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    1594 State Rd Summerville, SC 29486

    For Sale
    $5,900,000

    Prime Summerville location, heavy industrial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 25.97-acre commercial land parcel presents a remarkable investment opportunity in the thriving Summerville, South Carolina market. Located at 1594 State Rd, in Berkeley County, zip code 29486 (latitude 33.097579, longitude -80.118629), this property boasts a highly desirable HI - Heavy Industrial zoning designation, opening doors to a wide range of development possibilities. The asking price is $5,900,000, translating to a land value of $227,185 per acre. Its strategic location offers unparalleled access and visibility. Situated directly across from the Nexton development and adjacent to the Cane Bay neighborhood, this site benefits from the robust growth and established infrastructure of these thriving communities. This prime location ensures easy access to major transportation arteries, supporting efficient logistics and distribution for any future development. The expansive acreage provides ample space for large-scale projects, making it an ideal choice for businesses seeking significant expansion or new construction opportunities within a dynamic and rapidly developing area. This is a rare opportunity to acquire a substantial land holding in a high-demand location with exceptional potential for significant return on investment. Don't miss this chance to secure your stake in Summerville's burgeoning industrial sector.

    Property Features for 1594 State Rd

    General Information

    Property type
    Land
    Lot Size
    1,131,253 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    J & M Foundry ... Foundry

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Berkeley
    State
    South Carolina
    Longitude
    -80.118629
    Latitude
    33.097579

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    FAQs

    What type of property is this?
    Land - Prime Summerville location, heavy industrial zoning.
    Where is this land located?
    The property is located at 1594 State Rd Summerville, SC.
    What is the asking price?
    The asking price for this property is $5,900,000.
    Request Owner's contact information
    1594 State Rd 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
    1594 State Rd Summerville, SC 29486
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