8459 Dorchester RdNorth Charleston, SC 29420
- Retail properties
- 3,250 SF
Property Details for 8459 Dorchester Rd
- Year built
- 2020
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 3,250 SF
- Zone code
- R2_NC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 181-00-00-104
- APU
- 1810000104
Description
The Shoppes on Dorchester is a single-story, 8,888 square foot retail strip center built in 2020, located in the Charleston submarket of Dorchester County. This highly visible property boasts a prime location off Dorchester Road and Ashley Phosphate Road, enjoying a traffic count of 40,200 vehicles per day. Currently housing six tenants including Tropical Smoothie Cafe, Daisy Nail, a Chiropractor's office, Hair Space, and Cold Stone Creamery, there is one vacant unit available for lease. This unit, designated as Unit E, offers 1,486 square feet of retail space. The center benefits from two prominent pylon signs, one on Dorchester Road and one on-site, ensuring excellent visibility. Its strategic location is further enhanced by its proximity to major retailers such as Chick-fil-A (directly behind), Publix Super Market at Palmetto Pavilion, UPS, Subway, Supercuts, and La Hacienda Mexican Restaurant (across Resolute Way). A 208-unit apartment complex, Silvana Oaks, is located directly behind the property, providing a substantial residential base. The property is zoned B-2 General Commercial (APN: 181-00-00-104). This presents a unique opportunity for a business seeking high visibility and a strong customer base in a thriving Charleston retail corridor.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $989,964
- 6.5%
- $913,813
- 7%
- $848,541
-
Comparable approach
- Method
- Valuation
- Relative Method
- $732,181
- Geo Method
- $1,386,895
-
Alternative Use
- Use
- Valuation
- Residential
- $770,836
- Hospitality
- $706,081
- Educational
- $587,451
- Medical
- $607,655
- Retail
- $913,813
Location Insight
- City
- North Charleston
- County
- Dorchester
- State
- South Carolina
- Latitude
- 32.9154
- Longitude
- -80.112
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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