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Property profile & analytics
FOR LEASE
Office buildings
3618 Ashley Phosphate Rd Charleston, SC 29418
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-0423393
For Lease
1 / 2
$650/Mo
3618 Ashley Phosphate Rd, Charleston, SC 29418
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
FRAME
Total area
7,866 SF
Lot
0.58 ac (25,265 SF)
Zoning code
OI_DC
APN
172-12-01-026
UPID
US77-0423393
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
The Language Lounge Tutoring Service Training Center
-
ARIES BAIL BONDS & INSURANCE AGENCY Insurance Agency
-
Search Homes in Charleston Real Estate Agency
-
Carolina Foot Centers Podiatry Physician
-
QuickFoxes.com Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.63M
Owner & transaction history
Seven S Properties LLC · 3 yrs held
Seven S Properties LLC
since 2022
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
OI_DC · Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,780,000
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
$1,965,000
6.5%
$1,810,000
7%
$1,680,000
Blend value · Realmo final
$1.63M
Range $1.47M – $1.79M · ±10% · vs last sale $1.44M (Sep 12 2022)
Last sale anchor
$1.44M
Sep 12 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$207 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,759
Tax year 2023
Assessed value
$54,747
Assessed 2023
Previous assessed
$54,747
+0.0% YoY
Effective rate
58.01%
On assessed value
Assessed land
$16,008
Assessed improvement
$38,739
Land market value
$266,800
Improvement market value
$645,656
Total market value
$912,456
Applied tax rate
203.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2008
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
2
Total area
7,866 SF
Lot
0.58 ac (25,265 SF)
Zoning code
OI_DC
APN
172-12-01-026
UPID
US77-0423393
Jurisdiction
DORCHESTER
Zoning & alternative use
OI_DC · Charleston, SC
Zoning OI_DC · permitted uses
OI_DC · Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charleston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Seven S Properties LLC
Entity
Mailing address
1012 PHYSICIANS DR, CHARLESTON, SC 29414-5719
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
$1,440,000
Seven S Properties LLC
Patrick M Foley
Deed
$1,440,000 · South State Bank NA
Jun 8, 2022
—
Patrick M Foley
Foley Co INC
Intrafamily Transfer
related
—
Dec 27, 2007
$176,500
Foley Co INC
Pepperidge Executive Center Ll
Warranty Deed
—
Jan 28, 2005
$108,000
Pepperidge Executive Center Ll
International Cash Register In
Grant Deed
$54,000 · First Fed'l S&l/charleston
—
—
Foley Co INC
—
Deed Of Trust
related
$300,000 · Branch Banking & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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