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    1128 Melvin Bennett Rd Mount Pleasant, SC 29464

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    For Sale
    $1,400,000

    One acre lot centrally located near shopping and beaches.

    Property Features for 1128 Melvin Bennett Rd

    General Information

    Standard status
    Active

    Source: CAROLINA ONE REAL ESTATE Agent CHARLES HAMRICK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Acre Lot in Mount Pleasant

    This is an opportunity to purchase a full acre centrally located within Mt. Pleasant, not in a flood zone. Options include subdividing to create two lots with building pads, renovating the current structure, or tearing it down to create a unique property. There is also potential to re-zone the property. The location is near shopping, restaurants, Sullivan's Island and Isle of Palms, Towne Centre, I-526, HWY 17, Coleman Blvd, the Ravenel Bridge and downtown Charleston. Melvin Bennett is a short dead-end road with no through traffic and no HOA. A couple of large trees have been removed to open the building pad. The existing structure is sold strictly "as-is." Utilities are at the street. The seller has prospective building plans for new construction.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.850164
    Latitude
    32.806408

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    FAQs

    What type of property is this?
    Land - One acre lot centrally located near shopping and beaches.
    Where is this land located?
    The property is located at 1128 Melvin Bennett Rd Mount Pleasant, SC.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Full acre lot centrally located in Mt. Pleasant.; - Not in a flood zone; potential for subdivision into two lots.; - Prime location near shopping, restaurants, beaches (Sullivan's Island and Isle of Palms), Towne Centre, and major roadways (I-526, HWY 17).
    Request Owner's contact information
    1128 Melvin Bennett Rd Mount Pleasant, SC 29464
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    Mount Pleasant, SC 29464
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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
    1128 Melvin Bennett Rd Mount Pleasant, SC 29464
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