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    Nexton Pkwy Summerville, SC 29486

    For Sale
    Contact for pricing

    6-Acre Commercial Lot in Nexton

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 6-acre commercial parcel, identified as Midtown Parcel 4, presents a prime development opportunity in the thriving Nexton community of Summerville, South Carolina. Located on Nexton Parkway, this property boasts PUD zoning, allowing for a wide range of commercial development possibilities. The site offers full access via Blueway Avenue and enjoys a strategic location within close proximity to over 30,000 residences in established communities such as Nexton, Cane Bay, Wildcat Tract, and Camden Preserve. This ensures a robust and readily available customer base for any commercial venture. The area is well-served by existing infrastructure, including workplaces, medical facilities, schools, hotels, retail centers, and restaurants. Furthermore, the property benefits from its proximity to significant upcoming developments, including MUSC's new 180-bed hospital and a 200,000 square foot medical office campus slated to open in 2027. This presents a unique opportunity to capitalize on the growth and expansion of the healthcare sector in the region. The location also offers easy access to Charleston, South Carolina, a city consistently ranked among the top U.S. cities, further enhancing the investment potential of this exceptional property. The 29486 zip code provides a convenient and desirable address. This 6-acre site is ready for development and offers significant potential for long-term growth and return on investment.

    Property Features for 0 Nexton Pkwy

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • ±6 acres of developable land remaining for sale in Nexton.
    • PUD zoning.
    • Full access at Blueway Avenue.
    • Excellent proximity to over 30,000 residences.
    • Nearby established businesses, medical facilities, schools, and amenities.
    • Minutes from MUSC's new hospital and medical office campus (opening anticipated 2027).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerville
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.1366963
    Latitude
    33.0749151

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    FAQs

    What type of property is this?
    Land - 6-Acre Commercial Lot in Nexton
    Where is this land located?
    The property is located at Nexton Pkwy Summerville, SC.
    What are key features of this property?
    This property features: ±6 acres of developable land remaining for sale in Nexton.; PUD zoning.; Full access at Blueway Avenue.
    Request Owner's contact information
    Nexton Pkwy Summerville, SC 29486
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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
    Nexton Pkwy Summerville, SC 29486
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