2063 N Main St Summerville, SC 29486

Listing office Coldwell Banker Commercial Atlantic

Listing date May 21, 2026

Source Crexi

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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.

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FAQs

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.