2015 Cosgrove AveNorth Charleston, SC 29405

Property Details for 2015 Cosgrove Ave

Year built

1950

Lot size

0.21 AC

Property size (Sq ft)

2,179 SF

Property type

Commercial real estate

APN

469-08-00-176

APU

4690800176

Description

This exceptional 1,400 square foot free-standing building in North Charleston, South Carolina, presents a fantastic opportunity for a single-tenant user. Located at 2015 Cosgrove Ave, 29405, this property boasts high visibility to traffic due to its prominent location and offers excellent exterior signage opportunities. Ideal for office or retail use, the building is conveniently situated with easy access to I-26, Downtown North Charleston, and Rivers Avenue. The interior features five private offices, a dedicated conference room, and a full kitchen, providing ample space for a variety of business needs. The property is zoned B-1, Limited Business. The building's exterior offers significant visibility and signage potential, making it an attractive option for businesses seeking high traffic exposure. The estimated Year 1 Net Net Net (NNN) rent is $5.26 per square foot. This single-tenant property offers a unique blend of convenience, visibility, and functional space, making it an attractive investment for the right business. The property is located in North Charleston, SC, a thriving area with strong economic growth.

• CAP approach

  CAP return

  Valuation

  6%

  $223,187

  6.5%

  $206,019

  7%

  $191,303

• Comparable approach

  Method

  Valuation

  Relative Method

  $279,840

  Geo Method

  $368,992

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $895,712

  Retail / Commercial

  $363,372

  Mixed-Use / Specialty

  $286,470

  Hospitality / Lodging

  $111,738

  Office

  $206,019

  Institutional / Educational

  $270,792

  Residential Income

  $316,826

  Multifamily

  $799,132

  Automotive / Energy

  $232,107

  Parking / Income-Based Land

  $154,795

  Restaurant / Food Service

  $-12,363

  Healthcare / Senior Housing

  $371,303

Location Insight

City

North Charleston

County

Charleston

State

South Carolina

Latitude

32.857

Longitude

-79.9759

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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