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    Nexton Pkwy Summerville, SC 29486

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    For Sale
    Contact for pricing

    Summerville, SC: Prime Commercial Parcels

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial real estate offering presents two prime parcels within the thriving Nexton master-planned community in Summerville, South Carolina. Located on Nexton Parkway, these properties boast significant acreage and development potential. Parcel O encompasses approximately 29.7 acres and is listed at $22,800,000, while Parcel H comprises roughly 23.59 acres and is priced at $13,200,000. Both parcels are zoned PUD (Planned Unit Development), allowing for a wide range of commercial uses, including retail, multifamily, office, and land development. The expansive Nexton community is a rapidly growing area, projected to include 8,000 homes upon completion, ensuring a substantial and established residential base for any commercial venture. The site offers ample parking, with a total of 1,740 spaces available across both parcels. This presents a unique opportunity to acquire significant acreage in a high-growth area, ideal for developers seeking to capitalize on the burgeoning commercial demand within Nexton. The total acreage available across both parcels is between 30 and 60 acres, providing flexibility for large-scale development projects. This is a rare chance to secure a prominent position in one of South Carolina's most dynamic and sought-after communities. The properties are being offered for sale. Detailed site plans and zoning information are available upon request.

    Property Features for 0 Nexton Pkwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,306,800 SF

    HighLights

    • Parcel O: 29.7 acres, $22,800,000.
    • Parcel H: 23.59 acres, $13,200,000.
    • Located in Nexton, Summerville, SC, a 4,500‑acre master‑planned community with 8,000 projected homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerville
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.1364869
    Latitude
    33.0753177

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    FAQs

    What type of property is this?
    Multifamily property - Summerville, SC: Prime Commercial Parcels
    Where is this multifamily property located?
    The property is located at Nexton Pkwy Summerville, SC.
    What are key features of this property?
    This property features: Parcel O: 29.7 acres, $22,800,000.; Parcel H: 23.59 acres, $13,200,000.; Located in Nexton, Summerville, SC, a 4,500-acre master-planned community with 8,000 projected homes.
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    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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