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    Mallard Rd Summerville, SC 29483

    For Sale
    $975,000

    5 Acres, High Ground, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5.07-acre parcel in Summerville, South Carolina, presents a remarkable development opportunity. Located on Mallard Road in Dorchester County (APN 128-00-00-089), this property boasts 4.76 acres of high ground, as verified by a preliminary jurisdictional determination letter from the Army Corps of Engineers. The land is zoned Dorchester - R-2 - Single Family Small Lot Residential, offering flexibility for various residential projects. Its strategic location provides easy access to I-26 (Exit 194) via Jedburgh Road, and is situated near the new Spinx gas station at the intersection of Mallard Road and Orangeburg Road, adjacent to the new Mallard Crossing neighborhood developed by D.R. Horton. Water and sewer utility lines are nearby. Supporting documentation includes zoning and utility maps, aerials, a boundary/tree survey, and a wetland map. Comparable sales data indicates strong potential return on investment, with a similar 3.74-acre parcel across the street selling for $240,000 per acre last year. This property is priced at $975,000, or approximately $204,831.93 per acre, representing a compelling opportunity in a rapidly growing area. The property's proximity to new residential developments and major roadways makes it an ideal location for future growth and development.

    Property Features for 0 Mallard Rd

    General Information

    Property type
    Land
    Lot Size
    220,849 SF

    HighLights

    • 5.07‑acre development site in Summerville, SC.
    • 4.76 acres of high ground, per Army Corps of Engineers.
    • Zoned R‑2, allowing for single‑family residential development.
    • Convenient access to I‑26 via Jedburgh Road, near new commercial development.
    • Utilities available nearby.
    • Priced at $975,000 ($204,831.93/acre), supported by comparable sales data.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.247746767662
    Latitude
    33.043310678556

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    FAQs

    What type of property is this?
    Land - 5 Acres, High Ground, Excellent Location
    Where is this land located?
    The property is located at Mallard Rd Summerville, SC.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 5.07-acre development site in Summerville, SC.; 4.76 acres of high ground, per Army Corps of Engineers.; Zoned R-2, allowing for single-family residential development.
    (843) 864-3760
    Request Owner's contact information
    Mallard Rd Summerville, SC 29483
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    Summerville, SC 29483
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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
    Mallard Rd Summerville, SC 29483
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