1035 Folly Rd

Charleston, SC
$ 2,300,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

This is a ground lease and BB&T constructed the building. Current year rent is $122,892.63. There are Four (4) Five (5) year renewal options. There are 2% annual escalations for each year of the current (initial) lease term and for each year of the option terms as well. - Four (4) Five (5) year renewal options - 2% annual increases throughout initial term and option periods - Average NOI over balance of initial term is $129,263 - 1.3 AC site with an apprx 3944 SF freestanding all brick bank branch built by BB&T on an excellent high traffic Folly Road location

Contingent

  • Price
  • $ 2,300,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Charleston
  • County
  • CHARLESTON
  • Style
  • Area
  • James Island
  • MLS#
  • 30651327
  • Zip
  • 29412
Listing Provided by: Commercial Real Estate Ventures, LLC

Features

General

Property Sub Type Free-Standing Building
Property Type Retail-Commercial
Submarket 21 - James Island

Interior Features

Landsize Max 1.300
Landsize Min 1.300
Landsize Units Acre

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Edgefield, SC office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/18/2020 Listed $2,300,000

Property vs Zip Code Average in 29412

Price
AVG $500K
$2.3M
Visits
AVG 112
40
Walkscore
AVG 22
52
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1035 Folly Rd Charleston, SC is a Single Family Home for sale at $2300000 and a lot size of Acre(s). 1035 Folly Rd Charleston has 0 bedrooms, 0 baths . The property's zip code is 29412 which is in Charleston, SC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.