3783 Meeting Street Rd - Site A

Industrial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30500094
Property Subtypes: Flex Space, Industrial-Business Park, Light Industrial, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 2,520 SF
Gross Building Area: See Agent
Gross Land Area: 0.11 Acres
Sale Price: $124,625
Unit Price: $49.45 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 2/17/2020

Overview / Comments

The property will provide a site for industrial, commercial, or continued residential uses. Value is in the land. Initial Pebble to likely bigger footprint. Best and highest use is the continued zoning of the land as M-1 Light Industrial and then a *HIGH* possibility of an assembly purchase of the tracts surrounding it to create the best value. *Pull this pebble out and then let's discuss tilting more.* Assembly of all contiguous properties will border CSX Rail Property. It is up to the Buyer's due diligence to investigate all aspects of intended uses. Zoned M-1 Light Industrial. **Zoning Verification Letter from the "City of North Charleston" required for any utilization.** *A New Tree Service Company Has Located Within The Contiguous Envelope Of Property Leading To Full Success Of Anyone Who Acquires This Site And The Remaining Parcels.* DEVELOPMENT OF SHIP WATCH SQUARE WITHIN 1/4 MILE OF THIS SITE Interstate Access May Be Obtained Within Two Minutes Drive Time Via Dorchester Road To I-26. Rail For Freight At CSX Within 30 Second Drive. Ports Authority Within 10-12 Minute Drive. Property is "AS IS" Buyer Due Diligence.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Taxing Authority: Charleston County, SC
Tax ID/APN: 469-02-00-189
Zoning: LI - Light Industrial District
Property Located Between: MacMillan & Rivers Avenue on Meeting Street Road
Highway Access: Interstate Access May Be Obtained Within Two Minutes Drive Time Via Dorchester Road To I-26. Rail For Freight At CSX Within 30 Second Drive. Ports Authority Within 10-12 Minute Drive. Air Freight Services at Airport within 5 Minute Drive.
Airports: Charleston International Airport within 5 Minutes
Site Description: A structure on an M-1 Light Industrial Zoned Tract. The value is in the land and not the structure that is on the property. Property is not leased to any tenant but owned.
Area Description: Small site location with structure thereon with contiguous parcels that may or may not be able to be acquired. The total scope of the envelope of the property is M-1 Light Industrial which is in high demand in the area. Close to the Port of Charleston with a multitude of uses. The key is the site is affordable and will serve the uses intended in a very easy to access area. An affordable site for storage or other utilization within two minutes of I-26. Time management alternative instead of going back to your home office for supplies. The acquisition will offset the cost in this manner over time.
Property Condition: Average
Year Built: 1900
Exterior Description: The building is not the focus but the M-1 Light Industrial Land is.
Parking Type: Other
Eave Height: 1
Sprinklers: None
Internet Access: Cable
Interior Description: No interior description, the site is for the land value and not the building on it. Minimal information on the building is given and only enough that is irrelevant to make the listing work.
Zoning Description: Currently Zoned M-1 Light Industrial With A Dwelling Thereon. **Zoning Verification Letter from the "City of North Charleston" required for any utilization.**
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Other
Easements Description: Normal ingress/egress and any utility easements that may exist upon the land. To be verified by the sole due diligence of a Purchaser.
Legal Description: Approximately 2,520 SF Dwelling and all Appurtenant Structures on approximately 0.11 acres.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,146 45,902 137,966
Median Age: 32.45 35.39 34.05
Households: 3,390 17,801 55,708

Contact

Photograph of Listing Agent

Gilbert B Bradham, Jr

Palmetto Commercial Prop, LLC SCCMLS Member
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