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107 West Lincoln Avenue

Wayland Myers Purchases Commercial Property From Oak Cap Ventures For $2,613,586 In Charleston
SOLDCommercial

Wayland Myers Purchases Commercial Property From Oak Cap Ventures For $2,613,586 In Charleston

107 West Lincoln Avenue

$2,613,586

$1,574/SF

Building Size

1,660 SF

Asset Type

Commercial

Closing

Jul 17, 2026

AI

The property asset involved in this transaction is a commercial property located at 107 West Lincoln Avenue in Charleston. The sale price for this asset was $2,613,586, and it encompasses a total square footage of 1,660, which equates to a price per square foot of $1,574.

Summary of transaction details:

The key individuals involved in this transaction include Wayland Myers, who acted as the buyer, and Oak Cap Ventures, the seller of the property. The brokerage representing the transaction was led by Ricardo Esteves from Marcus & Millichap, ensuring the deal was facilitated smoothly.

Players

Ricardo Esteves

Marcus & Millichap

Broker

$422.2M

vol

61 deals

Broker

Wayland Myers

Buyer

$2.6M

vol

1 deal

Buyer
OV
Oak Cap VenturesSeller

Charleston Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.07%

Cash-on-Cash

-1.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93