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    3609 River Rd Johns Island, SC 29455
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    Property profile & analytics

    3609 River Rd, Johns Island, SC 29455

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    • Warehouses
    • 672 SF
    • 11.45 lot acres
    For Lease
    $12 SF/Yr
    View Listing →
    Functional Space in Sea Island For Lease
    $12 SF/Yr
    2,710 SF

    Functional Space in Sea Island

    2,710 SF warehouse and office space for lease.

    3609 River Road, Johns Island, SC 29455
    View Listing
    Property ID
    US77-0077311
    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

    • AguaSeal Waterproofing Systems / Hardware & Home Improvement / Construction Company
    • JG Custom Built / General Contractor
    • Ecofoam Insulation & Coatings / General Contractor / Renovation Specialist
    • Cessco Inc / Health
    • Linda's Tienda mexicana / Department Store

    Property Details for 3609 River Rd

    Year built
    1988
    Lot size
    11.45 lot acres
    Property type
    Warehouses
    APN
    275-00-00-109
    APU
    2750000109

    Description

    Sea Island Business Park, located in the West Ashley submarket of Johns Island, offers two exceptional flex spaces for lease. This property is under new ownership and has recently undergone complete renovations. The park features two available units ideal for a variety of businesses. Suite 102 boasts 4,610 square feet of warehouse/flex space, perfect for businesses needing ample storage and workspace. This unit includes two drive-in doors for easy loading and unloading, one restroom, and a dedicated office area. The warehouse area features impressive 16-foot ceiling heights, providing significant vertical storage capacity. Alternatively, Suite 250 offers 2,476 square feet of warehouse/flex space, including one drive-in door and a 300-square-foot office. Both suites are ready for immediate occupancy, offering a blend of modern functionality and convenient access within the thriving West Ashley business community. The property's multiple tenancy structure ensures a diverse and dynamic environment. Inquire today to learn more about these exceptional opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Johns Island
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.0522
    Latitude
    32.6715
    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
    $41,065
    $0.00
    $0.00
    $133,630
    -
    $1,300,000
    $1,400,000
    $2,700,000

    Comparable in this City

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      29,400 SF

      3480 Mcleod Ml Rd

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      3480 Mcleod Ml Rd, Johns Island, SC 29455-7834
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    • Value Estimation
      $10,780,000
      28,188 SF

      3275 Maybank Hwy

      WAREHOUSE, STORAGE
      3275 Maybank Hwy, Johns Island, SC 29455
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    • Value Estimation
      $2,550,000
      24,651 SF

      680 Bear Swamp Rd

      WAREHOUSE, STORAGE
      680 Bear Swamp Rd, Johns Island, SC 29455-7951
      View Details
    • Value Estimation
      $3,280,000
      15,440 SF

      926 Main Rd

      WAREHOUSE, STORAGE
      926 Main Rd, Johns Island, SC 29455-3421
      View Details
    • Value Estimation
      $9,925,000
      68,211 SF

      3665 Bohicket Rd

      WAREHOUSE, STORAGE
      3665 Bohicket Rd, Johns Island, SC 29455-7270
      View Details
    • Value Estimation
      $1,670,000
      7,608 SF

      32 Sora Rail Rd

      WAREHOUSE, STORAGE
      32 Sora Rail Rd, Kiawah Island, SC 29455-5648
      View Details

    Similar Nearby for Sale

    • $2,200,000
      6.45 Acres

      Johns Island Acreage Opportunity

      6.45 acres on Betsy Kerrison Parkway, Johns Island.
      4131 Betsy Kerrison Pkwy, Johns Island, SC 29455
      View Details
    • $1,250,000

      Savannah Highway Office Opportunity

      Prime Johns Island location ideal for office or office building.
      3937 Savannah Hwy, Johns Island, SC 29455
      View Details
    • Contact for pricing
      Pending

      Johns Island Automotive Service Opportunity

      2.75 acre parcel with established automotive service business.
      3188 Riv Rd. Johns Is, Johns Island, SC 29455
      View Details
    • $990,000
      0.14 Acres

      Kiawah Island Homesite with River Views

      Homesite with approved plans and golf course, marsh, river views.
      153 Broomsedge Ln, Kiawah Island, SC 29455
      View Details
    • $600,000
      5.00 Acres

      Johns Island Land Opportunity

      Five acres of land for sale in Johns Island.
      Main Rd, Johns Island, SC 29455
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      108,848 SF

      Flexible Space on Johns Island

      Adaptable warehousing, office, and showroom space available for lease.
      860 Main Rd, Johns Island, SC 29455
      View Details
    • $12 SF/Yr
      2,710 SF

      Functional Space in Sea Island

      2,710 SF warehouse and office space for lease.
      3609 River Rd, Johns Island, SC 29455
      View Details
    • $18 SF/Yr

      Flex Warehouse Space For Lease

      Flex warehouse space for lease on Johns Island.
      636 Main Rd, Johns Island, SC 29455
      View Details
    • $15 SF/Yr
      75,574 SF

      Maybank Landing: Class A Office Space

      Seabrook Island Office & Retail: 11 Suites Available
      0 Maybank Hwy, Wadmalaw Island, SC 29455
      View Details
    • Contact for pricing
      960 SF

      Renovated Office Space Available

      960 SF office space with excellent visibility.
      900 Main Rd, Johns Island, SC 29455
      View Details
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    Johns Island, SC 29455
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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.

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