525 Folly RdCharleston, SC 29412

  • Office properties
  • 1,514 SF
For Lease
$875/SF/YR View listing

Property Details for 525 Folly Rd

Year built
1955
Lot size
0.23 AC
Property size (Sq ft)
1,514 SF
Property type
Office properties
Property subtype
Office buildings
APN
424-09-00-089
APU
4240900089

Description

This exceptional Class A office space at 525 Folly Road in Charleston, South Carolina offers a variety of flexible options for businesses of all sizes. Located in Charleston County, zip code 29412, this property boasts two buildings totaling 3,800 square feet and comprises 17 individual suites. The space is available in configurations ranging from a minimum of 100 square feet to a maximum contiguous space of 1,700 square feet, catering to diverse needs. The building, constructed in 2018, offers traditional office spaces, executive suites, and coworking options, making it suitable for a wide range of businesses. The property features convenient on-site off-street parking and high visibility signage on the heavily trafficked Folly Road, ensuring excellent exposure. Executive suites have access to a dedicated conference room. The location is highly desirable, situated directly across from a Publix supermarket and within a short drive of numerous restaurants. Commuting to downtown Charleston is easy, with the James Island Connector just 3.5 miles away. This prime location offers unparalleled convenience and accessibility. Contact us today to explore the possibilities and find the perfect office space to suit your business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $136,830
    6.5%
    $126,304
    7%
    $117,283
  • Comparable approach

    Method
    Valuation
    Relative Method
    $194,437
    Geo Method
    $256,381
  • Alternative Use

    Use
    Valuation
    Residential
    $156,617
    Hospitality
    $143,461
    Educational
    $119,358
    Medical
    $123,463
    Retail
    $185,667
525 Folly Rd, Charleston, South Carolina

Location Insight

City
Charleston
County
Charleston
State
South Carolina
Latitude
32.7535
Longitude
-79.9727
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
$8,092
-
-
$29,090
-
$275,908
$208,992
$484,900

FAQs

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