Property profile

0 Logan St Ridgeland, SC 29936

OFF-MARKET
Land
4.7 ac lot
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Property summary

AI-generated overview

This exceptional 4.7-acre commercial land parcel presents a unique opportunity for multifamily development in the thriving Ridgeland, South Carolina market. Located on S Logan St, with the APN 063-25-12-011, this property is currently undergoing rezoning for multifamily use, significantly streamlining the development process. Its strategic location offers convenient access to major cities such as Charleston and Savannah, appealing to both local families and professionals seeking a blend of urban and suburban lifestyles. The site boasts two ingress/egress points, enhancing accessibility and functionality. The property's size and zoning potential allow for a substantial multifamily project, catering to the growing demand for housing in the area. The presence of a mix of national and local tenants in the surrounding area further underscores the site's strong market position. The asking price is negotiable, making this an attractive investment for developers seeking a prime location with significant upside potential in a rapidly expanding market. This is a rare opportunity to acquire a large, well-situated parcel ideally suited for a multifamily development project in Jasper County, South Carolina, zip code 29936.

Property profile

Verified
Property type Land
Lot 4.7 ac (204,732 SF)

Cap rate & NOI

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

Location

Logan St Ridgeland, SC 29936
Ridgeland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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