7704 Southrail RdNorth Charleston, SC 29420

Property Details for 7704 Southrail Rd

Year built

2004

Lot size

4.02 AC

Property size (Sq ft)

46,530 SF

Property type

Warehouses

APN

484-00-00-218

APU

4840000218

Description

This North Charleston, SC warehouse offers 1,000 to 14,650 square feet of immediately available space within an 80,000 square foot building located at 7704 Southrail Rd, 29420. The property is ideal for businesses requiring warehouse and/or storage space, and features a shared facility layout with dedicated space for tenants. The space includes convenient ground-level access via a large door, ample parking for trailers, and overnight parking options. Additional amenities include on-site office space and restrooms. The minimum leaseable space is 1,000 square feet, with a total of 14,650 square feet currently vacant. Labor and storage are permitted within the warehouse. Please note that this is a shared facility with restricted public access. The monthly rental rate is $1.15 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $21,993,000

  6.5%

  $20,301,200

  7%

  $18,851,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,655,610

  Geo Method

  $12,607,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $10,323,700

  Mixed-Use / Specialty

  $10,218,500

  Hospitality / Lodging

  $7,408,060

  Office

  $10,086,700

  Institutional / Educational

  $10,598,700

  Residential Income

  $12,400,500

  Multifamily

  $15,251,300

  Automotive / Energy

  $9,084,630

  Parking / Income-Based Land

  $3,202,500

  Restaurant / Food Service

  $5,168,920

  Healthcare / Senior Housing

  $10,549,000

Location Insight

City

North Charleston

County

Charleston

State

South Carolina

Latitude

32.9439

Longitude

-80.0673

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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