7550 Dorchester RdNorth Charleston, SC 29418

  • Retail properties
  • 49,091 SF
For Lease

Property Details for 7550 Dorchester Rd

Year built
1985
Lot size
4.83 AC
Property size (Sq ft)
49,091 SF
Property type
Retail properties
Property subtype
Retail space
APN
397-00-00-212
APU
3970000212

Description

This exceptional retail property, Dorchester Crossing, located at 7550 Dorchester Road in North Charleston, South Carolina, presents a prime leasing opportunity. The single-story building, constructed in 1985, boasts a total of 45,271 square feet, with 1,505 square feet currently available for lease. This space offers significant potential for a variety of retail businesses. The property features ample parking with 236 spaces available for customers and employees. The building is conveniently situated in Charleston County, zip code 29418, offering easy access for patrons and excellent visibility along Dorchester Road. The property is a multi-tenant building, providing a vibrant and bustling atmosphere. While there are no elevators, the single-story design ensures easy accessibility for all. The available space totals 3,010 square feet, providing ample room for a variety of retail concepts. This location offers a strong opportunity for businesses seeking high visibility and convenient access in a thriving commercial area of North Charleston. The property is currently available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,953,336
    6.5%
    $13,803,080
    7%
    $12,817,145
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,059,539
    Geo Method
    $20,948,936
  • Alternative Use

    Use
    Valuation
    Residential
    $11,643,414
    Hospitality
    $10,665,305
    Educational
    $8,873,408
    Medical
    $9,178,578
    Retail
    $13,803,080
7550 Dorchester Rd, North Charleston, South Carolina

Location Insight

City
North Charleston
County
Charleston
State
South Carolina
Latitude
32.9033
Longitude
-80.0788
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$81,367
-
-
$214,280
-
$1,683,152
$2,343,548
$4,026,700

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