Property profile

4410 Savannah Hwy Ravenel, SC 29470

FOR LEASE
Commercial land
Property ID
US77-1093079
1 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2.02-acre commercial property, located at 4410 Savannah Highway in Ravenel, South Carolina, presents a unique investment opportunity. Currently zoned Neighborhood Commercial by the Town of Ravenel, this site offers significant potential for development. The property boasts prominent frontage on Savannah Highway, ensuring high visibility and accessibility. Its strategic location offers close proximity to John's Island, an area experiencing substantial growth and development. The site's size allows for a variety of development options, making it ideal for an executive office building or other commercial ventures. The asking price is $500,000. The property's one square foot listing reflects the land's potential for new construction, not an existing building. Nearby development activity includes a new State Farm office under construction on a 0.7-acre corner parcel, further highlighting the area's growth trajectory. This property is an excellent choice for investors seeking a prime location in a thriving commercial corridor. The 29470 zip code offers easy access to Charleston County and surrounding areas. This is a rare opportunity to acquire a significant parcel of land with high visibility and development potential in a rapidly growing area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
APN 245-00-00-014
UPID US77-1093079

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4410 Savannah Hwy Ravenel, SC 29470
Ravenel metro Census 5800 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2022
Last sale
$310,000
4 recorded transactions
2024
Price N/A
2022
$310,000
2021
Price N/A
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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