Technical
Financial
Distress signals
Property profile

1939 Belgrade Ave Ste M Charleston, SC 29407

OFF-MARKET
Warehouses
Property ID
US77-0064339
32,495 SF 3.08 ac lot Built 1976
Entity Owned 24-yr Hold Free & Clear
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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 remaining square footage is adaptable to suit diverse operational needs. The monthly rental rate is $3,850, with utilities to be covered by the tenant. This translates to a price per square foot of $18.48. The property's location within the vibrant Charleston submarket offers excellent access to transportation routes and a thriving business community. This single-tenant occupancy ensures privacy and control over the space, making it an attractive option for businesses seeking a dedicated and efficient workspace. The property is ready for immediate occupancy, providing a seamless transition for businesses looking to establish or expand their operations. Interested parties are encouraged to inquire further to explore this compelling opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1976
Total area 32,495 SF
Lot 3.08 ac (134,165 SF)
APN 350-01-00-002
UPID US77-0064339

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
  • Electrical Service General Contractor
  • Big Box & Wholesale Store Building Supply
  • Film Production Television Studio
  • Interior Design
  • General Contractor Construction Company

Location

1939 Belgrade Ave Ste M Charleston, SC 29407-5799
Charleston metro Census 2701 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
$3.26M
Blend (final) Blend
$2.40M

Owner & transaction history

since 2002
2 recorded transactions
2002
$800,000
1969
Price N/A

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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