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

    834 Savannah Hwy Charleston, SC 29407-7270

    • Office buildings
    • 2,453 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimations
    $1,155,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2842980
    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

    • Gibson Jr Mac / Attorney
    • Ameris Bank / Bank
    • Catherine Meyer - Ameris Bank Mortgage / Mortgage Lender
    • Joseph King - Ameris Bank Mortgage / Mortgage Lender
    • Tracey A. Delong - Ameris Bank Mortgage / Mortgage Lender

    Property Details for 834 Savannah Hwy

    Year built
    1960
    Lot size
    0.26 lot acres
    Property size
    2,453 SF
    Property type
    Office buildings
    APN
    418-13-00-174
    APU
    4181300174

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,153,000
      Market price range: $644k - $1.43M
      AI Estimate
      $1,153,000
      Market price range: $644k - $1.43M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $945,000
      Current use
      COMMERCIAL (GENERAL)
      $850,000
      Change: -10% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9874
    Latitude
    32.7826
    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
    $13,046
    $0.00
    $0.00
    $47,190
    -
    $362,304
    $424,196
    $786,500

    Comparable in this City

    • Value Estimation
      $700,000
      1,205 SF

      778 Saint Andrews Blvd

      OFFICE BUILDING • 1,205 SF
      778 Saint Andrews Blvd, Charleston, SC 29407-7168
      View Details
    • Value Estimation
      $3,390,000
      8,095 SF

      2027 Sam Rittenberg Blvd

      OFFICE BUILDING • 8,095 SF
      2027 Sam Rittenberg Blvd, Charleston, SC 29407-4601
      View Details
    • Value Estimation
      $6,145,000
      23,397 SF

      1821 Sam Rittenberg Blvd

      OFFICE BUILDING • 23,397 SF
      1821 Sam Rittenberg Blvd, Charleston, SC 29407-4823
      View Details
    • Value Estimation
      $5,355,000
      10,218 SF

      1849 Savage Rd

      OFFICE BUILDING • 10,218 SF
      1849 Savage Rd, Charleston, SC 29407-4726
      View Details
    • Value Estimation
      $1,660,000
      4,551 SF

      1112 Savannah Hwy

      OFFICE BUILDING • 4,551 SF
      1112 Savannah Hwy, Charleston, SC 29407-7806
      View Details
    • Value Estimation
      $1,445,000
      3,665 SF

      538 Savannah Hwy

      OFFICE BUILDING • 3,665 SF
      538 Savannah Hwy, Charleston, SC 29407-7210
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      39 SF

      Renovated Office Property For Sale

      Two-building office property with high-end finishes in a central location.
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      West Ashley Freestanding Office Building

      Freestanding office building in central West Ashley with ample parking.
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    • $2,400,000
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      West Ashley Freestanding Office Building

      9,924 SF office building on 0.79 acres for sale.
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    • $1,950,000
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      West Ashley Investment Opportunity

      Commercial and residential portfolio with income and development potential.
      1224 Wappoo Rd, Charleston, SC 29407
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    • $2,125,000
      8,500 SF

      Two Connecting Office Condos

      Two well-maintained, connecting office condos totaling approximately 8,500 square feet.
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    • $15,968,500
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      Northbridge Executive Park Investment

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    Similar Nearby for Lease

    • $24 SF/Yr
      9,275 SF

      Office Complex on 10.82 Acres

      Three-building office complex with large parking field on 10.82 acres.
      1 South Park Cir, Charleston, SC 29407
      View Details
    • $33 SF/Yr
      34,765 SF

      Class A Office Building

      Class A office building in the heart of West Ashley.
      1014 St. Andrews Blvd, Charleston, SC 29407
      View Details
    • $20 SF/Yr
      11,065 SF

      Charleston Executive Office Suites

      Prime Charleston office space, modern renovations.
      1180 Sam Rittenberg Blvd, Charleston, SC 29407
      View Details
    • Contact for pricing
      4,000 SF

      Charleston Office Park Investment

      Prime Charleston Office Space Available
      1 Carriage Ln, Charleston, SC 29407
      View Details
    • $33 SF/Yr
      34,765 SF

      Charleston Medical Office Space for Lease

      Class A Office Suites, West Ashley, SC
      1014 St Andrews Blvd, Charleston, SC 29407
      View Details
    • $25 SF/Yr
      9,575 SF

      Savannah Square: Class A Office Space

      Charleston Office Suites, 1352-5051 sqft
      1904 Savannah Hwy, Charleston, SC 29407
      View Details
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    834 Savannah Hwy
    Charleston, SC 29407-7270
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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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