Property profile

320 Broad St Charleston, SC 29401

OFF-MARKET
Commercial real estate
Property ID
US77-3037400
21,152 SF 4.16 ac lot Built 1950
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,130 square foot executive office suite represents the last remaining retail space within The Jasper, a prestigious Class A building in Downtown Charleston's Historic District. Located on the Peninsula, this dark shell space offers a negotiable tenant improvement allowance, providing flexibility for customization. The Jasper is a mixed-use development, boasting approximately 125,000 square feet of commercial space within a six-story building, complemented by 219 adjacent residential units in a twelve-story building. A central, shared parking garage provides convenient access with a total of 532 spaces. This prime location offers unparalleled access to Charleston's vibrant culinary scene, renowned retail experiences, and premier entertainment venues. Nearby landmarks include Broad Street, Market Street, Waterfront Park, The Battery, MUSC, the City Marina, and the College of Charleston. The building's strategic position provides easy access to major roadways, including Lockwood Boulevard and US Highway 17, ensuring seamless connectivity throughout the city. The entire building was constructed in 2020, offering modern amenities and a contemporary aesthetic. This is a truly unique opportunity to establish a presence in one of Charleston's most sought-after locations. The total building size is 175,000 square feet, with multiple tenants already occupying the building.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Total area 21,152 SF
Lot 4.16 ac (181,210 SF)
APN 457-07-01-029
UPID US77-3037400

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
  • Training Center Vocational School
  • Restaurant
  • Medical Clinic
  • Gym & Fitness Center
  • Townhouse Complex

Location

320 Broad St Charleston, SC 29401-1210
Charleston metro Census 100 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$26.28M
Blend (final) Blend
$26.29M

Owner & transaction history

since 2018
6 recorded transactions
2021
Price N/A
2018
Price N/A
2016
Price N/A
2014
Price N/A
2005
$7.7M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $23.3M +27.2%

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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