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    5524 Rhett Ave North Charleston, SC 29406

    Sponsored
    For Sale
    $695,000

    19 Acres, BB-Zoned, Warehouse Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 19.21-acre parcel presents a unique investment opportunity in Clay County. Located on the north end of Clay County Regional Park, this property boasts a prime location with significant development potential. The land is zoned BB, offering flexibility for various commercial uses, particularly suited for a small bay warehouse development. The expansive acreage provides ample space for construction and future expansion. The property consists of two separate APNs: 35-05-24-006700-119-00 and 35-05-24-006700-119-01, along with a third, unspecified APN. The site is designated for single-tenant occupancy, making it ideal for a business seeking a dedicated and sizable location. The asking price is $500 per acre per month on a triple net (NNN) lease basis. This represents a compelling opportunity to acquire a substantial land holding in a desirable location with clear zoning for commercial development, specifically suited for warehouse construction. The property's proximity to Clay County Regional Park offers additional advantages, including potential access to amenities and a strategic location for attracting employees and customers. This is a rare opportunity to secure a large, well-located parcel of land for immediate development.

    Property Features for 5524 Rhett Ave

    General Information

    Property type
    Land
    Lot Size
    50,094 SF

    HighLights

    • 19.21‑acre land parcel available for sale or lease.
    • Single‑tenant property.
    • BB‑zoned land suitable for warehouse development.
    • Located near Clay County Regional Park.
    • $500/acre/month NNN lease rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -79.9852493
    Latitude
    32.8995211

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    FAQs

    What type of property is this?
    Land - 19 Acres, BB-Zoned, Warehouse Potential
    Where is this land located?
    The property is located at 5524 Rhett Ave North Charleston, SC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 19.21-acre land parcel available for sale or lease.; Single-tenant property.; BB-zoned land suitable for warehouse development.
    (843) 744-9877
    Request Owner's contact information
    5524 Rhett Ave North Charleston, SC 29406
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    North Charleston, SC 29406
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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
    5524 Rhett Ave North Charleston, SC 29406
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