0 Carolina Bay Dr Charleston, SC 29414
This exceptional 1.3-acre commercial lot, located at 0 Carolina Bay Drive in Charleston, South Carolina, presents a prime development opportunity. Priced at $225,000, this property boasts a City of Charleston Planned Unit Development (PUD) zoning designation within a Neighborhood Commercial District. This zoning allows for a variety of commercial uses, including office and retail spaces, making it highly versatile for developers. The site benefits from excellent soil conditions, readily available gravity sewer and water infrastructure, and is situated within a master-planned community's established stormwater management system. Importantly, the property is located in an X flood zone, minimizing flood risk. Carolina Bay is a thriving community with approximately 1,400 existing homes and units, with a maximum of 1,500 permitted, ensuring a robust and growing customer base for any commercial venture. The APN is 307-00-00-005 and the zip code is 29414. This location offers significant potential for a variety of commercial developments, capitalizing on the existing residential population and the strategic zoning allowances. This is a rare opportunity to acquire a well-situated commercial lot in a desirable Charleston neighborhood.
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.