Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Dorchester Rd Summerville, SC 29485

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Dorchester Rd Summerville, SC 29485

    View on Map
    • Land
    • 2.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Dorchester Rd

    Lot size
    2.00 lot acres
    Property type
    Land

    Description

    This exceptional 2-acre commercial development site in Summerville, South Carolina, presents a unique investment opportunity. Located on Dorchester Road with potential access to Parlor Road, this waterfront property boasts stunning views of Eagle Creek and includes a private boat landing. The lot is heavily wooded, offering a tranquil setting while remaining conveniently situated near a hospital in one of the fastest-growing areas of the Tri-County region. The high visibility location and substantial lot size make it ideal for a variety of commercial ventures, including retail establishments, restaurants, or professional office spaces for medical or legal practices. With a daily traffic count of 38,200 vehicles per day, this property offers significant exposure to potential customers. The asking price is $745,000. This prime location and versatile land offer substantial potential for growth and return on investment. The property is zoned for commercial use (verification required). Don't miss this chance to acquire a remarkable waterfront commercial property in a thriving South Carolina community. The zip code is 29485, and the property is in Dorchester County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Summerville
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.1744
    Latitude
    32.9531

    Comparable in this City

    • Value Estimation by Request
      1.39 Acres

      10524 Dorchester Rd

      Land • 1.39 Acres
      10524 Dorchester Rd, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      1.80 Acres

      10573 Us-78

      Land • 1,530 SF
      10573 Us-78, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      1.52 Acres

      11041 Dorchester Rd

      Land • 1.52 Acres
      11041 Dorchester Rd, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      4.60 Acres

      8680 Dorchester Rd

      Land • 4.60 Acres
      8680 Dorchester Rd, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      4.16 Acres

      0000 Dorchester Rd

      Land • 4.16 Acres
      0000 Dorchester Rd, Summerville, SC 29485
      View Details
    • Value Estimation by Request
      1.58 Acres

      900 Bacons Bridge Rd

      Land • 1.58 Acres
      900 Bacons Bridge Rd, Summerville, SC 29485
      View Details

    Similar Nearby for Sale

    • $1,500,000
      9.15 Acres

      Summerville Land Parcel For Sale

      9.15-acre parcel near Summerville and West Ashley.
      Ashley River Rd, Summerville, SC 29485
      View Details
    • $170,000
      Pending

      Summerville Land For Sale

      19-acre land parcel available in Summerville, South Carolina.
      4637 Wire Rd, Summerville, SC 29485
      View Details
    • $1,500,000
      2.90 Acres

      Commercial Land on Dorchester Road

      2.90 acres of commercial land with frontage on Dorchester Rd.
      10839 Dorchester Rd, Summerville, SC 29485
      View Details
    • $1,500,000
      2.90 Acres

      Commercial Land in Growing Area

      2.90 acres of commercial land with high-visibility frontage.
      10839 Dorchester Rd, Summerville, SC 29485
      View Details
    • $1,500,000

      Commercial Land Near Summers Corner

      2.78 acres of commercial land for sale or ground lease.
      5132 Ashley River Rd, Summerville, SC 29485
      View Details
    • $1,000,000

      Dorchester Road Outparcel Opportunity

      Outparcel property near Tractor Supply with high traffic exposure.
      10505 Dorchester Rd, Summerville, SC 29485
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Renovated Office Building with Yard

      Renovated office with laydown yard available for lease.
      10573 Us-78, Summerville, SC 29485
      View Details
    • Contact for pricing

      Summers Corner Outparcel For Lease

      Prime outparcel position in Summers Corner master-planned community.
      1635 Beech Hill Rd, Summerville, SC 29485
      View Details
    • Contact for pricing
      1,184 SF

      Office/Medical Space For Lease

      Office/medical space available in a two-story building.
      1801 Old Trolley Rd, Summerville, SC 29485
      View Details
    • $25 SF/Yr
      1,400 SF

      Retail Space on Old Trolley

      Highly visible retail space for lease on Old Trolley Road.
      1706 Old Trolley Rd, Summerville, SC 29485
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space on Bacons Bridge

      22,604 SF retail building off Bacons Bridge Road.
      900 Bacons Bridge Rd, Summerville, SC 29485
      View Details
    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.
    Dorchester Rd
    Summerville, SC 29485
    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

    Thank You for Inquiry
    Dorchester Rd, Summerville, SC, 29485
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!