4510 Rivers AveNorth Charleston, SC 29405

Property Details for 4510 Rivers Ave

Year built

2000

Lot size

2.50 AC

Property size (Sq ft)

5,021 SF

Property type

Commercial real estate

APN

470-02-00-001

APU

4700200001

Description

This exceptional 2.5-acre industrial property, located at 4510 Rivers Ave in North Charleston, SC (zip code 29405), presents a unique opportunity for contractors or light industrial users. The property, zoned B-2 - General Business District (APN 470-02-00-001), boasts a substantial graveled and fenced lay-down yard ideal for equipment storage and operations. The site includes a diverse range of office space, totaling nearly 5,000 square feet. This comprises a 1,800-square-foot brick office building, along with three office trailers measuring 1,440, 980, and 720 square feet respectively. The property's strategic location offers easy access to major transportation arteries, including I-26 and I-526, ensuring efficient logistics and convenient commutes. The lease rate is $10,000 per acre per month. The property is suitable for a single tenant and offers the flexibility of potential subdivision to accommodate specific business needs. This prime North Charleston location combines ample outdoor space with versatile office accommodations, making it an attractive investment for businesses seeking a well-equipped and conveniently situated industrial base of operations.

• CAP approach

  CAP return

  Valuation

  6%

  $514,283

  6.5%

  $474,723

  7%

  $440,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $644,827

  Geo Method

  $850,256

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,063,960

  Retail / Commercial

  $837,306

  Mixed-Use / Specialty

  $660,104

  Hospitality / Lodging

  $257,473

  Office

  $474,723

  Institutional / Educational

  $623,976

  Residential Income

  $730,052

  Multifamily

  $1,841,410

  Automotive / Energy

  $534,837

  Parking / Income-Based Land

  $356,689

  Restaurant / Food Service

  $-28,487.70

  Healthcare / Senior Housing

  $855,581

Location Insight

City

North Charleston

County

Charleston

State

South Carolina

Latitude

32.8739

Longitude

-79.9986

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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