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

    2126 Henry Tecklenburg Dr Charleston, SC 29414-5798

    • Turn key restaurants
    • 6,423 SF
    • 1.58 lot acres
    OFF-MARKET
    Value Estimations
    $2,575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0803896
    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.

    Current Use by Public Records

    • O'Charley’s Restaurant & Bar / Bar & Grill / American Restaurant

    Property Details for 2126 Henry Tecklenburg Dr

    Year built
    2001
    Lot size
    1.58 lot acres
    Property size
    6,423 SF
    Property type
    Turn key restaurants
    APN
    309-00-00-024
    APU
    3090000024

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,306,000
      Market price range: $1.79M - $5.23M
      AI Estimate
      $1,841,000
      Market price range: $817k - $3.18M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $3,660,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.0445
    Latitude
    32.8115
    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
    2023
    $59,748
    $0.00
    $0.00
    $172,700
    -
    $1,148,000
    $1,892,000
    $3,040,000

    Comparable in this City

    • Value Estimation
      $2,515,000
      3,839 SF

      2013 Magwood Dr

      RESTAURANT • 3,839 SF
      2013 Magwood Dr, Charleston, SC 29414-5729
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    • Value Estimation
      $2,085,000
      10,131 SF

      688 Citadel Hvn Dr

      RESTAURANT • 10,131 SF
      688 Citadel Hvn Dr, Charleston, SC 29414-5642
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    • Value Estimation
      $1,945,000
      3,220 SF

      2007 Magwood Dr

      RESTAURANT • 3,220 SF
      2007 Magwood Dr, Charleston, SC 29414-5729
      View Details
    • Value Estimation
      $980,000
      1,499 SF

      3418 Shelby Ray Ct

      RESTAURANT • 1,499 SF
      3418 Shelby Ray Ct, Charleston, SC 29414-5838
      View Details
    • Value Estimation
      $1,170,000
      3,109 SF

      2563 Ashley Riv Rd

      RESTAURANT • 3,109 SF
      2563 Ashley Riv Rd, Charleston, SC 29414-4606
      View Details
    • Value Estimation
      $1,600,000
      3,456 SF

      3476 Shelby Ray Ct

      RESTAURANT • 3,456 SF
      3476 Shelby Ray Ct, Charleston, SC 29414-5838
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9 SF

      Retail Space in Bees Ferry

      1,300 SF suite in vibrant neighborhood shopping center.
      2875 Bees Ferry Rd, Charleston, SC 29414
      View Details
    • $3,700,000

      Retail Property For Sale

      Retail property available for purchase.
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      9.25 Acres

      Bees Ferry Road Commercial Land

      Charleston SC commercial land, 9.25 acres
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      40 SF

      Retail Space in West Ashley

      Retail or professional suite available in rejuvenated West Ashley strip center.
      2408 Ashley River Rd, Charleston, SC 29414
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    • $1,600,000
      6.32 Acres

      Charleston Commercial Land Opportunity

      6.32 acres, prime West Ashley location.
      0 Henry Tecklenburg Dr, Charleston, SC 29414
      View Details
    • $600,000
      0.87 Acres

      Charleston Medical Office Land

      0.87-acre pad-ready site, build-to-suit option.
      2077 Charlie Hall Blvd, Charleston, SC 29414
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    Similar Nearby for Lease

    • $33 SF/Yr
      1,256 SF

      Retail Space in West Ashley

      Retail space available in West Ashley Circle Shopping Center.
      3861 W Ashley Cir, Charleston, SC 29414
      View Details
    • $16 SF/Yr
      2,250 SF

      Retail Space on Savannah Highway

      Retail space available for lease on Savannah Highway.
      2280-2282 Savannah Hwy, Charleston, SC 29414
      View Details
    • Contact for pricing
      15,074 SF

      Charleston Retail Property For Rent

      Retail property in Charleston County with high residential growth.
      2245 Ashley Crossing Dr, Charleston, SC 29414
      View Details
    • $33 SF/Yr
      2,983 SF

      Retail Space Near Harris Teeter

      Retail space anchored by Harris Teeter in high-growth West Ashley.
      3879 W Ashley Cir, Charleston, SC 29414
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    • $42 SF/Yr
      3,500 SF

      Retail/Office Space in West Ashley

      3,500 SF retail/office space for lease or sale.
      W Ashley Cir, Charleston, SC 29414
      View Details
    • $19 SF/Yr
      1,432 SF

      Charleston Retail Space Available

      Prime West Ashley location, 1,432 SF retail suite.
      2408 Ashley River Rd, Charleston, SC 29414
      View Details
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    Charleston, SC 29414-5798
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    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
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