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Property profile

0 Ashley River Rd Charleston, SC 29407

OFF-MARKET
Land
1.37 ac lot
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Property summary

AI-generated overview

This 1.37-acre commercial lot, located at 0 Ashley River Rd in Charleston, South Carolina (APN 353-00-00-021), presents a unique investment opportunity. Situated on a high-traffic corner at the intersection of Ashley River Road and William Kennerty Drive (also known as Tobias Gadson Blvd), this property boasts 21,800 vehicles per day. The lot features 0.77 acres of high ground and is zoned for Limited Business use within the City of Charleston. Its strategic location offers numerous development possibilities, including medical offices, multifamily housing, banking and credit institutions, nursing and personal care facilities, insurance and real estate offices, lawn and garden services, R&D labs, and day schools. The property benefits from its proximity to a thriving medical hub, including Bon Secours St. Francis Hospital and the Henry Tecklenberg Drive Medical District. The surrounding area is also rich in retail and residential options, with 634 businesses and 6,403 households within a one-mile radius. The asking price for this exceptional property is $395,000. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area of Charleston.

Property profile

Verified
Property type Land
Lot 1.37 ac (59,677 SF)

Cap rate & NOI

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

Location

Ashley River Rd Charleston, SC 29407
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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