Technical
Financial
Distress signals
Property profile

242 Mathis Ferry Rd Mount Pleasant, SC 29464

FOR SALE
Office Spaces
Property ID
US77-2553557
Built 2003
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional 3,000 square foot Class A office suite, located at 242 Mathis Ferry Road, Suite 100, Mount Pleasant, SC 29464, offers a prime location near the Ravenel Bridge. Built in 2003, this single-tenant space (APN 5140000184) is ideal for medical or traditional office use. Previously utilized as a medical office, the layout features a spacious reception area, ten private offices or exam rooms, a break room, and three restrooms. The property benefits from excellent visibility with shared monument signage on Mathis Ferry Road and a freestanding sign near the suite entrance. Enjoy convenient access to a wealth of amenities, including Whole Foods Market, Trader Joe's, Harris Teeter, Starbucks, and numerous restaurants and banks. Recreational opportunities at Patriot's Point, Shem Creek, historic Charleston, and Sullivan's Island are also easily accessible. Square footage is approximate and should be verified by the tenant. This is a fantastic opportunity to establish a presence in a thriving Mount Pleasant location.

Property profile

Verified
Property type Office Spaces
Year built 2003
UPID US77-2553557

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Ophthalmologist
  • Physician
  • Ophthalmologist
  • Law Firm
  • Ophthalmologist

Location

242 Mathis Ferry Rd Mount Pleasant, SC 29464
Mount Pleasant metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2017
$820,800
2016
$300,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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