Corner Commercial Parcel; Town of Summerville, Hwy 78 Land

Vacant Land for Sale
Catylist Listing ID: 30322718
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 0.90 Acres
Sale Price: $549,000
Unit Price: $610,000 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2020

Overview / Comments

Location! Location! Location! Nearly an acre Corner Parcel is located less than 10 minutes drive to Exit #197 Nexton Parkway exit on Interstate 26. Nearly 1 Acre Corner parcel (0.90 acre) with approximately 200-feet of frontage on Hwy 78 with 1 access point on Hwy 78 (also known as West 5th North St) and roughly 217-feet fronting N. Palmetto St with 1 access point from N. Palmetto St. Two residential buildings exist on parcel currently and future owner could generate monthly income from rentals ($1600 monthly) prior to razing for redevelopment purpose.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Taxing Authority: Town of Summerville
Tax ID/APN: 130-15-03-009
Property Located Between: Central Ave and Maple St
Property Visibility: Excellent
Largest Nearby Street: Cedar St aka Central Ave
Feet of Frontage: 200
Traffic/Vehicle Count: 16,800
Highway Access: Less than 10 min drive to Exit #197 @ I-26
Airports: 30 min to Charleston International Airport
Site Description: Parking at your door; this suite is above the State Farm fronting Hwy 78; fantastic visibility and includes signage on the street!
Area Description: Very close to downtown Summerville and easy access to Nexton, Azalea Square, as well as the interstate.
Zoning Description: B2
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,572 49,995 114,710
Median Age: 39.56 36.27 34.67
Households: 2,215 18,945 42,585


Photograph of Listing Agent

Jonathan C Lee

Choice Realty, Inc. SCCMLS Member
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