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    2701 Cormorant Ct Mount Pleasant, SC 29466

    For Sale
    $799,000

    1.67-acre parcel, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.67-acre commercial land parcel presents a remarkable investment opportunity in the desirable Park West community of Mount Pleasant, South Carolina. Located at 2701 Cormorant Ct, this prominent corner lot boasts significant street frontage on both Bessemer Road and Cormorant Court, providing excellent visibility and accessibility. Its strategic position just off Highway 41 ensures high traffic volume and exposure to a large potential customer base. The property is zoned PD, falling within the TC district of a planned development, offering a diverse range of permitted uses. Preliminary plans suggest the potential for a ±6,300 square foot building, suitable for single or multi-tenant occupancy. Envisioned uses include, but are not limited to, office spaces, medical facilities, retail establishments, childcare centers, restaurants, and fitness centers. The asking price for this exceptional property is $799,000. Detailed information regarding permitted uses within the TC district is available upon request. The parcel's APN is 583-03-00-195. This is a rare opportunity to acquire a well-situated commercial lot in a thriving South Carolina market. Don't miss out on this chance to build your business's future.

    Property Features for 2701 Cormorant Ct

    General Information

    Property type
    Land
    Lot Size
    72,745 SF

    HighLights

    • 1.67‑acre commercial lot in Mount Pleasant, SC's desirable Park West community.
    • Prominent corner lot at 2701 Cormorant Ct with high visibility and accessibility due to street frontage on Bessemer Rd and Cormorant Ct.
    • High traffic volume location just off Highway 41.
    • PD zoning (TC district) allows for diverse uses including office, medical, retail, childcare, restaurant, and fitness.
    • Preliminary plans indicate potential for a ±6,300 sq ft building (single or multi‑tenant).
    • Asking price: $799,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Clothing Store Gym & Fitness Wholesale Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pleasant
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.803623
    Latitude
    32.878095

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    FAQs

    What type of property is this?
    Land - 1.67-acre parcel, prime location.
    Where is this land located?
    The property is located at 2701 Cormorant Ct Mount Pleasant, SC.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 1.67-acre commercial lot in Mount Pleasant, SC's desirable Park West community.; Prominent corner lot at 2701 Cormorant Ct with high visibility and accessibility due to street frontage on Bessemer Rd and Cormorant Ct.; High traffic volume location just off Highway 41.
    Request Owner's contact information
    2701 Cormorant Ct Mount Pleasant, SC 29466
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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
    2701 Cormorant Ct Mount Pleasant, SC 29466
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