1200 Folly Rd Charleston, SC 29412
- Land
- 1.20 lot acres
Current Use by Public Records
- Land
Property Details for 1200 Folly Rd
- Lot size
- 1.20 lot acres
- Property type
- Land
Description
This exceptional 1.198-acre commercial land parcel presents a unique investment opportunity in the vibrant Charleston, South Carolina market. Located at 1200 Folly Road, on the corner of Folly Road and Wilton Street, this property boasts a highly desirable location directly opposite the entrance to a Walmart. The property is zoned LB and SFR 1, offering considerable flexibility for development. Currently, the site includes an existing quadraplex and a single-family home, providing immediate income potential or redevelopment options. The approved site plan includes a curb cut on Folly Road, simplifying access and enhancing the property's appeal. This prime location, combined with the flexible zoning, allows for the construction of additional multifamily units or office space, catering to the growing demand in the area. The property is offered fee simple, with the APN numbers being 425-13-00-023, 113,022,120. The asking price for this exceptional investment opportunity is $1,750,000. Don't miss this chance to acquire a strategically located commercial property with significant upside potential in a thriving Charleston neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9668
- Latitude
- 32.7217
