200' CN zoning Folly Road

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 30703818
Property Subtypes: Office Building
Building Size (RSF): 2,915 SF
Gross Land Area: 1.01 Acres
Sale Price: $995,000
Unit Price: $341.34 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

Two adjacent lots totaling 200' on Folly and 220' deep for a gross acreage of 1.01.
Neighborhood Commercial zoning in the Town of James Island offers a diverse array of uses. These properties also fall inside the Folly Road Corridor "South Village" Future Land Use Plan. The two ranch structures (one per lot) have been rented as long-term small businesses for approximately 15 years and as residential homes prior to that. Both properties are currently vacant and represent tear down/rebuild, renovate or lease as-is opportunities. Both former residences appear structurally sound. Parcels convey together "as-is". See Plat G3 and updated survey in docs. While all information presented herein is deemed to come from reliable sources, the seller and real estate agents cannot guarantee its accuracy. The buyer should determine everything of importance, including the suitability of these properties for buyer's intended use.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 21 - James Island
Taxing Authority: Town of James Island
Tax ID/APN: 427-01-00-013
Zoning: CN - Neighborhood Commercial District
Property Located Between: Tire Choice (formerly TreadQuarters) and Pubix at Riverland Market
Property Visibility: Excellent
Highway Access: Properties share a curb cut from Folly with right-in and left-in access from the center median/turn lane.
Site Description: See 2005 site plan and updated survey in docs
Area Description: Adjacent to Tire Choice; across Folly from SC Federal Credit Union and Blue Water Convenience Store just south of intersection of Folly, Ft Johnson and Grimball Rd/Riverland Dr. The new Publix at Riverland Market is less than 300' south of subject properties across Folly.
Total Number of Buildings: 4
Number of Stories: 1
Year Built: 1955
Roof Type: Gable
Construction/Siding: Brick
Parking Description: Currently about 7 spaces in front of each building. Plenty of room to locate additional parking in rear.
Total Parking Spaces: 15
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Old ranch homes - see floor plans in documents
Zoning Description: Neighborhood Commercial South Village Future Land Use District Town of James Island
Lot Frontage: 200
Lot Depth: 220
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,782 29,523 66,487
Median Age: 37.09 38.79 37.61
Households: 2,010 12,896 29,301

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