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    Property profile & analytics

    5099 Enterprise Dr North Charleston, SC 29420

    • Manufacturing properties
    • 5,060 SF
    • 2.35 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-1160926
    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

    • Johnny's Marine / (Bike/Boat/Book/etc) Store

    Property Details for 5099 Enterprise Dr

    Year built
    1996
    Lot size
    2.35 lot acres
    Property size
    5,060 SF
    Zone code
    M1_NC
    Property type
    Manufacturing properties
    APN
    172-09-01-001
    APU
    1720901001

    Description

    This ±5,060 square foot industrial property, located at 5099 Enterprise Drive in North Charleston, South Carolina, offers a unique blend of warehouse and flex space. Situated on a generous 2.46-acre lot, this multi-tenant building was constructed in 1996 and is zoned M-1 (Light Industrial). The property features approximately 4,676 square feet of vacant space, ready for immediate occupancy. A significant highlight is the expansive ±1.5-acre laydown yard, complete with a concrete slab and chain link fence, providing ample outdoor storage or operational space. The building itself includes approximately 1,833 square feet of office space, perfectly suited for administrative functions. Additionally, a large walk-in freezer/cooler is available, ideal for businesses requiring temperature-controlled storage. Two roll-up doors ensure efficient loading and unloading. The property's convenient location off Dorchester Road, between Ashley Phosphate and Ladson Road, offers easy access to both North Charleston and Summerville. The property's APN is 172-09-01-001, and it is located in Dorchester County, South Carolina, zip code 29420. This property presents a compelling opportunity for businesses seeking a versatile industrial space with significant outdoor storage capabilities in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $910,000
      6.5%
      $840,000
      7%
      $780,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $667,000
      Market price range: $101k - $668k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $865,000
      Current use
      MEDICAL BUILDING
      $1,340,000
      Change: +55% Conversion: Difficult
      RETAIL STORES
      $1,145,000
      Change: +33% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $895,000
      Change: +4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.1138
    Latitude
    32.9228
    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
    $11,845
    $25,380
    $24,288
    $49,668
    -
    $423,000
    $404,800
    $827,800

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      107 Preston Ave

      MANUFACTURING (LIGHT) • 2,400 SF
      107 Preston Ave, North Charleston, SC 29420-8123
      View Details
    • Value Estimation
      $1,570,000
      10,582 SF

      7581 Sandlapper Pkwy

      MANUFACTURING (LIGHT) • 10,582 SF
      7581 Sandlapper Pkwy, North Charleston, SC 29420-2810
      View Details
    • Value Estimation
      $2,620,000
      21,600 SF

      7675 Southrail Rd

      MANUFACTURING (LIGHT) • 21,600 SF
      7675 Southrail Rd, North Charleston, SC 29420-9001
      View Details
    • Value Estimation
      $2,300,000
      12,500 SF

      5081 Coosaw Crk Blvd

      MANUFACTURING (LIGHT) • 12,500 SF
      5081 Coosaw Crk Blvd, Charleston, SC 29420-7422
      View Details
    • Value Estimation
      $660,000
      4,032 SF

      4676 Appian Way

      MANUFACTURING (LIGHT) • 4,032 SF
      4676 Appian Way, Charleston, SC 29420
      View Details
    • Value Estimation
      $1,085,000
      9,795 SF

      7629 Sandlapper Pkwy

      MANUFACTURING (LIGHT) • 9,795 SF
      7629 Sandlapper Pkwy, North Charleston, SC 29420-2801
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      North Charleston Commercial Land Parcel

      High-Visibility 0.86-Acre Commercial Lot
      8474 Dorchester Rd, North Charleston, SC 29420
      View Details
    • New
      $684,900
      3,060 SF

      North Charleston Quadruplex Investment Opportunity

      Four-unit residential building in a revitalizing North Charleston location.
      7424 Rock St, North Charleston, SC 29420
      View Details
    • $329,000
      0.04 Acres

      5401 Netherby Ln

      Land • 0.04 Acres
      5401 Netherby Ln, North Charleston, SC 29420
      View Details
    • $649,000
      2,000 SF

      North Charleston Retail/Medical Office

      2,000 SF Vacant Office Space, $649,000
      5401 Netherby Ln, North Charleston, SC 29420
      View Details
    • $875,000

      Dorchester Road Commercial Land Available

      0.86 acres on Dorchester Rd with high traffic visibility.
      8474 Dorchester Rd, North Charleston, SC 29420
      View Details
    • $1,500,000
      3,528 SF

      Prime North Charleston Restaurant

      Drive-Thru, 3,528 SF, High Traffic
      5120 Ashley Phosphate Rd, North Charleston, SC 29420
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,000 SF

      North Charleston Flex Warehouse Space

      48,000 SF flex space available for lease.
      7644 Southrail Rd, Charleston, SC 29420
      View Details
    • Contact for pricing
      5,060 SF

      North Charleston Flex Warehouse

      ±5,060 SF Flex Space, 2.46 Acres
      5099 Enterprise Dr, North Charleston, SC 29420
      View Details
    • $12 SF/Yr
      20,000 SF

      North Charleston Industrial Space

      Flexible Warehouse Space, 100-50,000 SF
      7704 Southrail Rd, North Charleston, SC 29420
      View Details
    • $13 SF/Yr
      80,000 SF

      North Charleston Warehouse Space

      Flexible Warehouse Space, 1,000-14,650 SF
      7704 Southrail Rd, North Charleston, SC 29420
      View Details
    • Contact for pricing
      13,612 SF

      Industrial Warehouse Space For Lease

      Industrial warehouse space available for lease in North Charleston.
      7705 Southrail Rd, N Charleston, SC 29420
      View Details
    • $14 SF/Yr
      48,000 SF

      Southrail Road Industrial Space

      Flex, Warehouse, Distribution Space Available
      7644 Southrail Rd, North Charleston, SC 29420
      View Details
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    North Charleston, SC 29420
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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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