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    Nexton Pkwy & Long Mdw St Summerville, SC 29486

    For Lease
    Contact for pricing

    Summerville, SC Mixed-Use Land for Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.274-acre commercial land parcel presents a prime development opportunity in the thriving Nexton community of Summerville, South Carolina. Located at the intersection of Nexton Parkway and Long Meadow Street, this strategically positioned site offers unparalleled visibility and accessibility. Zoned for mixed-use development, this single-tenant property allows for a wide range of commercial uses, including retail, restaurant, or office space. The expansive lot size provides ample space for building construction and potential landscaping. Situated in Dorchester County, this property benefits from the robust growth and economic vitality of the Nexton master-planned community. The area boasts a strong residential population, providing a built-in customer base for commercial ventures. This is an exceptional chance to establish a presence in a rapidly expanding area with high potential for return on investment. The property's location offers easy access to major roadways, ensuring convenient access for both employees and customers. With its prime location and flexible zoning, this land parcel is ideal for developers seeking a high-impact commercial project. The 1.21 acres of usable land provide significant flexibility in design and development plans. This is a rare opportunity to acquire a well-situated commercial lot in a sought-after location. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is currently available for lease.

    Property Features for 0 Nexton Pkwy & Long Mdw St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 1.274‑acre site available for ground lease or build‑to‑suit (BTS).
    • Prominent Nexton location serving a 5,000‑acre community with 10,000+ single‑family homes, 2,000+ multi‑family units, and 6M SF of commercial space.
    • Excellent visibility from Nexton Parkway.
    • Strategically located in a high‑growth corridor near I‑26.
    • Proposed traffic signal at Scholar Way and Nexton Parkway.
    • Nearby planned Harris Teeter and Publix grocery stores.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.1516705
    Latitude
    33.0625102

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    FAQs

    What type of property is this?
    Individual retail property - Summerville, SC Mixed-Use Land for Lease
    Where is this individual retail property located?
    The property is located at Nexton Pkwy & Long Mdw St Summerville, SC.
    What are key features of this property?
    This property features: 1.274-acre site available for ground lease or build-to-suit (BTS).; Prominent Nexton location serving a 5,000-acre community with 10,000+ single-family homes, 2,000+ multi-family units, and 6M SF of commercial space.; Excellent visibility from Nexton Parkway.
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    Nexton Pkwy & Long Mdw St Summerville, SC 29486
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    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 & Long Mdw St Summerville, SC 29486
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