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    Metropolitan Ave Summerville, SC 29486

    Sponsored
    For Lease
    $37 SF/Yr

    Prime Summerville Retail Space Available

    Lot size:
    53,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail and restaurant opportunity is located in the thriving Downtown Nexton development in Summerville, South Carolina. The property boasts a total of 53,900 square feet of vacant space, offering flexible options for multiple tenants. Individual spaces range from a minimum of 6,400 square feet to a maximum contiguous space of 20,000 square feet, catering to a variety of business needs. The site is strategically positioned in the award-winning, master-planned community of Nexton, along I-26, ensuring high visibility and convenient access for customers. Its location approximately 25 miles from Charleston, SC, a consistently top-ranked US city, provides access to a large and growing consumer base. The property's lot size ranges from 0.95 to 7.41 acres, offering ample space for development and expansion. This is an unparalleled chance to establish a presence in a vibrant and rapidly expanding area of Dorchester County. The property is zoned for retail and restaurant uses, making it ideal for a variety of businesses seeking a high-traffic location with strong growth potential. The flexible space options allow for customization to meet specific tenant requirements, making it an attractive investment for both established businesses and new ventures. Don't miss this opportunity to secure a prime location in one of South Carolina's most dynamic communities. The property is located on Metropolitan Ave, Summerville, SC 29486.

    Property Features for 0 Metropolitan Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,900 SF
    Total Rate
    166191.67

    Unit(s) available at that property

    Space
    Building 8
    Size
    7,500 SF
    Rate per SF
    $49
    Space
    Building 5B
    Size
    10,000 SF
    Space
    Building 2
    Size
    6,400 SF
    Rate per SF
    $47
    Space
    Building 1
    Size
    20,000 SF
    Rate per SF
    $37
    Space
    Building 5A
    Size
    10,000 SF

    HighLights

    • Highest concentration of commercial space in Nexton.
    • Parcel 1A: 1.34‑acre lot, suitable for drive‑thru restaurant.
    • Parcel 1D: 1.71‑acre lot, ideal for multi‑tenant retail, fitness, or entertainment; sub‑dividable.
    • Parcel 1E: 3.43‑acre lot for retail use.
    • Parcels 8A‑8C: 1 to 6.02‑acre lots suitable for service retail, auto services, or large‑format office; sub‑dividable.
    • Located in Nexton, a 4,500‑acre master‑planned community with a projected 8,000 homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.153258
    Latitude
    33.0500777

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    FAQs

    What type of property is this?
    Restaurant - Prime Summerville Retail Space Available
    Where is this restaurant located?
    The property is located at Metropolitan Ave Summerville, SC.
    What is the lease rate?
    The lease rate is $0.00-$49 SF/Yr.
    What are key features of this property?
    This property features: Highest concentration of commercial space in Nexton.; Parcel 1A: 1.34-acre lot, suitable for drive-thru restaurant.; Parcel 1D: 1.71-acre lot, ideal for multi-tenant retail, fitness, or entertainment; sub-dividable.
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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
    Metropolitan Ave Summerville, SC 29486
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