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    Old Jacksonboro Rd Ravenel, SC 29470

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    For Sale
    $6,500,000

    31.19-acre commercial land with highway frontage in Ravenel, SC.

    Lot size:
    98.37 Acres

    Property Features for Old Jacksonboro Rd

    General Information

    Lot size
    98.37 Acres

    Source: Palmetto Commercial Prop, LLC Agent Edward Buxton

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

    Overview

    Ravenel Undeveloped Commercial Land

    This property comprises a 31.19-acre undeveloped tract situated in the Town of Ravenel. The site features over 1,000 feet of frontage on US Highway 17 South, offering significant visibility. Traffic counts average approximately 22,400 vehicles per day. Zoned Neighborhood Commercial Center within the Tea Farm PD, the property's by-right uses include professional offices. Conditional uses encompass retail opportunities such as grocery stores and general retail. The property is not suited for multi-family development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ravenel
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.213163
    Latitude
    32.783799

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    FAQs

    What type of property is this?
    Land - 31.19-acre commercial land with highway frontage in Ravenel, SC.
    Where is this land located?
    The property is located at Old Jacksonboro Rd Ravenel, SC.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Prime Highway Frontage: Over 1,000 feet on US Highway 17 South provides exceptional visibility.; - High Traffic Volume: Approximately 22,400 vehicles per day average ensures significant exposure.; - Sizeable Acreage: 31.19-acre tract offers ample space for development.
    (843) 720-2668
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    Old Jacksonboro Rd 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
    Old Jacksonboro Rd Ravenel, SC 29470
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