Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Savannah Hwy Ravenel, SC 29470
    Back to Search
    Property profile & analytics

    Savannah Hwy, Ravenel, SC 29470

    View on Map
    • Land
    • 8.61 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Savannah Hwy

    Lot size
    8.61 lot acres
    Property type
    Land

    Description

    This exceptional 8.61-acre commercial land parcel presents a remarkable investment opportunity in Ravenel, South Carolina. Strategically located on Savannah Highway (US 17), this property boasts over 32,000 vehicles per day, ensuring high visibility and accessibility. Zoned CC - Community Commercial, the site offers considerable flexibility for a wide range of commercial developments. Its prime location provides easy access to Johns Island, West Ashley, Ravenel, and Hollywood, making it an ideal location for businesses seeking a strong presence in a rapidly growing area. The seller is open to subdividing the parcel to accommodate specific development plans. Furthermore, there's potential for expansion, with additional adjacent acreage available for purchase, providing significant growth potential. The property's Assessed Parcel Number (APN) is 244-00-00-161. This is a rare opportunity to acquire a substantial commercial land holding in a high-demand location. The asking price for this exceptional property is $2,900,000. Don't miss this chance to secure a prime piece of Charleston County real estate.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ravenel
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.1446
    Latitude
    32.7859

    Comparable in this City

    • Value Estimation by Request
      12.64 Acres

      Savannah Hwy

      Land
      0 Savannah Hwy, Ravenel, SC 29470
      View Details
    • Value Estimation
      $1,445,000
      6,088 SF

      Ravenel, SC 29470

      COMMERCIAL (GENERAL)
      Ravenel, SC 29470
      View Details
    • Value Estimation by Request
      400 SF

      4246 Savannah Hwy

      COMMERCIAL (GENERAL)
      4246 Savannah Hwy, Ravenel, SC 29470-5483
      View Details
    • Value Estimation by Request
      1,089 SF

      6044 Savannah Hwy

      COMMERCIAL (GENERAL)
      6044 Savannah Hwy, Ravenel, SC 29470-5413
      View Details
    • Value Estimation
      $595,000
      4,500 SF

      4915 Savannah Hwy

      COMMERCIAL (GENERAL)
      4915 Savannah Hwy, Ravenel, SC 29470-5537
      View Details
    • Value Estimation by Request
      1,682 SF

      4306 Davison Rd

      COMMERCIAL (GENERAL)
      4306 Davison Rd, Ravenel, SC 29470-5301
      View Details

    Similar Nearby for Sale

    • New
      $185,000
      1.88 Acres

      Ravenel Land with Utilities Ready

      1.88-acre parcel with septic, water, and electric available.
      5611 Highway 165 S, Ravenel, SC 29470
      View Details
    • $175,000
      2.51 Acres

      Ravenel Homesite: Country Living

      2.34-acre homesite near Charleston and Edisto Beach.
      5856 Martin St, Ravenel, SC 29470
      View Details
    • Contact for pricing

      Savannah Highway Commercial Land

      12.64 acres with commercial potential on Savannah Highway.
      Savannah Hwy, Ravenel, SC 29470
      View Details
    • Contact for pricing

      Ravenel Undeveloped Commercial Land

      31.19-acre commercial land with highway frontage in Ravenel, SC.
      Old Jacksonboro Rd, Ravenel, SC 29470
      View Details
    • Contact for pricing

      8.61 Acres on Savannah Hwy

      Commercial land available on heavily traveled Savannah Highway/US 17.
      4229 Savannah Hwy, Ravenel, SC 29470
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces available for rent.
      4410 Savannah Hwy, Ravenel, SC 29470
      View Details
    • Contact for pricing

      Ravenel Flex Space Available

      Flex space with office, storage, and highway visibility.
      4509 Savannah Hwy, Ravenel, SC 29470
      View Details
    • $15 SF/Yr

      Industrial Complex with Flexible Units

      Multi-building industrial complex with modern construction and efficient layouts.
      4509 Savannah Hwy, Ravenel, SC 29470
      View Details
    • Contact for pricing

      Freestanding Restaurant in Growing Ravenel

      Freestanding restaurant with smokehouse in expanding Ravenel, South Carolina.
      6165 Savannah Hwy, Ravenel, SC 29470
      View Details
    • Contact for pricing

      New Flex Space For Rent

      Brand new flex space near US-17 and Ravenel Town Hall.
      5970 Sc-165, Ravenel, SC 29470
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Savannah Hwy
    Ravenel, SC 29470
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Savannah Hwy, Ravenel, SC, 29470
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!