5117 Dorchester Rd North Charleston, SC 29418
- Commercial real estate
- 7,056 SF
- 1.03 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5117 Dorchester Rd
- Year built
- 1975
- Lot size
- 1.03 lot acres
- Property size
- 7,056 SF
- Property type
- Commercial real estate
- APN
- 408-15-00-061
- APU
- 4081500061
Description
Academy Plaza, a vibrant retail center built in 2001, offers two exceptional spaces for lease, totaling 2,142 square feet of vacant space. Located on Dorchester Road, this property boasts excellent visibility and a strong tenant mix, ensuring high foot traffic and a thriving commercial environment. The center is zoned for General Business (APN: 408-15-00-061), providing flexibility for a variety of retail uses. Currently, successful businesses such as EL TRIUNFO (a well-established Mexican grocery store), Hazel & Hanks Gourmet Market, a Women's Boutique, and Taste of Thai Express call Academy Plaza home. This diverse tenant mix creates a synergistic atmosphere, attracting a broad customer base. The available spaces range in size, offering options to suit various business needs. One space measures 1,210 square feet, while the other encompasses 2,142 square feet. This prime location and established tenant base make Academy Plaza an exceptional opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property's strategic placement on Dorchester Road ensures maximum exposure to potential customers, contributing to a high return on investment. The existing tenants are well-established and contribute to a vibrant and successful shopping center. This is a rare opportunity to join a thriving retail community in a highly visible location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,950,000
- 6.5%
- $1,865,000
- 7%
- $2,245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,225,000
- Geo Method
- $2,075,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,610,000
- Retail
- $1,805,000
- Mixed-Use
- $2,160,000
- Hospitality
- $1,755,000
- Educational
- $1,705,000
- Residential Income
- $2,160,000
- Energy
- $1,805,000
- Income-Based Land
- $1,910,000
- Food Service
- $1,900,000
Location Insight
- Map
- Local Demand
- City
- North Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -80.0378
- Latitude
- 32.8553
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
