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Property profile & analytics
OFF-MARKET
Bars & Pubs

8040 Dorchester Rd Charleston, SC 29418-2901

2,400 SF 0.8 ac lot Built 1986
Entity Owned 7-yr Hold Free & Clear
Property ID
US77-0873279
Property summary
AI-generated overview

This exceptional commercial land offering comprises three contiguous parcels totaling approximately 2.32 acres situated on Dorchester Road in North Charleston, South Carolina. The property boasts a highly desirable General Commercial zoning designation, allowing for a wide range of development possibilities. Individual lot sizes range from approximately 0.74 acres to the largest parcel of approximately 2.32 acres. Each acre is priced at $400,000, with the option to purchase all three parcels together for a total price of $870,000. The property's strategic location on Dorchester Road provides exceptional visibility, benefiting from a high volume of daily traffic (40,600 vehicles per day). Its proximity to major employers such as Bosch, Boeing, and Palmetto Commerce Park further enhances its investment appeal. The Tax Map Numbers (TMNs) for the three parcels are 181-07-01-015, 016, and 017. This presents a rare opportunity to acquire prime commercial land in a thriving North Charleston location, offering significant potential for future growth and return on investment. The address is 8040 Dorchester Road, North Charleston, SC 29418.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.8 ac (34,848 SF)
Zoning code CG_DC
APN 181-07-01-018
UPID US77-0873279
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chub & Tubbs Tavern Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Vitalie Properties LLC · 7 yrs held
Vitalie Properties LLC
since 2019
2 recorded transactions
2019
$320,000
2002
$200,000
Zoning & alternative use
CG_DC · Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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