Technical
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Distress signals
Property profile

0 Savannah Hwy Ravenel, SC 29470

OFF-MARKET
Land
8.61 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 8.61 ac (375,052 SF)

Cap rate & NOI

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

Location

Savannah Hwy Ravenel, SC 29470
Ravenel metro
Google Maps

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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