1525 Old Trolley RdSummerville, SC 29485

  • Retail properties
  • 28,898 SF
For Lease
$20/SF/YR View listing

Property Details for 1525 Old Trolley Rd

Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.87 AC
Property size (Sq ft)
28,898 SF
Zone code
UCMX_SV
Property type
Retail properties
Property subtype
Super regional malls
APN
153-00-00-078
APU
1530000078

Description

Trolley Square Center, located at 1525 Old Trolley Rd in Summerville, South Carolina, 29485, offers exceptional retail space in a thriving shopping center. This property boasts a total of 33,468 square feet, with five individual suites available for lease. Three spaces are currently vacant, totaling 8,568 square feet. Individual suite sizes range from a minimum of 1,200 square feet to a maximum contiguous space of 3,200 square feet, providing flexibility for various business needs. The center enjoys a prime location, situated next to a Publix and a CVS, ensuring high foot traffic and excellent cross-access between the properties. Ample parking is available for customers and employees, with a total of 171 parking spaces provided. This Dorchester County property presents a unique opportunity for businesses seeking high visibility and convenient access in a bustling commercial area. The property is classified as retail commercial with multiple tenancies. The convenient location and established neighboring businesses make this an ideal location for a variety of retail ventures. Contact us today to learn more about leasing opportunities and explore the potential of this vibrant retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,802,459
    6.5%
    $8,125,346
    7%
    $7,544,965
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,510,329
    Geo Method
    $12,331,840
  • Alternative Use

    Use
    Valuation
    Residential
    $6,854,034
    Hospitality
    $6,278,258
    Educational
    $5,223,437
    Medical
    $5,403,079
    Retail
    $8,125,346
1525 Old Trolley Rd, Summerville, South Carolina

Location Insight

City
Summerville
County
Dorchester
State
South Carolina
Latitude
32.9678
Longitude
-80.1671
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
$85,531
$51,840
$121,548
$173,388
-
$864,000
$2,025,800
$2,889,800

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