1549 Folly RdCharleston, SC 29412

  • Commercial real estate
  • 4,320 SF
For Sale
$1,750,000 View listing

Property Details for 1549 Folly Rd

Year built
2005
Lot size
1.00 AC
Property size (Sq ft)
4,320 SF
Property type
Commercial real estate
APN
334-00-00-047
APU
3340000047

Description

This exceptional Charleston office building, located at 1549 Folly Road, presents a compelling investment opportunity. The property boasts 4,500 square feet of space within a single-story brick structure situated on a one-acre lot in Charleston County, South Carolina (zip code 29412). The property is zoned for Light Industrial use, offering versatility for a range of businesses. Ample parking is provided with 29 spaces available on-site. The mature landscaping enhances the property's curb appeal. A key advantage is the inclusion of an additional building pad, capable of supporting the construction of another 4,500 square foot building, allowing for significant expansion potential. The property is located in Flood Zone X and includes a backup generator for added peace of mind. The asking price is $1,750,000, translating to $388.89 per square foot. The property's APN is 334-00-00-047. This presents a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable Charleston location with significant expansion possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $446,887
    Hospitality
    $409,346
    Educational
    $340,571
    Medical
    $352,284
    Retail
    $529,778

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7074
Longitude
-79.9648
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
$11,791
-
-
$41,180
-
$435,600
$250,600
$686,200

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