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    2215 Central Ave Summerville, SC 29483

    Sponsored
    For Sale
    $1,525,000

    Prime Summerville location, 25 units, ready to build.

    Property size:
    3,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity in Summerville, South Carolina, presents a fully approved mixed-use development site at 2215 Central Ave, with permits already secured for immediate construction. The 0.5-acre lot (buyer to verify) encompasses plans for 25 townhome lots, designed for modern living in a high-demand area, and a 3,400 square foot commercial building. This building offers versatile space suitable for retail, office, or mixed-use applications, boasting prime frontage on Central Ave for optimal visibility and accessibility. Located in the thriving Summerville community, a rapidly growing suburb of Charleston, the property enjoys convenient proximity to shopping, dining, and major transportation routes. The development benefits from a Class A designation and falls under the Dorchester - CG - General Commercial zoning. All impact fees have been paid and are included in the asking price of $1,525,000 (receipts available upon request). This turnkey project offers significant potential for both immediate development and long-term growth, eliminating lengthy approval processes and allowing for a swift return on investment. The property is zoned for multifamily and retail uses.

    Property Features for 2215 Central Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,400 SF
    Class
    A
    Lot Size
    21,780 SF

    Building Details

    Units
    25

    HighLights

    • Fully approved mixed‑use development site in Summerville, SC, ready for immediate construction.
    • 0.5‑acre lot (buyer to verify) with plans for 25 townhomes and a 3,400 sq ft commercial building.
    • Prime Central Ave frontage in a high‑demand area, offering excellent visibility and accessibility.
    • Class A designation, Dorchester - CG - General Commercial zoning, all impact fees paid.
    • $1,525,000 asking price (receipts available upon request).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Auto Repair Shop Wholesale Shop Bar & Pub Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.2430502
    Latitude
    32.9823974

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Summerville location, 25 units, ready to build.
    Where is this mixed-use property located?
    The property is located at 2215 Central Ave Summerville, SC.
    What is the asking price?
    The asking price for this property is $1,525,000.
    What are key features of this property?
    This property features: Fully approved mixed-use development site in Summerville, SC, ready for immediate construction.; 0.5-acre lot (buyer to verify) with plans for 25 townhomes and a 3,400 sq ft commercial building.; Prime Central Ave frontage in a high-demand area, offering excellent visibility and accessibility.
    (843) 733-9615
    Request Owner's contact information
    2215 Central Ave Summerville, SC 29483
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    Summerville, SC 29483
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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
    2215 Central Ave Summerville, SC 29483
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