2049 Savannah HwyCharleston, SC 29407

Property Details for 2049 Savannah Hwy

Year built

1975

Lot size

3.89 AC

Property size (Sq ft)

36,700 SF

Property type

Retail properties

Property subtype

Retail space

APN

310-08-00-010

APU

3100800010

Description

West Island Center, located at 2049 Savannah Hwy in Charleston, SC 29407, offers exceptional retail space. This single-story, 6,000 square foot building, constructed in 1975 (APN 3100800010), features 18 suites and boasts a prime location at the intersection of Mark Clark Expressway and Savannah Highway, providing easy access to Hwy 17 and I-526. Two adjacent vacant units are immediately available: Unit 40 (2,200 sq ft) and Unit 50 (3,950 sq ft), offering a combined maximum contiguous space of 16,000 sq ft, with a minimum divisible space of 2,152 sq ft. The center benefits from ample parking and excellent signage opportunities. High traffic volume and visibility are key advantages. Existing tenants include New South Windows, Aaron's, Kinsmith Finance, Family Dollar, Whiskey Jacks, and LL Flooring, suggesting a strong retail environment. The property's strategic location makes it ideal for businesses offering home products or accessories. Unit 40's size is particularly well-suited for a mattress company, while Unit 50 could be perfect for a chiropractic practice.

• CAP approach

  CAP return

  Valuation

  6%

  $4,875,712

  6.5%

  $4,500,658

  7%

  $4,179,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,877,352

  Geo Method

  $15,661,241

• Alternative Use

  Use

  Valuation

  Residential

  $3,796,473

  Hospitality

  $3,477,549

  Educational

  $2,893,280

  Medical

  $2,992,784

  Retail

  $4,500,658

Location Insight

City

Charleston

County

Charleston

State

South Carolina

Latitude

32.7896

Longitude

-80.0338

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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