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    Property profile & analytics

    3620 Ashley Phosphate Rd Charleston, SC 29418-8508

    • Strip malls
    • 19,156 SF
    • 1.71 lot acres
    OFF-MARKET
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1184331
    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

    • Legacy Event and Planning Center / Event Planner / Event Venue
    • RCW Systems / Computer Repair Service / Computer Store
    • Mi mexico lindo 2 / Mexican Goods Store
    • Guatemex843 / Produce Market
    • Faith In Action Deliverance Ministries / Apostolic Church

    Property Details for 3620 Ashley Phosphate Rd

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.71 lot acres
    Property size
    19,156 SF
    Zone code
    CG_DC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    172-12-01-027
    APU
    1721201027

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,445,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.0838
    Latitude
    32.9256
    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
    $30,841
    $36,936
    $135,468
    $172,404
    -
    $615,600
    $2,257,800
    $2,873,400

    Comparable in this City

    • Value Estimation
      $2,920,000
      9,800 SF

      5325 Park Frst Pkwy

      SHOPPING CENTER, STRIP CENTER • 9,800 SF
      5325 Park Frst Pkwy, North Charleston, SC 29418-2753
      View Details
    • Value Estimation
      $2,700,000
      10,360 SF

      4892 Ashley Phosphate Rd Ste A

      SHOPPING CENTER, STRIP CENTER • 10,360 SF
      4892 Ashley Phosphate Rd Ste A, North Charleston, SC 29418-2829
      View Details
    • Value Estimation
      $3,220,000
      8,484 SF

      3973 Ashley Phosphate Rd Ste, Unit 100

      SHOPPING CENTER, STRIP CENTER • 8,484 SF
      3973 Ashley Phosphate Rd Ste, Charleston, SC 29418-8590
      View Details
    • Value Estimation
      $710,000
      13,020 SF

      8350 Dorchester Rd

      REGIONAL SHOPPING CENTER, MALL • 13,020 SF
      8350 Dorchester Rd, Charleston, SC 29418-2999
      View Details
    • Value Estimation
      $5,010,000
      199,035 SF

      5101 Ashley Phosphate Rd

      REGIONAL SHOPPING CENTER, MALL • 199,035 SF
      5101 Ashley Phosphate Rd, North Charleston, SC 29418-2832
      View Details
    • Value Estimation
      $835,000
      2,049 SF

      5100 Ashley Phosphate Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,049 SF
      5100 Ashley Phosphate Rd, Charleston, SC 29418-2820
      View Details

    Similar Nearby for Sale

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      48,000 SF

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      Retail property featuring a 9-hole mini golf course.
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      Prime Commercial Land Opportunity

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      13,700 SF

      Warehouse Space in Palmetto Park

      13,700 SF warehouse space with easy access and parking.
      3296 Ashley Phosphate Rd, North Charleston, SC 29418
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    • $895,000
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      North Charleston Office Investment Opportunity

      10,000 SF office space in a vibrant community.
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      Two warehouse buildings totaling 10,871 SF near major roads.
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    Similar Nearby for Lease

    • $13 SF/Yr
      3,352 SF

      Academy Plaza Retail Center

      Dorchester Road Retail Spaces Available
      5117 Dorchester Rd, North Charleston, SC 29418
      View Details
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      Retail Space Near Major Interchange

      Retail space in North Charleston near major traffic routes.
      4950 Centre Pointe Dr, North Charleston, SC 29418
      View Details
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      Retail Space at Tanger Outlets

      Retail spaces available at Tanger Outlets in North Charleston.
      4840 Tanger Outlet Blvd, North Charleston, SC 29418
      View Details
    • $26 SF/Yr
      52,480 SF

      Retail Space Near Tanger Outlets

      Retail space in a high-traffic area near major retailers.
      5070 International Blvd, North Charleston, SC 29418
      View Details
    • Contact for pricing

      Secured Truck Parking with Office

      Secured truck parking with renovated office trailers for lease.
      7164 Bryhawke Cir, North Charleston, SC 29418
      View Details
    • Contact for pricing
      175,000 SF

      Uptown Retail Spaces Available

      Charleston Hospitality Retail Opportunity
      5070 International Blvd, North Charleston, SC 29418
      View Details
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    3620 Ashley Phosphate Rd
    Charleston, SC 29418-8508
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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.

    More about this property
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