115 Fairchild StCharleston, SC 29492

  • Office properties
  • 91,112 SF
For Lease
$25/SF/YR View listing

Property Details for 115 Fairchild St

Year built
2001
Lot size
14.60 AC
Property size (Sq ft)
91,112 SF
Zone code
CHARLESTON - DI-GO
Property type
Office properties
Property subtype
Office buildings
APN
275-00-00-153
APU
2750000153

Description

The Landing, located at 115 Fairchild Street in Charleston, South Carolina, presents a unique opportunity for businesses seeking executive office space. This Class A building, constructed in 2006 and renovated in 2018, offers a total of 66,815 square feet across two suites. The minimum divisible space is 4,405 square feet, with a maximum contiguous space of 9,977 square feet. Currently, 14,382 square feet are vacant, providing flexibility for various business needs. The property boasts abundant on-site parking, a significant advantage in a bustling urban environment. Its prime location in Charleston County, zip code 29492, provides excellent access to Interstate I-526, facilitating easy commutes east and west. Furthermore, The Landing enjoys a highly convenient location within walking distance of a diverse range of amenities, including dining establishments, retail shops, financial institutions, and residential areas. This strategic position places it in close proximity to prominent office tenants such as Blackbaud and Benefitfocus, underscoring its desirability and potential for future growth. This exceptional property offers a blend of modern amenities, convenient location, and ample space, making it an ideal choice for discerning businesses seeking a prestigious Charleston address.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,234,368
    6.5%
    $7,600,954
    7%
    $7,058,029
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,701,151
    Geo Method
    $15,428,906
  • Alternative Use

    Use
    Valuation
    Residential
    $9,425,183
    Hospitality
    $8,633,417
    Educational
    $7,182,902
    Medical
    $7,429,933
    Retail
    $11,173,403
115 Fairchild St, Charleston, South Carolina

Location Insight

City
Daniel Island
County
Berkeley
State
South Carolina
Latitude
32.8638
Longitude
-79.9127
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
2022
$340,601
$285,144
$733,566
$1,018,710
-
$4,752,400
$12,226,100
$16,978,500

FAQs

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