0 Coakley Rd Mount Pleasant, SC 29466
This exceptional 6.78-acre parcel presents a remarkable opportunity for residential development in the desirable Mount Pleasant, South Carolina area. Conveniently situated off Highway 17 on Coakley Road, this property boasts significant potential for multi-family housing projects. While the total acreage is 6.78 acres, approximately 5 acres are usable for development. The land is zoned for residential use, ensuring a straightforward path to project commencement. Its location in Charleston County offers easy access to major roadways, amenities, and the vibrant Mount Pleasant community. The property's zoning designation allows for a variety of residential construction options, making it an attractive investment for developers seeking to capitalize on the growing demand for housing in this sought-after area. Detailed information, including the Charleston County Tax Map number (578-00-00-101), is available upon request. The asking price for this exceptional land opportunity is $599,000. Broker co-op is available.
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.