Prime Commercial Development
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2063 N Main St, Summerville, SC 29486
2.8-acre commercial parcel with permits in place.
Property Size1,737 SF
Lot Size2.80 Acres
Price / SF$2,014
Days on Market101
Property Features for 2063 N Main St
General Information
Standard status
Active
Size
1,737 SF
Lot size
2.80 Acres
Property subtype
Land
Zoning
GC- General Commercial
Investment Type
Redevelopment
Listing Agency:
Coldwell Banker Commercial Atlantic
(843) 725-6255
Listed By:
Julia Donovan · License #107156
Source:
Crexi
Added: May 21
Changed: Aug 26
Last Checked: Aug 28 at 11:58AM
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 Atlantic
Investment Insights
Based on property information with market context.
This 2.8-acre corner commercial parcel is positioned on N Main Street between Nexton and Carnes Crossroads. The location benefits from a traffic volume of 42,000 AADT, and full utilities are already available on site. Permits are in place for a proposed 24,650 square foot development. The property is positioned for long-term income and value growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed development has the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalization rate, the property could support an estimated stabilized valuation of approximately $12.3 million. Extensive due diligence materials, including wetland studies, soil reports, groundwater analysis, and site evaluations, have already been completed and are available upon request.
Key Highlights
- Permits already in place, reducing development timeline.
- High‑potential commercial development with projected annual gross income of approximately $862,750.
- Projected 7% capitalization rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 29486, SC
41,148
Population
19,452
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
90%
High-School Grad
62.3 sq mi
ZIP Area
660
Density / Sq Mi
$87,386
Median Household Income
$45,533
Median Earnings
$1,612
Median Rent
$329,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 2.8-acre commercial parcel with permits in place.
Where is this commercial land located?
The property is located at 2063 N Main St Summerville, SC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Permits already in place, reducing development timeline.; High‑potential commercial development with projected annual gross income of approximately $862,750.; Projected 7% capitalization rate.
