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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    117 Carolina Ave Moncks Corner, SC 29461-3734

    • Office buildings
    • 1,562 SF
    • 0.71 lot acres
    OFF-MARKET
    Last Sale
    Jun 15, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-3031034
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bela Amato, Realtor / Real Estate Agent
    • RE/MAX Cornerstone Realty / Real Estate Agent
    • Sefa Group / General Contractor

    Property Details for 117 Carolina Ave

    Year built
    1964
    Lot size
    0.71 lot acres
    Property size
    1,562 SF
    Zone code
    MONCKS CORNER - C-2
    Property type
    Office buildings
    APN
    142-07-05-016
    APU
    1420705016

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moncks Corner
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.0067
    Latitude
    33.1955
    CBSA code
    16700
    CBSA name
    CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,309
    $4,026
    $9,066
    $13,092
    -
    $67,100
    $151,100
    $218,200

    Comparable in this City

    • Value Estimation by Request
      1,410 SF

      390 Hwy 52

      OFFICE BUILDING • 1,410 SF
      390 Hwy 52, Moncks Corner, SC 29461-3921
      View Details
    • Value Estimation
      $1,015,000
      4,342 SF

      2750 Hwy 52

      OFFICE BUILDING • 4,342 SF
      2750 Hwy 52, Moncks Corner, SC 29461
      View Details
    • Value Estimation
      $2,190,000
      9,443 SF

      2900 Main St Ste D

      OFFICE BUILDING • 9,443 SF
      2900 Main St Ste D, Moncks Corner, SC 29461-8451
      View Details
    • Value Estimation by Request
      666 SF

      112 Stoney St

      OFFICE BUILDING • 666 SF
      112 Stoney St, Moncks Corner, SC 29461-3789
      View Details
    • Value Estimation
      $1,205,000
      9,658 SF

      255 Hwy 52

      OFFICE BUILDING • 9,658 SF
      255 Hwy 52, Moncks Corner, SC 29461-3927
      View Details
    • Value Estimation
      $1,100,000
      4,636 SF

      100 Hwy 52

      OFFICE BUILDING • 4,636 SF
      100 Hwy 52, Moncks Corner, SC 29461-3954
      View Details

    Similar Nearby for Sale

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    • $310,000

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      Level, clear 0.77 acre lot with curb cut.
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    • $2,000,000
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      Moncks Corner Land For Sale

      15 acre land parcel in Moncks Corner, South Carolina.
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    • $450,000
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      Moncks Corner Land Opportunity

      Almost 8 acres of R2 zoned land near amenities.
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    Similar Nearby for Lease

    • $18 SF/Yr
      9,450 SF

      Moncks Corner Executive Office Space

      Prime Retail/Office Space Available Now
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    • Contact for pricing
      7,490 SF

      Moncks Corner Medical Office Sublease

      Class A medical office building for sublease in Moncks Corner.
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    • $32 SF/Yr
      8,000 SF

      Medical Office Space Available

      8,000 SF medical office space for lease.
      3508 S Live Oak Dr, Moncks Corner, SC 29461
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    • $16 SF/Yr
      1,000 SF

      Moncks Corner Downtown Office Space

      Prominent building in downtown Moncks Corner with flexible zoning.
      337 E Main St, Moncks Corner, SC 29461
      View Details
    • $41 SF/Yr
      1,368 SF

      Retail Space with Drive-Thru

      1,368 SF retail space with drive-thru in bustling development.
      481 Highway 52 N, Moncks Corner, SC 29461
      View Details
    • $20 SF/Yr
      9,450 SF

      Retail Space in Developing District

      Retail space available in Moncks Corner's developing retail district.
      412-414 Drive In Ln, Moncks Corner, SC 29461
      View Details
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    117 Carolina Ave
    Moncks Corner, SC 29461-3734
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    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
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