Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    118 Springhall Dr Goose Creek, SC 29445

    Property Lookup

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

    118 Springhall Dr Goose Creek, SC 29445

    View on Map
    • Medical Office Space
    • 6,380 SF
    For Lease
    View Listing →
    Goose Creek Office Suite Rental For Lease
    Contact for pricing

    Goose Creek Office Suite Rental

    Small office suite in prime Goose Creek location.

    118 Springhall Dr, Goose Creek, SC 29445
    View Listing
    Property ID
    US77-3031044
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 118 Springhall Dr

    Year built
    1980
    Property size
    6,380 SF
    Zone code
    BERKELEY COUNTY - OI
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    243-03-00-011
    APU
    2430300011

    Description

    This exceptional 1,160 square foot medical office suite is ideally situated in Goose Creek, South Carolina, at 118 Springhall Drive, Unit A, 29445. The property is part of a larger 6,380 square foot multi-tenant building boasting a diverse and established tenant mix including medical, engineering, and educational businesses. This prime location offers convenient access to Crowfield Boulevard and St. James Avenue, ensuring high visibility and easy accessibility for patients and clients. The suite itself is highly efficient and ready for immediate occupancy. Ample on-site parking is available for both staff and visitors, along with prominent road signage opportunities to enhance your business presence. The building offers flexible lease terms to accommodate your specific needs. The minimum divisible space is 1,160 square feet, and the maximum contiguous space available is also 1,160 square feet. This presents a fantastic opportunity for a medical practice or related business seeking a well-located, functional, and easily accessible office space in a thriving community. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Goose Creek
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.0544
    Latitude
    33.0089
    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
    $10,880
    $5,724
    $28,969
    $34,693
    -
    $140,000
    $708,500
    $848,500

    Comparable in this City

    • Value Estimation by Request
      6,250 SF

      120 Springhall Dr, Unit A

      MEDICAL BUILDING • 6,250 SF
      120 Springhall Dr, Goose Creek, SC 29445-5335
      View Details
    • Value Estimation by Request
      2,318 SF

      425 Red Bank Rd

      MEDICAL BUILDING • 2,318 SF
      425 Red Bank Rd, Goose Creek, SC 29445-4505
      View Details
    • Value Estimation
      $1,805,000
      14,204 SF

      7 Alliance Dr

      MEDICAL BUILDING • 14,204 SF
      7 Alliance Dr, Goose Creek, SC 29445-7269
      View Details
    • Value Estimation by Request
      4,732 SF

      103 Springhall Dr

      MEDICAL BUILDING • 4,732 SF
      103 Springhall Dr, Goose Creek, SC 29445-5336
      View Details
    • Value Estimation by Request
      1,350 SF

      114 Springhall Dr

      MEDICAL BUILDING • 1,350 SF
      114 Springhall Dr, Goose Creek, SC 29445-5335
      View Details
    • Value Estimation by Request
      4,221 SF

      105 Springhall Dr

      MEDICAL BUILDING • 4,221 SF
      105 Springhall Dr, Goose Creek, SC 29445-5370
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,427 SF

      Goose Creek Office Suites Available

      Office suites for sale or lease in Goose Creek.
      597 Old Mount Holly Rd, Goose Creek, SC 29445
      View Details
    • Contact for pricing
      11,323 SF

      Corner Office Building with Parking

      Office building with abundant parking and diverse tenant mix.
      597 Old Mount Holly Rd, Goose Creek, SC 29445
      View Details
    • $409,000
      2,375 SF

      Twin Garden Home with Pool

      Well-maintained home with pool, flex space, and community amenities.
      108 Dresden Dr, Goose Creek, SC 29445
      View Details
    • Contact for pricing
      4,067 SF

      Office Condo Suite Opportunity

      Office condo suite with unfinished shell space available for sale.
      597 Old Mount Holly Rd, Goose Creek, SC 29445
      View Details
    • $499,000
      12.00 Acres

      Goose Creek Prime Land

      12 acres of land in Goose Creek, South Carolina.
      112 Wright Ln, Goose Creek, SC 29445
      View Details
    • $200,000
      0.46 Acres

      Residential Lot in Goose Creek

      Buildable residential lot in high-demand Goose Creek neighborhood.
      Old Back River Rd, Goose Creek, SC 29445
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Goose Creek Office Suite Rental

      Small office suite in prime Goose Creek location.
      118 Springhall Dr, Goose Creek, SC 29445
      View Details
    • $19 SF/Yr
      7,053 SF

      Retail Space in Goose Creek

      End-cap retail unit in a well-located shopping center.
      428 Red Bank Rd, Goose Creek, SC 29445
      View Details
    • $19 SF/Yr

      Retail Space in Goose Creek

      End-cap retail space in a well-located shopping center.
      428 Red Bank Rd, Goose Creek, SC 29445
      View Details
    • $11 SF/Yr
      8,450 SF

      Retail Suites in Goose Creek

      Retail suites available for lease in Goose Creek, SC.
      1316 Red Bank Rd, Goose Creek, SC 29445
      View Details
    • $11 SF/Yr

      Retail Space in Goose Creek

      Retail suites available for lease in Goose Creek, SC.
      1316 Red Bank Rd, Goose Creek, SC 29445
      View Details
    • $6 SF/Yr
      60,000 SF

      Charleston Distribution Space Sublease

      60,000 SF distribution space available for sublease in Charleston.
      6 Corporate Pkwy, Goose Creek, SC 29445
      View Details
    View Listing
    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.
    118 Springhall Dr
    Goose Creek, SC 29445
    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

    118 Springhall Dr, Goose Creek, SC, 29445

    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!