1770 Hock AveNorth Charleston, SC 29405

Property Details for 1770 Hock Ave

Year built

1981

Lot size

3.66 AC

Property size (Sq ft)

83,798 SF

Property type

Manufacturing properties

APN

470-05-00-004

APU

4700500004

Description

This exceptional 42,388-square-foot industrial warehouse, located at 1770 Hock Ave in North Charleston, South Carolina, 29405, presents a significant opportunity for businesses seeking efficient and modern space. The property is classified as an infill industrial building and offers a versatile layout suitable for various distribution and warehouse operations. The building features six dock-high doors and two drive-in doors, ensuring seamless loading and unloading of goods. Inside, the warehouse boasts ample clear height, reaching a minimum of 19 feet and a maximum of 24 feet at the center, providing generous vertical storage capacity. Modern amenities include energy-efficient LED lighting throughout, contributing to lower operational costs. A comprehensive wet sprinkler system is installed, providing essential fire protection and safety. The property is currently available for immediate occupancy, with possession available within 30 days. This prime location in North Charleston offers excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The multi-tenant building provides a flexible environment for various business needs. Don't miss this chance to secure this high-quality industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $37,317,000

  6.5%

  $34,446,500

  7%

  $31,986,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,219,000

  Geo Method

  $22,704,600

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $13,974,200

  Mixed-Use / Specialty

  $11,016,800

  Hospitality / Lodging

  $4,297,100

  Office

  $7,922,890

  Institutional / Educational

  $10,413,900

  Residential Income

  $12,184,200

  Multifamily

  $30,732,300

  Automotive / Energy

  $8,926,160

  Parking / Income-Based Land

  $5,952,970

  Restaurant / Food Service

  $-475,445

  Healthcare / Senior Housing

  $14,279,200

Location Insight

City

North Charleston

County

Charleston

State

South Carolina

Latitude

32.8756

Longitude

-79.9967

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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