Property profile

0 Forrest Dr Charleston, SC 29492

OFF-MARKET
Land
2.82 ac lot
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Property summary

AI-generated overview

This exceptional 2.82-acre commercial and industrial land parcel presents a unique investment opportunity in the thriving Charleston, South Carolina market. Located at the intersection of Clements Ferry Road and Forrest Drive in Berkeley County (APN 271-00-02-151), this property benefits from high visibility and convenient access. The site is zoned for Heavy Industrial use, offering a wide range of development possibilities. Its strategic location places it directly in front of the Pointe at Governor’s Cay multi-family development and the Island at Governor’s Cay single-family neighborhood, ensuring high traffic and strong potential for future growth. The property's proximity to I-526, easily accessible via Exit 23 on Clements Ferry Road, provides excellent connectivity to major transportation arteries. With its substantial size and prime location, this land parcel is perfectly suited for a variety of commercial and industrial ventures, representing a compelling investment opportunity in a rapidly expanding area. The asking price for this exceptional property is $275,000. This is a rare opportunity to acquire a significant land holding in a high-growth area of Charleston. Don't miss out on this chance to secure a valuable asset in a dynamic market. The zip code is 29492.

Property profile

Verified
Property type Land
Lot 2.82 ac (122,839 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Forrest Dr Charleston, SC 29492
Charleston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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