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Financial
Distress signals
Property profile

2049 Savannah Hwy Charleston, SC 29407

FOR LEASE
Retail space
Property ID
US77-0080347
36,700 SF 3.89 ac lot Built 1975
Last sale Feb 2017 · $3,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

West Island Center, located at 2049 Savannah Hwy in Charleston, SC 29407, offers exceptional retail space. This single-story, 6,000 square foot building, constructed in 1975 (APN 3100800010), features 18 suites and boasts a prime location at the intersection of Mark Clark Expressway and Savannah Highway, providing easy access to Hwy 17 and I-526. Two adjacent vacant units are immediately available: Unit 40 (2,200 sq ft) and Unit 50 (3,950 sq ft), offering a combined maximum contiguous space of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$218k
Effective rate31.19%

Value estimate

· Oct 2026
$7.44M
$6.69M – $8.18M
Submarket $/SF estimate$4.38M
NOI build-up
Gross scheduled income$776k
Vacancy & credit loss−$65k
Operating expenses−$213k
NOI · 2,487,695.00% cap applied$498k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$226/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$119 – $342

Cap rate analysis

How does the asset earn?
2,487,695.00%
$498k 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: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply18.3
Wholesale Shop15.9
Parking Facility14.7

Location

2049 Savannah Hwy Charleston, SC 29407
County assessor Recorded deeds · 6 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
43 Sumar, Charleston, SC 29407-5001 $1,095,259 Dec 2024 33,756 SF
1141 Sam Rittenberg, Charleston, SC 29407 $38,608,767 Oct 2024 47,888 SF
65 Sycamore, Charleston, SC 29407-6774 $11,450,000 Dec 2023 28,015 SF
1119 Wappoo, Charleston, SC 29407-5941 $12,750,000 Mar 2022 49,699 SF
1610 Sam Rittenberg, Charleston, SC 29407-4931 $7,750,000 Nov 2021 60,397 SF
1750 Sam Rittenberg, Charleston, SC 29407-4949 $4,200,000 Dec 2020 35,892 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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