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    5865 Octavia Ave Ravenel, SC 29470

    Pending
    For Sale
    $1,500,000

    LAND - Ravenel, SC

    Lot size:
    7.40 Acres
    Days on Market:
    142
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 5865 Octavia Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    187-00-00-220
    Lot size
    7.40 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Coldwell Banker North Charleston (843) 875-5525

    Listing agent Roddy Matthews (843) 607-0830

    Listing date Jul 18, 2025

    Copyright © 2025 Sumter Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ravenel Land for Development

    This 7.4-acre parcel of cleared land is currently operating as a manufactured home park. Its location makes it suitable for single-family homes or multi-family development. Ravenel sewer lines are situated across the back of the property, and public water lines are available on Octavia Avenue. The property currently accommodates 12 homes. The site is located approximately 1.5 miles from Food Lion and 9 miles from Roper St. Francis Hospital.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Accounting Firm Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ravenel
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.227663
    Latitude
    32.777896

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    • $500,000
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    FAQs

    What type of property is this?
    Mobile home & RV park - 7.4 acres of cleared land suitable for residential development.
    Where is this mobile home & rv park located?
    The property is located at 5865 Octavia Ave Ravenel, SC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 7.4 acres of cleared land suitable for development.; - Located in an area suitable for single-family homes or multi-family dwellings.; - Public sewer and water connections available.
    (843) 607-0830
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    5865 Octavia Ave Ravenel, SC 29470
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5865 Octavia Ave Ravenel, SC 29470
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