina, offers 14 suites with 7 currently available. Units range from a minimum of 2,267 square feet to a maximum contiguous space of 10,000 square feet, making it ideal for a variety of businesses. The property underwent a complete renovation in 2023, boasting a fresh exterior paint scheme, new landscaping, updated parking lot (including planters and lighting), repaired/replaced roofs, new storefront entryways and awnings, and new monument signage. Located within the I-526 loop, this prime location provides convenient access to all of Charleston's submarkets and is perfectly suited for retail, flex, or showroom uses. The property is situated in Charleston County, South Carolina, with the address 4540 Rivers Ave, North Charleston, SC 29405. This is a fantastic opportunity to secure modern, well-maintained space in a thriving area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9992
    Latitude
    32.874

    Comparable in this City

    • Value Estimation by Request
      9,100 SF

      4465 Tile Dr

      Flex space
      4465 Tile Dr, North Charleston, SC 29405
      View Details
    • Value Estimation by Request
      25,237 SF

      3359 Meeting St

      Distribution properties
      3359 Meeting St, North Charleston, SC 29405
      View Details
    • Value Estimation by Request
      14.52 Acres

      Virginia Ave

      MANUFACTURING (LIGHT)
      Virginia Ave, North Charleston, SC 29405
      View Details
    • Value Estimation by Request

      Greenleaf Rd

      MANUFACTURING (LIGHT)
      Greenleaf Rd, Charleston, SC 29405
      View Details
    • Value Estimation by Request
      2.14 Acres

      1067 Lincoln Ave

      MANUFACTURING (LIGHT)
      1067 Lincoln Ave, North Charleston, SC 29405-3607
      View Details
    • Value Estimation
      $5,725,000
      48,787 SF

      4349 Corporate Rd

      WAREHOUSE, STORAGE
      4349 Corporate Rd, North Charleston, SC 29405-7445
      View Details

    Similar Nearby for Sale

    • $1,100,000

      North Charleston Freestanding Building

      8,500 SF building on 1 acre, prime location.
      4301 Meeting Street Rd, North Charleston, SC 29405
      View Details
    • Contact for pricing
      114,419 SF

      North Charleston Redevelopment Opportunity

      114,419 SF industrial property on 10.72 acres for sale.
      3725 Rivers Ave, N Charleston, SC 29405
      View Details
    • $3,900,000

      Charleston Warehouse/Storage Facility For Sale

      20,000 SF warehouse/storage facility in Charleston's upper peninsula.
      1795 King Street Ext, Charleston, SC 29405
      View Details
    • Contact for pricing
      27,840 SF

      Renovated Warehouse/Office Space For Sale

      27,840 SF renovated warehouse/office on 1.73 acres.
      2532 Spruill Ave, North Charleston, SC 29405
      View Details
    • Contact for pricing
      22,216 SF

      North Charleston Industrial/Distribution Opportunity

      Well-maintained building with office and warehouse space for sale.
      2572 Oscar Johnson Dr, North Charleston, SC 29405
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,958 SF

      Faber Place Flex/Office Space

      Multi-tenant flex/office building with dedicated entrances and parking.
      3820 Faber Place Dr, North Charleston, SC 29405
      View Details
    • Contact for pricing

      Flex Unit For Rent

      Flex unit with warehouse and office space available for rent.
      2894 Pringle St, North Charleston, SC 29405
      View Details
    • $15 SF/Yr

      Turnkey Flex Space Sublease

      2,840 SF flex space with full interior upfit.
      4330 Cheyenne St, North Charleston, SC 29405
      View Details
    • Contact for pricing
      1,510 SF

      North Charleston Flex/Industrial Space

      Flex/industrial space available for rent in North Charleston.
      4340 Spruill Ave, North Charleston, SC 29405
      View Details
    • Contact for pricing
      5,500 SF

      Conveniently Located Flex/Industrial Space

      Flex/industrial space with climate-controlled offices, near airport and station.
      4122 Meeting St, Charleston, SC 29405
      View Details
    • Contact for pricing

      Office/Warehouse Space in Stark Park

      9,200 SF office/warehouse space with dock-high and drive-in doors.
      4273 Domino Ave, North Charleston, SC 29405
      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.
    4540 Rivers Ave
    North Charleston, SC 29405
    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
    4540 Rivers Ave, North Charleston, SC, 29405
    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!