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    Property profile & analytics

    2387 Clements Ferry Rd Charleston, SC 29492

    • Commercial real estate
    • 74,838 SF
    For Lease
    View listing
    $24 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1055952
    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

    • J-Mack Technologies / (Bike/Boat/Book/etc) Store / Corporate Office
    • Booz Allen Hamilton - Charleston Digital Hub / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 2387 Clements Ferry Rd

    Property size
    74,838 SF
    Property type
    Commercial real estate

    Description

    This exceptional executive office space in Charleston, South Carolina, offers a remarkable sublease opportunity. Located at 2387 Clements Ferry Road, zip code 29492, this 74,838 square foot building features two suites, currently entirely vacant. Originally designed for a single tenant, the building has been efficiently divided, offering flexibility for a variety of office configurations. One notable feature is a spacious, approximately 8,100 square foot atrium entrance, leading to a roughly 33,000 square foot wing. The property boasts abundant natural light and ample parking, making it an attractive option for businesses seeking a modern and collaborative work environment. The space is move-in ready, presenting a turnkey solution for companies looking for state-of-the-art facilities. Situated in the rapidly developing Clements Ferry corridor, the location provides easy access to a range of amenities. This is a rare chance to secure a substantial, high-quality office space in a prime Charleston location. The property is classified as an Office building with an Executive Office subtype and is available for multiple tenants.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.915409551637
    Latitude
    32.900095798726

    Comparable in this City

    • $25 SF/Yr
      4,000 SF

      Charleston Office Space for Lease

      1,010 SF Office, Clements Ferry Rd
      2414 Clements Ferry Rd, Wando, SC 29492
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    • $22 SF/Yr
      20,028 SF

      Charleston Executive Office Suite

      Class A Office Space Available Now
      1951 Clements Ferry Rd, Charleston, SC 29492
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    • $27 SF/Yr
      67,000 SF

      The Headquarters Building: Berkeley County

      Class A Office Space, Multiple Tenancies Available
      146 Fairchild St, Charleston, SC 29492
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    • $20 SF/Yr
      1,500 SF

      Office Space on Jessen Lane

      Highly visible office space in a rapidly growing commercial corridor.
      405 Jessen Ln, Charleston, SC 29492
      View Details
    • $15 SF/Yr
      5,250 SF

      Retail/Office Center Near I-526

      Two-story retail/office center in Cainhoy commercial district.
      2030 Wambaw Crk, Charleston, SC 29492
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    • $37 SF/Yr
      18,099 SF

      Daniel Island Move-In Ready Office

      Configurable office suites with comprehensive amenities on Daniel Island.
      2000 Daniel Island Dr, Charleston, SC 29492
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    Similar Nearby for Sale

    • $2,125,000

      Office Suites For Sale

      Ground floor office suites available for purchase.
      670 Marina Dr, Charleston, SC 29492
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    • $5,400,000
      23,532 SF

      Industrial Warehouse with Expansion Potential

      23,532 SF industrial warehouse on 2.10 acres for sale.
      415 Jessen Ln, Charleston, SC 29492
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    • Contact for pricing
      23,532 SF

      Industrial Warehouse with Undeveloped Land

      23,532 SF industrial warehouse on 2.10 acres for sale.
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    • Contact for pricing
      2,300 SF

      Daniel Island Office Space Available

      Class A office suite in desirable Daniel Island location.
      240 Seven Farms Dr, Charleston, SC 29492
      View Details
    • $500,000

      Office Space on Clements Ferry

      Office property available for sale on Clements Ferry Road.
      Clements Ferry Rd, Charleston, SC 29492
      View Details
    • $820,000

      Inviting Condo with Wraparound Porch

      Cozy 3-bedroom condo with modern amenities and outdoor space.
      200 River Landing Dr, Daniel Island, SC 29492
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    Similar Nearby for Lease

    • $34 SF/Yr
      3,158 SF

      Daniel Island Office Condo Suite

      Prime Charleston office space, flexible layout.
      297 Seven Farms Dr, Charleston, SC 29492
      View Details
    • $34 SF/Yr
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      Daniel Island Class A Office

      Class A office space in the heart of Daniel Island.
      109 River Landing Dr, Charleston, SC 29492
      View Details
    • $20 SF/Yr
      1,010 SF

      Clements Ferry Road Office Space

      Second floor office space available for rent in Charleston.
      2414 Clements Ferry Rd, Charleston, SC 29492
      View Details
    • Contact for pricing
      928 SF

      Daniel Island Office/Medical Opportunity

      Office/Medical space in Publix-anchored Daniel Island shopping center.
      162 Seven Farms Dr, Charleston, SC 29492
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    • $25 SF/Yr
      2,300 SF

      Daniel Island Office Space Available

      2,300 SF office space for lease on Daniel Island.
      234 Seven Farms Dr, Daniel Island, SC 29492
      View Details
    • $24 SF/Yr
      78,394 SF

      Furnished Office Building Sublease Opportunity

      Well-appointed, fully furnished office building available for sublease on Daniel Island.
      125 Fairchild St, Charleston, SC 29492
      View Details
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    Charleston, SC 29492
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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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