1941 Savage RdCharleston, SC 29407

Property Details for 1941 Savage Rd

Year built

1986

Lot size

5.19 AC

Property size (Sq ft)

72,681 SF

Property type

Office properties

Property subtype

Office buildings

APN

351-02-00-057

APU

3510200057

Description

Prime flex space totaling approximately 6,560 square feet is available for sublease at West Charleston Business Center until August 31, 2025. This exceptional opportunity is situated in a high-growth area of West Ashley, offering unparalleled convenience and visibility. The space boasts approximately eleven individual offices, two break rooms, and two conference rooms, all complemented by four bathrooms and a climate-controlled warehouse/showroom area featuring two roll-up garage doors. This versatile layout is ideal for a variety of businesses seeking a flexible and functional workspace. The building, constructed in 1989, offers ample surface parking for tenants and visitors. Located just half a mile from I-526 on Highway 61, this property provides easy access to I-26, Downtown Charleston, Roper St. Francis Hospital, and numerous retail amenities. The property's address is identified by APN 351-02-00-057 within Charleston County. The total building size is 73,133 square feet, with multiple tenants currently occupying the remaining space. This sublease presents a unique chance to secure a well-appointed and strategically located flex space in a thriving Charleston County business hub. Floor plans are available upon request to illustrate the approximate dimensions of the individual spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $6,568,642

  6.5%

  $6,063,361

  7%

  $5,630,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,334,131

  Geo Method

  $12,307,801

• Alternative Use

  Use

  Valuation

  Residential

  $7,518,568

  Hospitality

  $6,886,968

  Educational

  $5,729,876

  Medical

  $5,926,936

  Retail

  $8,913,141

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.8066

Longitude

-80.0286

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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