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Property profile & analytics
OFF-MARKET Estimated value $2,400,000
Warehouses

1939 Belgrade Ave Ste M Charleston, SC 29407-5799

32,495 SF 3.08 ac lot Built 1976
Entity Owned 24-yr Hold Free & Clear
Property ID
US77-0064339
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Litecraft Lighting Electrical Service General Contractor
  • GutterGuy GutterSupply Big Box & Wholesale Store Building Supply
  • 7 Cinematics Film Production Television Studio
  • Southern Charm Staging Interior Design
  • Advantage Elevator System General Contractor Construction Company
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
Charleston Palm LLC · 24 yrs held
Charleston Palm LLC
since 2002
2 recorded transactions
2002
$800,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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