Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    469 Coleman Blvd Mount Pleasant, SC 29464-4320
    Back to Search
    Property profile & analytics

    469 Coleman Blvd, Mount Pleasant, SC 29464-4320

    View on Map
    • Commercial real estate
    • 3,612 SF
    • 1.11 lot acres
    Off-Market
    Property ID
    US77-2872874
    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
    $2,110,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pete the Plastic Pellican / Tour Operator
    • Coast 2 Cove Boat Charters / Boat Rental Service
    • Charlestown Charters / Boat Rental Service / Boat Tour Agency

    Property Details for 469 Coleman Blvd

    Lot size
    1.11 lot acres
    Property type
    Commercial real estate
    APN
    517-11-00-003
    APU
    5171100003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 19, 2007 $2,997,500 Town Of Mount Pleasant South Caro Shem Creek II LLC Grant Deed —
    Apr 6, 2007 — Shem Creek II LLC Shem Creek Office Condos LLC Quit Claim Deed · related $3.4M · Suntrust Bank NA
    Mar 21, 2005 — Shem Creek Office Condos LLC Shem Creek II LLC Quit Claim Deed · related —
    Mar 1, 2005 $1,350,000 Shem Creek II LLC Ok Tire Store Of Mt Pleasant Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,108,000
      Market price range: $1.31M - $3.76M
      AI Estimate
      $2,108,000
      Market price range: $1.31M - $3.76M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,110,000
      Current use
      OFFICE BUILDING
      $1,920,000
      Change: -9% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.8829
    Latitude
    32.7938
    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
    $289
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,733 SF

      725 Coleman Blvd

      Restaurants
      725 Coleman Blvd, Mount Pleasant, SC 29464
      View Details
    • Value Estimation by Request
      22.67 Acres

      1610 Ben Sawyer Blvd

      COMMERCIAL (GENERAL)
      1610 Ben Sawyer Blvd, Mount Pleasant, SC 29464-4579
      View Details
    • Value Estimation
      $3,795,000
      9,782 SF

      200 Wingo Wayc3

      COMMERCIAL CONDOMINUIM
      200 Wingo Wayc3, Mount Pleasant, SC 29464-1816
      View Details
    • Value Estimation
      $1,140,000
      2,368 SF

      708 Shelmore Blvd, Unit 3-7

      COMMERCIAL CONDOMINUIM
      708 Shelmore Blvd, Mount Pleasant, SC 29464-6726
      View Details
    • Value Estimation
      $5,785,000
      8,946 SF

      321 King St, Unit C

      COMMERCIAL CONDOMINUIM
      321 King St, Mount Pleasant, SC 29464-5363
      View Details
    • Value Estimation by Request
      604 SF

      217 Lucas St, Unit E1

      COMMERCIAL CONDOMINUIM
      217 Lucas St, Mount Pleasant, SC 29464-4381
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Acre Lot in Mount Pleasant

      One acre lot centrally located near shopping and beaches.
      1128 Melvin Bennett Rd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      60,809 SF

      East Cooper Medical Office Building

      Medical office building near East Cooper Medical Center for sale.
      1300 Hospital Dr, Mount Pleasant, SC 29464
      View Details
    • $1,800,000

      Leased Flex Warehouse Investment

      Fully leased flex warehouse in Mt. Pleasant with long-term tenant.
      1235 Ben Sawyer Blvd, Mount Pleasant, SC 29464
      View Details
    • $3,200,000
      0.62 Acres

      Old Village Homesite Opportunity

      Rare 0.62 acre homesite in Mount Pleasant's Old Village.
      Morrison St, Mount Pleasant, SC 29464
      View Details
    • $1,749,000

      Land For Sale

      Land available for sale.
      1409 Barbara St, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      11,120 SF

      Mount Pleasant Office Space Available

      Office space for sale, convenient location near I-526.
      496 Bramson Ct, Mount Pleasant, SC 29464
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      20,560 SF

      Mount Pleasant Executive Offices

      Class A Office Space for Lease/Sale
      550 Long Point Rd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing

      Class A Flex Space

      Flex building with showroom/office and fully conditioned warehouse space.
      547 Long Point Rd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      1,500 SF

      Bowman Place Retail Outparcel

      Retail outparcel in Mt. Pleasant's premier retail destination.
      1132 Bowman Rd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      1,600 SF

      Mount Pleasant Office Space Available

      Office space featuring private offices, conference area, and kitchen.
      1041 Johnnie Dodds Blvd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      3,553 SF

      Retail Space in Belle Hall

      Retail space available in open-air shopping center.
      608 Long Point Rd, Mount Pleasant, SC 29464
      View Details
    • Contact for pricing
      4,480 SF

      Mixed-Use Destination in Mount Pleasant

      Mixed-use destination with shops, restaurants, and entertainment options.
      1740 Towne Centre Way, Mount Pleasant, SC 29464
      View Details
    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.
    469 Coleman Blvd
    Mount Pleasant, SC 29464-4320
    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

    Thank You for Inquiry
    469 Coleman Blvd, Mount Pleasant, SC, 29464
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!