Property profile

1010 Old Highway 52 Moncks Corner, SC 29461

FOR SALE
Super regional malls
Property ID
US77-0131112
8,000 SF 0.7 ac lot Built 1983
Trust Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully leased shopping center in Moncks Corner, South Carolina, at 1010 Old Hwy 52, zip code 29461. Currently boasting a 100% occupancy rate and a strong net operating income (NOI) of $84,000, resulting in a compelling 6.46% capitalization rate, this multi-tenant property is priced at $1,300,000. The property primarily operates under gross lease agreements, offering a significant upside potential. As lease renewals approach in 2024, there's a prime opportunity to transition to triple-net (NNN) leases and increase rental rates, currently slightly below market value. This presents a clear path to enhance profitability. The seller is also open to packaging this property with another fully leased strip mall located at 102 Berkeley Square Ln. in Berkeley County. This presents a unique opportunity to acquire a portfolio of stable, high-performing retail assets in a desirable South Carolina location. This is an excellent opportunity for investors seeking strong cash flow and future appreciation.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1983
Total area 8,000 SF
Lot 0.7 ac (30,492 SF)
Zoning code MONCKS CORNER - C-2
APN 142-00-01-044
UPID US77-0131112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Spa & Massage Center Skin Care Clinic
  • Church
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store

Location

1010 Old Highway 52 Moncks Corner, SC 29461
Moncks Corner metro Census 20506 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$945k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2001
$350,000

Zoning & alternative use

MONCKS CORNER - C-2 · Moncks Corner, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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