Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2500 Clements Fry Rd Ste F Wando, SC 29492-7757

    • Commercial real estate
    • 22,720 SF
    • 3.50 lot acres
    OFF-MARKET
    Last Sale
    Aug 11, 2021
    Value Estimations
    $4,435,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2865791
    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

    • Commercial real estate

    Property Details for 2500 Clements Fry Rd Ste F

    Year built
    2007
    Lot size
    3.50 lot acres
    Property size
    22,720 SF
    Zone code
    BERKELEY COUNTY - GC
    Property type
    Commercial real estate
    APN
    271-00-01-196
    APU
    2710001196

    Description

    This exceptional 2,800 square foot retail space is available for lease at the Green Myers Retail Center, situated at 2500 Clements Ferry Road in Berkeley County. The property is part of a larger 22,720 square foot retail center strategically located off the heavily trafficked Clements Ferry Road within the Cainhoy commercial district. This single-tenant space offers immediate occupancy with no existing tenants. The building is well-maintained and presents a fantastic opportunity for a business seeking high visibility and accessibility. Ample parking is available for customers and employees, ensuring convenient access to the property. The property type is classified as commercial retail, making it suitable for a wide range of businesses. The location within the Cainhoy commercial district offers strong potential for customer traffic and business growth. This is a rare opportunity to secure a prime retail space in a thriving commercial area. The entire 2,800 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's excellent condition and prime location make it an attractive investment for any business seeking to establish or expand its presence in the area. Interested parties are encouraged to inquire promptly.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $5,110,000
      6.5%
      $4,720,000
      7%
      $4,380,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,013,000
      Market price range: $1.60M - $6.41M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,900,000
      Current use
      OFFICE BUILDING
      $7,190,000
      Change: +84% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $6,445,000
      Change: +65% Conversion: Difficult
      RETAIL STORES
      $4,135,000
      Change: +6% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,930,000
      Change: +1% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Wando
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.9238
    Latitude
    32.8958
    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
    $49,541
    $76,958
    $123,501
    $200,459
    -
    $1,969,100
    $3,160,000
    $5,129,100

    Comparable in this City

    • Value Estimation by Request
      35.00 Acres

      2075 Clements Ferry Rd

      Land • 35.00 Acres
      2075 Clements Ferry Rd, Wando, SC 29492
      View Details
    • Value Estimation
      $2,930,000
      12,000 SF

      475 Jessen Ln, Unit 100

      COMMERCIAL (GENERAL) • 12,000 SF
      475 Jessen Ln, Wando, SC 29492-8959
      View Details
    • Value Estimation
      $1,935,000
      9,108 SF

      1040 Legrand Blvd Ste A

      COMMERCIAL (GENERAL) • 9,108 SF
      1040 Legrand Blvd Ste A, Wando, SC 29492-8083
      View Details
    • Value Estimation
      $1,585,000
      8,520 SF

      648 Marina Dr

      COMMERCIAL (GENERAL) • 8,520 SF
      648 Marina Dr, Wando, SC 29492-7624
      View Details
    • Value Estimation
      $2,140,000
      9,100 SF

      1042 Legrand Blvd, Unit A

      COMMERCIAL (GENERAL) • 9,100 SF
      1042 Legrand Blvd, Wando, SC 29492-7985
      View Details
    • Value Estimation by Request
      1.16 Acres

      2386 Clements Ferry Rd

      Retail properties • 1.16 Acres
      2386 Clements Ferry Rd, Charleston, SC 29492
      View Details

    Similar Nearby for Sale

    • $2,195,000
      7.68 Acres

      Charleston Waterfront Land - $2.195M

      7.68 Acres, R1-MM Zoning, High & Dry
      0 Saint Thomas Island Dr, Wando, SC 29492
      View Details
    • $275,000
      2.82 Acres

      Charleston Industrial Land - 2.82 Acres

      Prime Charleston industrial land, ideal for development.
      0 Forrest Dr, Charleston, SC 29492
      View Details
    • $2,125,000

      Office Suites For Sale

      Ground floor office suites available for purchase.
      670 Marina Dr, 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
      View Details
    • $750,000
      1.25 Acres

      Beresford Hall Homesite Opportunity

      Stunning 1.25-acre homesite in sought-after Charleston community.
      201 Grand Park Blvd, Charleston, SC 29492
      View Details
    • $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
      View Details

    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
      12,550 SF

      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
    • $21 SF/Yr
      1,800 SF

      Flex Warehouse Space For Rent

      Flex warehouse space in Charleston, SC, with dock high loading.
      420 Brandam Ln, Wando, SC 29492
      View Details
    • $7,500 /Mo
      2 SF

      Clements Ferry Road Storage Yard

      Proposed container/storage yard for lease near major transportation routes.
      489 Deanna Ln, Charleston, SC 29492
      View Details
    • $21 SF/Yr
      21,600 SF

      Flex Space with Truck Dock

      Flex space available for lease with convenient truck dock access.
      420 Brandam Ln, Charleston, SC 29492
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2500 Clements Fry Rd Ste F
    Wando, SC 29492-7757
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.