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    2215 Central Ave Summerville, SC 29483

    Sponsored
    For Sale
    Contact for pricing

    Three development options available. Fully permitted.

    Property size:
    3,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Summerville, SC property offers three distinct investment opportunities at 2215 Central Avenue. Option One encompasses a fully approved mixed-use development, including 25 townhome lots and a 3,400 square foot commercial building. All necessary permits are in hand, impact fees are paid, and comprehensive civil engineering plans are included in the $1,525,000 purchase price. Option Two focuses solely on the commercial building lot (.25 acres +/-) for $200,000. This fully permitted site is ideally situated on Central Avenue, benefiting from high visibility and proximity to residential areas. Finally, Option Three provides the opportunity to develop 25 townhome lots for $1,325,000. This fully permitted residential development boasts a prime location in Summerville's thriving market, with impact fees already paid. All options are located in Dorchester County, SC, zip code 29483, and are zoned PUD. The total land area for the entire mixed-use development ranges from 0.25 to 0.5 acres. This presents a rare chance to capitalize on Summerville's growth, whether you're a seasoned developer or a first-time investor seeking a high-yield opportunity. The property's strategic location offers easy access to major transportation routes, shopping, and dining, ensuring strong potential for long-term growth and immediate development. The fully approved status and inclusion of permits and impact fees eliminate lengthy approval processes, allowing for a swift transition from planning to construction.

    Property Features for 2215 Central Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,400 SF
    Lot Size
    10,890 SF

    HighLights

    • Option One: Fully approved mixed‑use development at 2215 Central Ave, Summerville, SC (29483), encompassing 25 townhome lots and a 3,400 sq ft commercial building. All permits and impact fees are paid; civil engineering plans included. Priced at $1,525,000. Zoned PUD.
    • Option Two: Fully permitted .25‑acre commercial building lot at 2215 Central Ave, Summerville, SC (29483). High visibility location. Priced at $200,000. Zoned PUD.
    • Option Three: Fully permitted residential development site at 2215 Central Ave, Summerville, SC (29483), approved for 25 townhomes. Impact fees paid. Priced at $1,325,000. Zoned PUD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Auto Repair Shop Wholesale Shop Bar & Pub Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.243195189143
    Latitude
    32.982313613243

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    FAQs

    What type of property is this?
    Retail property - Three development options available. Fully permitted.
    Where is this retail property located?
    The property is located at 2215 Central Ave Summerville, SC.
    What are key features of this property?
    This property features: Option One: Fully approved mixed-use development at 2215 Central Ave, Summerville, SC (29483), encompassing 25 townhome lots and a 3,400 sq ft commercial building. All permits and impact fees are paid; civil engineering plans included. Priced at $1,525,000. Zoned PUD.; Option Two: Fully permitted .25-acre commercial building lot at 2215 Central Ave, Summerville, SC (29483). High visibility location. Priced at $200,000. Zoned PUD.; Option Three: Fully permitted residential development site at 2215 Central Ave, Summerville, SC (29483), approved for 25 townhomes. Impact fees paid. Priced at $1,325,000. Zoned PUD.
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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
    2215 Central Ave Summerville, SC 29483
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