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Financial
Distress signals
Property profile

1939 Belgrade Ave Charleston, SC 29407

FOR LEASE
Warehouses
Property ID
US77-0064339
32,495 SF 3.08 ac lot Built 1976
Last sale Apr 2002 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,500-square-foot flex space, identified as Unit 9, presents a fantastic opportunity in the Charleston submarket. The property is classified as industrial and features a single-tenant occupancy. The space boasts a functional layout, ideal for a variety of businesses requiring a blend of office and warehouse space. Specifically, the unit includes 100 square feet of dedicated office area, providing a professional environment for administrative tasks and client meetings. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$93k
Effective rate41.08%

Value estimate

· Oct 2026
$2.40M
$2.16M – $2.64M
Submarket $/SF estimate$3.26M
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$6k
Operating expenses−$12k
NOI · 146,162.16% cap applied$27k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$100 – $199

Cap rate analysis

How does the asset earn?
146,162.16%
$27k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHARLESTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.0
Butcher8.4
Locksmith8.2

Location

1939 Belgrade Ave Charleston, SC 29407
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 14 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1861 Ashley Riv, Charleston, SC 29407-4740 $17,900,000 Jan 2022 No data
1856 Belgrade, Charleston, SC 29407-5775 $3,800,000 Feb 2021 19,700 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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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