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Property profile

0 Grand Blvd Summerville, SC 29486

OFF-MARKET
Land
13.14 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving Nexton community of Summerville, South Carolina. Located on Grand Boulevard, this property comprises multiple parcels totaling over 100 acres, available for purchase either as a whole or subdivided. The Woodlands Tract encompasses two significant parcels: Lot 1, measuring 89.34 acres, and Lot 2, spanning 13.14 acres. Additionally, two smaller parcels are available, Parcel 4 at 4.81 acres and Parcel 5 at 5.78 acres. The property is zoned PUD (Planned Unit Development) under Berkeley County regulations, allowing for flexible development options. This prime location benefits from excellent access to Grand Boulevard and enjoys proximity to over 30,000 residences within the Nexton, Cane Bay, Wildcat Tract, and Camden Preserve communities. Furthermore, the property is conveniently located minutes away from MUSC's new 180-bed hospital and a 200,000 square foot medical office campus slated to open in 2024. Situated within the master-planned 4,500-acre Nexton community, projected to have 8,000 homes upon completion, this land offers unparalleled potential for commercial development in a rapidly growing area. The strategic location and flexible zoning make this an ideal investment for a variety of commercial ventures.

Property profile

Verified
Property type Land
Lot 13.14 ac (572,378 SF)

Cap rate & NOI

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

Location

Grand Blvd Summerville, SC 29486
Summerville 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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