Technical
Financial
Distress signals
Property profile

5120 Ashley Phosphate Rd Charleston, SC 29418

OFF-MARKET
Drive through restaurants
Property ID
US77-1219228
3,528 SF 1.37 ac lot Built 1992
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional restaurant opportunity is located at 5120 Ashley Phosphate Rd in North Charleston, South Carolina, zip code 29420. The property boasts a prime location on a major thoroughfare with a high volume of daily traffic (33,000 vehicles per day). The single-story building, constructed in 1992, offers 3,528 square feet of space and includes a valuable drive-thru feature. Situated on a sizable 1.37-acre lot, this property presents a versatile option for various restaurant concepts, including sit-down restaurants or quick-service restaurants (QSRs). The asking price is $1,500,000, translating to $425.17 per square foot. The property's Assessed Parcel Number (APN) is 172-00-00-044. This is a second-generation restaurant space ready for immediate occupancy and poised to capitalize on the area's strong demographics and high traffic counts. The property's size and location make it an attractive investment for experienced restaurant operators seeking a well-established location in a thriving market. The building is a single-story structure. This is a rare opportunity to acquire a well-positioned restaurant property in a high-demand area.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1992
Construction FRAME
Total area 3,528 SF
Lot 1.37 ac (59,677 SF)
Zoning code B2_NC
APN 172-00-00-044
UPID US77-1219228

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

5120 Ashley Phosphate Rd Charleston, SC 29418-2820
Charleston metro Census 10818 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
1969
Price N/A

Zoning & alternative use

B2_NC · Charleston, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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