0 Glenn Mcconnell Pkwy And Essex Farms Dr Charleston, SC 29414
This exceptional 12.75-acre commercial land parcel presents a unique investment opportunity in Charleston, South Carolina. Strategically located at the signalized intersection of Glenn McConnell Parkway and Essex Farms Drive in the heart of West Ashley, this property boasts unparalleled accessibility, just two miles from I-526, providing convenient access to numerous Charleston submarkets. The site is surrounded by a thriving mix of established businesses and residential areas, including Lowe's, Home Depot, and the Roper St. Francis Hospital campus. The property's Planned Development (PD) zoning, with a base zoning of Limited Business (LB) under the City of Charleston, offers considerable flexibility for a wide range of development possibilities, including multi-family residential, medical/senior care facilities, and retail uses. The significant lot size and prime location make this an ideal opportunity for developers seeking to capitalize on the robust growth and demand in this highly desirable area of Charleston. The APN is 309-00-00-003. The asking price for this exceptional property is $5,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.