0 Carolina Bay Dr Charleston, SC 29414
This exceptional 3.03-acre commercial land parcel is ideally situated in the thriving Carolina Bay community of Charleston, South Carolina, at 0 Carolina Bay Drive, zip code 29414. The property is zoned City of Charleston - Pud (Planned Unit Development) within a neighborhood commercial district, offering a wide range of development possibilities for office or retail uses. The site boasts desirable features including readily available gravity sewer and water connections, along with master detention/stormwater ponds already in place. Importantly, the land is located in an X flood zone, minimizing flood risk. The soil conditions are favorable for construction. Carolina Bay is a well-established master-planned community currently boasting approximately 1,400 homes and units, with a maximum build-out of 1,500 permitted. This ensures a strong existing residential base to support commercial ventures. The asking price for this exceptional opportunity is $695,000. Furthermore, the property offers the flexibility of potential subdivision into smaller acre tracts, catering to various development scales and investor needs. This presents a unique chance to capitalize on the growth and potential of this vibrant Charleston community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.