Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Old Jacksonboro Road Ravenel, SC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    31.19-acre commercial land with highway frontage in Ravenel, SC.

    Type:LAND
    Lot size:
    98.37 Acres
    Added:
    May 21, 2025
    Days on Market:
    344
    Last Refresh:
    Apr 5 at 10:22 pm

    Property Features for Old Jacksonboro Road

    General Information

    Standard status
    Active
    Lot size
    98.37 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Edward Buxton

    Listing agent Edward Buxton

    Listing office Palmetto Commercial Prop, LLC

    Listing date May 21, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Palmetto Commercial Prop, LLC

    Overview

    Ravenel Undeveloped Commercial Land

    This property comprises a 31.19-acre undeveloped tract situated in the Town of Ravenel. The site features over 1,000 feet of frontage on US Highway 17 South, offering significant visibility. Traffic counts average approximately 22,400 vehicles per day. Zoned Neighborhood Commercial Center within the Tea Farm PD, the property's by-right uses include professional offices. Conditional uses encompass retail opportunities such as grocery stores and general retail. The property is not suited for multi-family development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Ravenel
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.2132
    Latitude
    32.7838

    Nearby Similar for Sale

    • $575,000
      2,592 SF

      Turn-Key Airbnb Opportunity

      Two-home estate near Charleston, ready for immediate rental income.
      4317 Davison Road, Ravenel, SC 29470
      View Details
    • $4,850,000

      Ravenel Land: Equestrian, Farming, Events

      125-acre farm with equestrian potential, event venue setup, and residence.
      8275 Highway 165, Ravenel, SC 29470
      View Details
    • $280,000

      Ravenel Acreage: Home, Farm, Homestead

      2.38 acres in Ravenel, ideal for home or farm.
      1 Old Jacksonboro Road, Ravenel, SC 29470
      View Details
    • $500,000

      Marshfront Homesite in Gated Community

      Waterfront homesite with panoramic views in a gated community.
      110 Peninsula Drive, Ravenel, SC 29470
      View Details
    • $599,000

      Equestrian Land in Poplar Grove

      6.7 acre homesite in Charleston's coveted equestrian community.
      17 Leaning Oak Lane, Ravenel, SC 29470
      View Details
    • $175,000

      Ravenel Homesite: Country Living

      2.34-acre homesite near Charleston and Edisto Beach.
      5856 Martin Street lot: #4, Ravenel, SC 29470
      View Details
    • $175,000

      Ravenel Homesite: Country Living

      2.76-acre homesite near Charleston and Edisto Beach.
      5856 Martin Street lot: #3, Ravenel, SC 29470
      View Details
    • $65,000

      Land For Sale, Ravenel, SC

      Commercial land available in Ravenel, South Carolina.
      Fox State Rd S-10-2076 unit: 1871500044, Ravenel, SC 29470
      View Details
    • $2,900,000

      8.61 Acres on Savannah Hwy

      8.61 acres of commercial land fronting Savannah Hwy/US 17.
      0 Savannah Highway, Ravenel, SC
      View Details
    • $53,500

      Land For Sale, Ravenel, SC

      Land available in Ravenel, South Carolina.
      6199 Smith Street, Ravenel, SC 29470
      View Details
    • $2,900,000

      8.61 Acres on Savannah Hwy

      Commercial land available on heavily traveled Savannah Highway/US 17.
      4229 Savannah Hwy, Ravenel, SC 29470
      View Details
    • Contact for pricing
      22 SF

      22-Acre Tract South of Charleston

      22 acres for sale bordering Poplar Grove in Ravenel, SC.
      5650 County Line Rd, Ravenel, SC 29470
      View Details

    FAQs

    What type of property is this?
    Land - 31.19-acre commercial land with highway frontage in Ravenel, SC.
    Where is this land located?
    The property is located at Old Jacksonboro Road Ravenel, SC.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: Prime Highway Frontage: Over 1,000 feet on US Highway 17 South provides exceptional visibility.; High Traffic Volume: Approximately 22,400 vehicles per day average ensures significant exposure.; Sizeable Acreage: 31.19‑acre tract offers ample space for development.
    (843) 720-2668 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Edward Buxton
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!