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Property profile & analytics
OFF-MARKET Estimated value $12,410,000
Office buildings

2260 Noisette Blvd North Charleston, SC 29405

28,125 SF 1.87 ac lot Built 1950
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-1087522
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 28,125 SF
Lot 1.87 ac (81,457 SF)
APN 400-00-00-053
UPID US77-1087522
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.82M
Blend (final) Blend
$12.41M
Owner & transaction history
Riverfront Property Company LLC · 4 yrs held
Riverfront Property Company LLC
since 2021
Last sale
$12.0M
7 recorded transactions
2021
$12.0M
2020
Price N/A
2015
$2.7M
2011
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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