1632 Central Ave Summerville, SC 29483
High-visibility commercial land with existing structure for renovation or redevelopment.
Property Features for 1632 Central Ave
General Information
- Standard status
- Active
- Size
- 831 SF
- Lot size
- 0.34 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1965
Listing office Coldwell Banker Commercial (803) 553-6902
Listing date Mar 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility location on Central Avenue in rapidly growing Knightsville/Summerville.
- OI (Office Institutional) zoning offers flexibility for various business or mixed‑use possibilities (subject to verification).
- Large ±0.34‑acre lot provides ample space for development or expansion.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.7k | $29.76 |
| − Vacancy | −$2.7k | −$3.27 |
| EGI | $22.0k | $26.49 |
| − OpEx | −$5.5k | −$6.62 |
| NOI | $16.5k | $19.86 |
