Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    334 E Bay St Charleston, SC 29401
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    334 E Bay St Charleston, SC 29401

    View on Map
    • Retail space
    • 14,768 SF
    • 1.38 lot acres
    For Lease
    $36 SF/Yr
    View Listing →
    334 E Bay St, Charleston, SC For Lease
    $36 SF/Yr

    334 E Bay St, Charleston, SC

    Prime retail location in downtown Charleston with ample parking.

    334 E Bay St, Charleston, SC 29401
    View Listing
    Property ID
    US77-0663883
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • International Pilates Center / Gym & Fitness Center
    • Mia Maness Law / Law Firm
    • ROGGE + ASSOCIATES / Consultant
    • Wedding Photographers Charleston / Wedding Service / Photography Service
    • Carolina Construction & Design, Charleston - Summerville SC / General Contractor

    Property Details for 334 E Bay St

    Year built
    1990
    Lot size
    1.38 lot acres
    Property size
    14,768 SF
    Property type
    Retail space
    APN
    458-01-02-019
    APU
    4580102019

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,050,000
      Market price range: $1.76M - $5.05M
      AI Estimate
      $3,119,000
      Market price range: $756k - $3.12M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,345,000
      Current use
      OFFICE BUILDING
      $5,605,000
      Change: +68% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9289
    Latitude
    32.7876
    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
    $100,472
    $0.00
    $0.00
    $332,890
    -
    $13,525,200
    $400
    $13,525,600

    Comparable in this City

    • Value Estimation
      $3,655,000
      40,463 SF

      290 Bay St

      RETAIL STORES (PERSONAL SERVICES) • 40,463 SF
      290 Bay St, Charleston, SC 29401-1623
      View Details
    • Value Estimation by Request
      9,683 SF

      73 Market St

      Individual retail properties • 9,683 SF
      73 Market St, Charleston, SC 29401
      View Details
    • Value Estimation by Request
      3.00 Acres

      238 Bay St

      RETAIL STORES (PERSONAL SERVICES) • 3.00 Acres
      238 Bay St, Charleston, SC 29401-2606
      View Details
    • Value Estimation by Request
      1,064 SF

      71 Wentworth St

      Individual retail properties • 1,064 SF
      71 Wentworth St, Charleston, SC 29401
      View Details
    • Value Estimation by Request
      1,086 SF

      184 Bay St

      Restaurants • 1,086 SF
      184 Bay St, Charleston, SC 29401
      View Details
    • Value Estimation by Request

      23 Burns Ln, Unit 25

      PARKING LOT
      23 Burns Ln, Charleston, SC 29401
      View Details

    Similar Nearby for Sale

    • $5,500,000
      11,752 SF

      Historic Charleston Four-Unit Building

      Restored four-unit building in Charleston's Historic District.
      241 East Bay St, Charleston, SC 29401
      View Details
    • Contact for pricing
      4,167 SF

      Rutledge Avenue Mixed-Use Building

      Mixed-use property with retail and residential units in Charleston.
      107 Rutledge Ave, Charleston, SC 29401
      View Details
    • Contact for pricing
      3,355 SF

      King Street Retail Investment Property

      Two-story retail property in Charleston's prime retail district.
      345 King St, Charleston, SC 29401
      View Details
    • $3,650,000
      2,890 SF

      Turn-Key Restaurant in Historic District

      Restaurant opportunity in downtown Charleston's historic French Quarter District.
      5 Cumberland St, Charleston, SC 29401
      View Details
    • $1,150,000
      0.09 Acres

      Historic Service Station in Charleston

      Unique commercial property in downtown Charleston's Harleston Village.
      80 Ashley Ave, Charleston, SC 29401
      View Details
    • $2,650,000
      4,923 SF

      Historic Charleston Mixed-Use Building

      Three-story mixed-use building in Charleston's historic commercial corridor.
      59 Broad St, Charleston, SC 29401
      View Details

    Similar Nearby for Lease

    • $45 SF/Yr
      2,030 SF

      Retail Space Near College

      Retail spaces for lease near the College of Charleston.
      55 George St, Charleston, SC 29401
      View Details
    • $45 SF/Yr
      3,641 SF

      Prime Retail Space on George

      Retail space for lease in downtown Charleston near King Street.
      51 George St, Charleston, SC 29401
      View Details
    • $32 SF/Yr
      9,677 SF

      Wentworth Street Retail/Fitness Opportunity

      Retail or fitness space available in Charleston's shopping district.
      69 Wentworth St, Charleston, SC 29401
      View Details
    • $85 SF/Yr
      1,825 SF

      Prime Retail Space on King

      Retail space in Charleston's prime shopping district for lease.
      338 King St, Charleston, SC 29401
      View Details
    • $32 SF/Yr
      4,786 SF

      Prime Retail Space in Charleston

      Restaurant-ready space in Charleston's French Quarter.
      215 East Bay St, Charleston, SC 29401
      View Details
    • $55 SF/Yr
      2,200 SF

      King Street Retail Opportunity

      Free-standing building in Charleston's 'Dine & Design District'.
      561 King St, Charleston, SC 29401
      View Details
    View Listing
    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.
    334 E Bay St
    Charleston, SC 29401
    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.
    Sign Up Successful!
    You now have access to more from Realmo!