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    Forrest Dr Charleston, SC 29492

    Sponsored
    For Sale
    $275,000

    Prime Charleston industrial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.82-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving Charleston, South Carolina market. Located at the intersection of Clements Ferry Road and Forrest Drive in Berkeley County (APN 271-00-02-151), this property benefits from high visibility and convenient access. The site is zoned for Heavy Industrial use, offering a wide range of development possibilities. Its strategic location places it directly in front of the Pointe at Governor’s Cay multi-family development and the Island at Governor’s Cay single-family neighborhood, ensuring high traffic and strong potential for future growth. The property's proximity to I-526, easily accessible via Exit 23 on Clements Ferry Road, provides excellent connectivity to major transportation arteries. With its substantial size and prime location, this land parcel is perfectly suited for a variety of commercial and industrial ventures, representing a compelling investment opportunity in a rapidly expanding area. The asking price for this exceptional property is $275,000. This is a rare opportunity to acquire a significant land holding in a high-growth area of Charleston. Don't miss out on this chance to secure a valuable asset in a dynamic market. The zip code is 29492.

    Property Features for 0 Forrest Dr

    General Information

    Property type
    Land
    Lot Size
    122,839 SF

    HighLights

    • 2.82‑acre commercial and industrial land parcel in Charleston, SC.
    • Located at Clements Ferry Road and Forrest Drive, Berkeley County (APN 271‑00‑02‑151).
    • Heavy Industrial zoning allows diverse development options.
    • High visibility due to location near Pointe at Governor's Cay and Island at Governor's Cay residential communities.
    • Excellent access to I‑526 via Exit 23 on Clements Ferry Road.
    • Asking price: $275,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.9279128
    Latitude
    32.8809427

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    FAQs

    What type of property is this?
    Land - Prime Charleston industrial land, ideal for development.
    Where is this land located?
    The property is located at Forrest Dr Charleston, SC.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 2.82-acre commercial and industrial land parcel in Charleston, SC.; Located at Clements Ferry Road and Forrest Drive, Berkeley County (APN 271-00-02-151).; Heavy Industrial zoning allows diverse development options.
    Request Owner's contact information
    Forrest Dr Charleston, SC 29492
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    Charleston, SC 29492
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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
    Forrest Dr Charleston, SC 29492
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