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Property profile

0 Salamander Rd North Charleston, SC 29406

OFF-MARKET
Land
4.23 ac lot
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Property summary

AI-generated overview

This exceptional 4.23-acre commercial land parcel, located at 0 Salamander Road in North Charleston, South Carolina, presents a unique investment opportunity. Zoned R1 by the City of North Charleston, this property is ideally suited for a single-family residential build-to-rent development. Preliminary plans envision 32 residential lots, each with a 20' x 40' building pad. The property has already undergone significant pre-development work, including a Phase 1 environmental assessment, geotechnical report, topographic and boundary surveys, a tree survey, and a traffic study. Title work is also complete. The property is currently progressing through the engineering, entitlement, and permitting processes, and will be delivered with all necessary approvals in place for immediate development commencement. This streamlined process significantly reduces time and cost associated with typical land acquisition and development. The property's location in Charleston County, zip code 29406, offers excellent access to major transportation routes and amenities. This is a rare opportunity to acquire a fully prepared development site ready for immediate construction. Don't miss this chance to capitalize on the strong demand for residential housing in the North Charleston area.

Property profile

Verified
Property type Land
Lot 4.23 ac (184,259 SF)

Cap rate & NOI

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

Location

Salamander Rd North Charleston, SC 29406
North Charleston metro
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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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