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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    447 Jessen Ln Ste A Wando, SC 29492-7925

    • Office buildings
    • 4,000 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-0268060
    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

    • Office buildings

    Property Details for 447 Jessen Ln Ste A

    Year built
    2000
    Lot size
    1.00 lot acres
    Property size
    4,000 SF
    Zone code
    BERKELEY COUNTY - GC
    Property type
    Office buildings
    APN
    267-00-00-086
    APU
    2670000086

    Description

    This 1,285-square-foot flex space in Berkeley County is immediately available for lease. Located conveniently off Clements Ferry Road, this unit provides easy access to Interstate-526, Mount Pleasant, and North Charleston. The space is part of a larger 5,014-square-foot multi-tenant industrial building and features a desirable blend of warehouse and office areas. Specifically, Suite B offers approximately 660 square feet of warehouse space, complemented by approximately 625 square feet of office space. A convenient roll-up door ensures efficient loading and unloading, while ample parking is available for tenants and their visitors. The property's APN is 267-00-00-086. This flexible layout is ideal for a variety of businesses seeking a blend of warehouse and office functionality in a strategic location. The minimum divisible space is 1,285 square feet, and the maximum contiguous space available is also 1,285 square feet. The entire vacant space currently totals 1,285 square feet. This presents a unique opportunity for a business seeking a ready-to-occupy space with excellent accessibility and a functional design. Inquire today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $950,000
      6.5%
      $880,000
      7%
      $815,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,457,000
      Market price range: $636k - $1.46M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,265,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,135,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Wando
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.9189
    Latitude
    32.903
    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
    2022
    $17,933
    $9,069
    $54,239
    $63,308
    -
    $221,500
    $1,324,800
    $1,546,300

    Comparable in this City

    • Value Estimation by Request
      1,389 SF

      245 7th Farms Dr Ste, Unit 110

      OFFICE BUILDING • 1,389 SF
      245 7th Farms Dr Ste, Daniel Island, SC 29492-8500
      View Details
    • Value Estimation
      $950,000
      1,130 SF

      234 7th Farms Dr Ste, Unit 123

      OFFICE BUILDING • 1,130 SF
      234 7th Farms Dr Ste, Daniel Island, SC 29492-8108
      View Details
    • Value Estimation
      $1,925,000
      5,616 SF

      126 7th Farms Dr, Unit 8

      OFFICE BUILDING • 5,616 SF
      126 7th Farms Dr, Daniel Island, SC 29492-8142
      View Details
    • Value Estimation by Request
      775 SF

      260 7th Farms Dr Ste F

      OFFICE BUILDING • 775 SF
      260 7th Farms Dr Ste F, Daniel Island, SC 29492-8207
      View Details
    • Value Estimation by Request
      775 SF

      280 7th Farms Dr Ste A

      OFFICE BUILDING • 775 SF
      280 7th Farms Dr Ste A, Daniel Island, SC 29492-8208
      View Details
    • Value Estimation by Request
      775 SF

      260 7th Farms Dr Ste B

      OFFICE BUILDING • 775 SF
      260 7th Farms Dr Ste B, Daniel Island, SC 29492-8207
      View Details

    Similar Nearby for Sale

    • $500,000

      Office Space on Clements Ferry

      Office property available for sale on Clements Ferry Road.
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      Daniel Island Office Space Available

      Class A office suite in desirable Daniel Island location.
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    • $5,400,000
      23,532 SF

      Industrial Warehouse with Expansion Potential

      23,532 SF industrial warehouse on 2.10 acres for sale.
      415 Jessen Ln, Charleston, SC 29492
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    • Contact for pricing
      23,532 SF

      Industrial Warehouse with Undeveloped Land

      23,532 SF industrial warehouse on 2.10 acres for sale.
      415 Jessen Ln, Charleston, SC 29492
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    • $497,000

      Retail Land Development Opportunity

      Prime land for retail development in Charleston's growing corridor.
      1867 Clements Ferry Rd, Daniel Island, SC 29492
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    Similar Nearby for Lease

    • $24 SF/Yr
      78,394 SF

      Furnished Office Building Sublease Opportunity

      Well-appointed, fully furnished office building available for sublease on Daniel Island.
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    • $34 SF/Yr
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      Daniel Island Office Condo Suite

      Prime Charleston office space, flexible layout.
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    • $34 SF/Yr
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      Daniel Island Class A Office

      Class A office space in the heart of Daniel Island.
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    • $20 SF/Yr
      1,010 SF

      Clements Ferry Road Office Space

      Second floor office space available for rent in Charleston.
      2414 Clements Ferry Rd, Charleston, SC 29492
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    • Contact for pricing
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      Daniel Island Office/Medical Opportunity

      Office/Medical space in Publix-anchored Daniel Island shopping center.
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    • $25 SF/Yr
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      Daniel Island Office Space Available

      2,300 SF office space for lease on Daniel Island.
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      View Details
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    447 Jessen Ln Ste A
    Wando, SC 29492-7925
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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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