2260 Noisette Blvd North Charleston, SC 29405
- Office buildings
- 28,125 SF
- 1.87 lot acres
Current Use by Public Records
- Office buildings
Property Details for 2260 Noisette Blvd
- Year built
- 1950
- Lot size
- 1.87 lot acres
- Property size
- 28,125 SF
- Property type
- Office buildings
- APN
- 400-00-00-053
- APU
- 4000000053
Description
This unique offering presents a prime development and redevelopment opportunity within the thriving North Charleston Navy Yard. The property encompasses a 1.47-acre parcel zoned PD (Planned Development), allowing for diverse uses including mixed-use, multi-family, office, and hotel developments. An eight-story height district is permitted for new construction on this site. Also included is a vacant, 158,000-square-foot, six-story pre-cast concrete building, featuring Brutalist architecture, escalators, and an auditorium, presenting potential for adaptive reuse or redevelopment as a rooftop venue. This historic building formerly served as the U.S. Navy's Engineering-Management building. The property benefits from its location within a Qualified Opportunity Zone (OZ), making it eligible for federal and state tax credits. This exceptional opportunity is situated within a larger 70+ acre redevelopment project of a former U.S. Navy base, placing it at the epicenter of ongoing revitalization efforts in a high-barrier-to-entry Charleston market. The adjacent 1.47-acre parcel offers significant potential for ground-up development. The address is 2260 Noisette Blvd, North Charleston, SC 29405, in Charleston County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $16,515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $12,455,000
- 6.5%
- $11,120,000
- 7%
- $11,260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $13,000,000
- Geo Method
- $10,295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,910,000
- Retail
- $9,750,000
- Mixed-Use
- $11,700,000
- Hospitality
- $13,065,000
- Educational
- $9,855,000
- Residential Income
- $10,875,000
- Energy
- $11,050,000
- Income-Based Land
- $10,805,000
- Food Service
- $12,945,000
Location Insight
- Map
- Local Demand
- City
- North Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9705
- Latitude
- 32.8657
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
