2408 Ashley River RdCharleston, SC 29414

Property Details for 2408 Ashley River Rd

Year built

2008

Property size (Sq ft)

1,488 SF

Property type

Commercial real estate

APN

353-02-00-190

APU

3530200190

Description

Pierpont Crossing Shopping Center offers a fantastic opportunity for businesses seeking a vibrant retail space in Charleston, South Carolina. Located at 2408 Ashley River Road, this strip center boasts a high-traffic location with an impressive 20,700 cars passing daily. Currently, one suite remains available, offering 1,432 square feet of versatile space ideal for retail or professional use. The property's address is 2408 Ashley River Rd, Charleston, SC 29414. The suite is part of a revitalized shopping center, providing a modern and attractive setting for businesses. The property's APN is 353-02-00-045. While the total center size isn't specified, the available suite represents a significant opportunity to establish a presence in a thriving commercial area. The property is classified as a retail strip center with multiple tenancies. There is currently 1,355 square feet of vacant space within the center, in addition to the 1,432 square foot suite. This high-visibility location provides excellent exposure to a large customer base, making it an attractive option for businesses seeking strong foot traffic and brand visibility. The property's location in West Ashley offers easy access to major roadways and a dense residential population.

• CAP approach

  CAP return

  Valuation

  6%

  $152,411

  6.5%

  $140,687

  7%

  $130,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $191,098

  Geo Method

  $251,978

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $611,666

  Retail / Commercial

  $248,140

  Mixed-Use / Specialty

  $195,625

  Hospitality / Lodging

  $76,303.60

  Office

  $140,687

  Institutional / Educational

  $184,919

  Residential Income

  $216,355

  Multifamily

  $545,713

  Automotive / Energy

  $158,502

  Parking / Income-Based Land

  $105,707

  Restaurant / Food Service

  $-8,442.47

  Healthcare / Senior Housing

  $253,556

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.8267

Longitude

-80.039

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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