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    Glenn Mcconnell Pkwy And Essex Farms Dr Charleston, SC 29414

    Sponsored
    For Sale
    $5,250,000

    12.75 Acres, Prime West Ashley Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12.75-acre commercial land parcel presents a unique investment opportunity in Charleston, South Carolina. Strategically located at the signalized intersection of Glenn McConnell Parkway and Essex Farms Drive in the heart of West Ashley, this property boasts unparalleled accessibility, just two miles from I-526, providing convenient access to numerous Charleston submarkets. The site is surrounded by a thriving mix of established businesses and residential areas, including Lowe's, Home Depot, and the Roper St. Francis Hospital campus. The property's Planned Development (PD) zoning, with a base zoning of Limited Business (LB) under the City of Charleston, offers considerable flexibility for a wide range of development possibilities, including multi-family residential, medical/senior care facilities, and retail uses. The significant lot size and prime location make this an ideal opportunity for developers seeking to capitalize on the robust growth and demand in this highly desirable area of Charleston. The APN is 309-00-00-003. The asking price for this exceptional property is $5,250,000.

    Property Features for 0 Glenn Mcconnell Pkwy And Essex Farms Dr

    General Information

    Property type
    Land
    Lot Size
    555,390 SF

    HighLights

    • ±12.75‑acre commercial land parcel.
    • Excellent accessibility: 2 miles from I‑526, serving multiple Charleston submarkets.
    • Prime West Ashley location at the signalized intersection of Glenn McConnell Pkwy & Essex Farms Dr.
    • Surrounded by strong area uses including Lowe's, Home Depot, Roper St. Francis, residential, and medical facilities.
    • Planned Development (PD) zoning; base zoning Limited Business (LB), City of Charleston.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.0517706
    Latitude
    32.8114637

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    FAQs

    What type of property is this?
    Land - 12.75 Acres, Prime West Ashley Location
    Where is this land located?
    The property is located at Glenn Mcconnell Pkwy And Essex Farms Dr Charleston, SC.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: ±12.75-acre commercial land parcel.; Excellent accessibility: 2 miles from I-526, serving multiple Charleston submarkets.; Prime West Ashley location at the signalized intersection of Glenn McConnell Pkwy & Essex Farms Dr.
    Request Owner's contact information
    Glenn Mcconnell Pkwy And Essex Farms Dr Charleston, SC 29414
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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
    Glenn Mcconnell Pkwy And Essex Farms Dr Charleston, SC 29414
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