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Financial
Distress signals
Property profile

850 Morrison Dr Charleston, SC 29403

FOR LEASE
Commercial land
Property ID
US77-2158240
2.91 ac lot
Last sale Mar 2018 · $9,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Morrison Yard offers a unique opportunity to lease high-quality retail space in the vibrant Charleston, South Carolina market. Located at 850 Morrison Dr, zip code 29403, this Class A property boasts a total of 140,000 square feet, spread across twelve stories. The building is brand new, having been constructed in 2022, and offers ample parking with 395 spaces available for tenants and customers. This listing presents a single available space of 2,339 square feet, representing the minimum…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value$120k
Effective rate29.97%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$718/SF
ZIP average, outlier-cleaned · 130 recorded sales of this use type
Observed band · Q1–Q3$317 – $1,493

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCHARLESTON

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop19.2
Dental Office18.6
Auto Parts Store18.3

Location

850 Morrison Dr Charleston, SC 29403
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Washington, Charleston, SC 29403-6315 $10,000,000 May 2025 1,510 SF
6 Walnut, Charleston, SC 29403-4557 $233,750 Apr 2025 No data
1152 Morrison, Charleston, SC 29403-3111 $24,500,000 Apr 2025 No data
68 Line, Charleston, SC 29403-5681 $4,750,000 Feb 2025 1,966 SF
70 Line, Charleston, SC 29403-5418 $4,750,000 Sep 2024 No data
Saint Philip, Charleston, SC 29403 $4,750,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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