550 Long Point RdMount Pleasant, SC 29464

Property Details for 550 Long Point Rd

Year built

1999

Lot size

2.01 AC

Property size (Sq ft)

9,148 SF

Property type

Office properties

Property subtype

Office buildings

APN

537-00-00-022

APU

5370000022

Description

This exceptional Class A office building, located at 550 Long Point Rd in Mount Pleasant, SC, offers 20,560 square feet of prime executive office space. Currently, 10,280 square feet is available, divisible into units as small as 4,740 square feet and up to a contiguous 5,540 square feet. Built in 1996, the property boasts 112 on-site parking spaces (a 5.5/1,000 SF ratio). The building features a mix of glass-fronted offices, private offices, high ceilings, and open floor plans. The first floor is ideal for a full-floor tenant, complete with a kitchen, conference rooms, a private shower, and a central reception area off the building lobby. Building signage is available, and the landlord is open to renovations or subdividing the space to meet tenant needs. The property enjoys a highly convenient location just off I-526, with close proximity to Highway 17 North, approximately 5 miles to I-26, and within a 10-15 minute drive of Daniel Island and the Cain Hoy area. Numerous amenities are nearby, including restaurants, fitness centers, and shopping at Belle Hall Shopping Center. The SC Ports Authority HQ and Wando Welch Terminal are less than 2 miles away. The building is surrounded by upscale neighborhoods and is conveniently located near medical facilities, including Atria Assisted Living (next door), East Cooper Medical Center (2.8 miles), and Roper Saint Francis (approximately 8 miles).

• CAP approach

  CAP return

  Valuation

  6%

  $826,763

  6.5%

  $763,165

  7%

  $708,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,174,841

  Geo Method

  $1,549,122

• Alternative Use

  Use

  Valuation

  Residential

  $946,325

  Hospitality

  $866,829

  Educational

  $721,191

  Medical

  $745,994

  Retail

  $1,121,853

Location Insight

City

Mount Pleasant

County

Charleston

State

South Carolina

Latitude

32.8376

Longitude

-79.866

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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