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Property profile & analytics
FOR LEASE
Strip malls
8600 Dorchester Rd North Charleston, SC 29420
Individually Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-0325817
For Lease
1 / 2
$24 SF/Yr
8600 Dorchester Rd, North Charleston, SC 29420
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2011
Construction
METAL FRAME
Total area
5,400 SF
Lot
13.46 ac (586,318 SF)
Zoning code
PDD_NC
APN
172-00-00-108
UPID
US77-0325817
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$764k
Blend (final)
Blend
$730k
Owner & transaction history
Carolina Electric South · 17 yrs held
Carolina Electric South
since 2008
6 recorded transactions
Zoning & alternative use
PDD_NC · North Charleston, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$725,000
+77.4%
Retail stores
$695,000
+70.4%
Auto repair, garage
$600,000
+47.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Charleston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$725,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$695,000
Change: +70% · Conversion: Easy
AUTO REPAIR, GARAGE
$600,000
Change: +47% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$131,407
Tax year 2023
Assessed value
$156,590
Assessed 2023
Previous assessed
$353,339
-55.7% YoY
Effective rate
83.92%
On assessed value
Assessed land
$98,270
Assessed improvement
$58,320
Land market value
$1,638,358
Improvement market value
$972,000
Total market value
$2,610,358
Applied tax rate
208.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2011
Construction
METAL FRAME
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Total area
5,400 SF
Lot
13.46 ac (586,318 SF)
Zoning code
PDD_NC
APN
172-00-00-108
UPID
US77-0325817
Jurisdiction
DORCHESTER
Zoning & alternative use
PDD_NC · North Charleston, SC
Zoning PDD_NC · permitted uses
PDD_NC · North Charleston, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Charleston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$725,000
RETAIL STORES
Est. value
$695,000
AUTO REPAIR, GARAGE
Est. value
$600,000
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Construction
METAL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
13.46 ac
Current owner
From public records · entity-resolved
Carolina Electric South
Individual
Mailing address
2 LEONE LN, HANAHAN, SC 29410-8602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2008
—
Carolina Electric South
Coosaw Partners LLC
Grant Deed
related
—
Feb 10, 2005
—
Coosaw Partners LLC
Greenwood Dev Corp
Grant Deed
related
—
—
—
Coosaw Partners LLC
—
Deed Of Trust
related
$243,750 · Eriebank
—
—
Coosaw Partners LLC
—
Deed Of Trust
related
$3,600,000 · Eriebank
—
—
Coosaw Partners LLC
—
Deed Of Trust
related
$3,900,000 · Suntrust Bank NA
—
—
Coosaw Partners LLC
—
Deed Of Trust
related
$2,185,424 · Suntrust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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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