774 Shelmore BlvdMount Pleasant, SC 29464

  • Office properties
  • 14,649 SF
For Lease
$36.95/SF/YR View listing

Property Details for 774 Shelmore Blvd

Year built
2002
Lot size
7.65 AC
Property size (Sq ft)
14,649 SF
Property type
Office properties
Property subtype
Office buildings
APN
514-00-00-161
APU
5140000161

Description

This exceptional Class A executive office suite, totaling 6,572 square feet, is available for sublease at 774 S Shelmore Blvd in Mount Pleasant, South Carolina. Located within The Shelmore, a vibrant office and retail campus, this space offers immediate occupancy in a prime location. The suite is part of a larger 48,469 square foot building constructed in 2002 and zoned AB- Areawide Business (APN: 514-00-00-161, Charleston County). The property boasts ample parking for tenants and visitors. The sublease term has approximately 2.75 years remaining, expiring November 1, 2026. The full-service lease rate includes all utilities and services except for tenant-specific data and telecommunications costs. The Shelmore campus offers a wealth of convenient amenities, including Second State Coffee, Langdon's, Wood & Grain, Playa Bowls, Tierra Al Mar, and Pilates of Charleston, enhancing the work environment and providing numerous options for employees. This is a multi-tenant building offering a dynamic and convenient work setting in the heart of Mount Pleasant (zip code 29464).

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,323,923
    6.5%
    $1,222,082
    7%
    $1,134,791
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,881,313
    Geo Method
    $2,480,662
  • Alternative Use

    Use
    Valuation
    Residential
    $1,515,382
    Hospitality
    $1,388,082
    Educational
    $1,154,868
    Medical
    $1,194,586
    Retail
    $1,796,461
774 Shelmore Blvd, Mount Pleasant, South Carolina

Location Insight

City
Mount Pleasant
County
Charleston
State
South Carolina
Latitude
32.8106
Longitude
-79.8772
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,191
-
-
-
-
$5,000,000
$5,400,000
$10,400,000

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