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

    5150 Ashley Phosphate Rd North Charleston, SC 29418-2820

    • Office buildings
    • 3,974 SF
    • 0.88 lot acres
    OFF-MARKET
    Last Sale
    Dec 27, 2023
    $780,000
    Value Estimations
    $860,000
    Show details
    Cap Rate Potential
    7%
    Office buildings
    Location Intelligence
    Property ID
    US77-0058851
    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 5150 Ashley Phosphate Rd

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.88 lot acres
    Property size
    3,974 SF
    Zone code
    B2_NC
    Property type
    Office buildings
    APN
    172-00-00-072
    APU
    1720000072

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $855,000
      ML approach
      $960,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $990,000
      6.5%
      $915,000
      7%
      $850,000

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

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.1065
    Latitude
    32.9155
    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
    $21,263
    $24,288
    $23,400
    $47,688
    -
    $404,800
    $390,000
    $794,800

    Comparable in this City

    • Value Estimation
      $1,705,000
      3,205 SF

      5090 Dorchester Rd

      OFFICE BUILDING • 3,205 SF
      5090 Dorchester Rd, North Charleston, SC 29418-5603
      View Details
    • Value Estimation
      $7,110,000
      11,763 SF

      3520 Montague Ave

      OFFICE BUILDING • 11,763 SF
      3520 Montague Ave, North Charleston, SC 29418-6099
      View Details
    • Value Estimation
      $1,075,000
      2,636 SF

      3188 Montague Ave

      OFFICE BUILDING • 2,636 SF
      3188 Montague Ave, North Charleston, SC 29418-5935
      View Details
    • Value Estimation
      $925,000
      3,472 SF

      5319 Parkshire Way

      OFFICE BUILDING • 3,472 SF
      5319 Parkshire Way, North Charleston, SC 29418-2034
      View Details
    • Value Estimation
      $665,000
      2,448 SF

      4000 Ashley Phosphate Rd

      OFFICE BUILDING • 2,448 SF
      4000 Ashley Phosphate Rd, Charleston, SC 29418-8549
      View Details
    • Value Estimation
      $3,060,000
      9,256 SF

      6943 Dorchester Rd

      OFFICE BUILDING • 9,256 SF
      6943 Dorchester Rd, North Charleston, SC 29418-3432
      View Details

    Similar Nearby for Sale

    • $10,000,000
      12,002 SF

      Prime Commercial Land Opportunity

      Land and buildings for sale near Charleston International Airport.
      3520 W Montague Ave, North Charleston, SC 29418
      View Details
    • $895,000
      10,000 SF

      North Charleston Office Investment Opportunity

      10,000 SF office space in a vibrant community.
      3325 Ashley Phosphate Rd, North Charleston, SC 29418
      View Details
    • $1,475,000
      6,000 SF

      Prime Dorchester Rd Office Building

      6,000 SF Office, High Traffic Location
      7880 Dorchester Rd, North Charleston, SC 29418
      View Details
    • Contact for pricing
      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
      View Details
    • $39,342,600
      48,000 SF

      Retail Property with Mini Golf

      Retail property featuring a 9-hole mini golf course.
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    • $1,900,000
      10,871 SF

      Two Warehouse Buildings For Sale

      Two warehouse buildings totaling 10,871 SF near major roads.
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    Similar Nearby for Lease

    • $10,000,000
      2,880 SF

      North Charleston Class B Office

      Two-story office building near Charleston International Airport and I-526.
      3520 W Montague Ave, N Charleston, SC 29418
      View Details
    • $19 SF/Yr
      6,000 SF

      Prime North Charleston Office Space

      6,000 SF Office, High Visibility
      7880 Dorchester Rd, North Charleston, SC 29418
      View Details
    • $26 SF/Yr
      7,440 SF

      International Blvd Office Space

      7,440 SF Office Suite Available
      5264 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
    • $16 SF/Yr
      25,000 SF

      North Charleston Warehouse - 25,000 SF

      Modern warehouse, office space available. Prime North Charleston location.
      7216 Cross Park Dr, North Charleston, SC 29418
      View Details
    • $7 SF/Yr
      102,245 SF

      Prime North Charleston Industrial Space

      102,245 SF Warehouse/Distribution; Fully Vacant
      7391 Pepperdam Ave, North Charleston, SC 29418
      View Details
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    5150 Ashley Phosphate Rd
    North Charleston, SC 29418-2820
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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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