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Property profile & analytics
OFF-MARKET
Land

2655 Highway 17 Mount Pleasant, SC 29464

4.55 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.55-acre commercial land parcel is strategically located on US Highway 17 North in Mount Pleasant, South Carolina, within the Charleston-North Charleston MSA. Boasting excellent visibility and high traffic counts, this rectangular tract offers 165 feet of frontage at a highway median break, extending 704 feet deep and 337 feet wide at the rear. The property is situated between McKnight and Hamlin Roads, in Charleston County, but adjacent to the Town of Mount Pleasant. The first 500 feet of depth fall within the Sweetgrass Basket overlay district. Existing due diligence reports, including a plat, non-jurisdictional wetlands delineation, phase 1 environmental assessment, and confirmation of on-site water and sewer availability, are accessible. The property has recently undergone significant thinning. Septic permits are already in hand. The owner has received county approval for a subdivision plan creating retail and office lots ranging from one to 2.5 acres. Annexation into Mount Pleasant is required for municipal sewer access; however, five approved septic tank locations are available if the property remains in the county. Adjacent properties totaling over 10 acres are also available for acquisition, presenting an opportunity to assemble a larger development. All utilities (electric, water, gas, sewer) are available. The topography is level. Easements for electric lines and utilities are in place. The property's APN is 578-00-00-035, and it's zoned "OTHER". This prime location presents a significant opportunity for commercial development in a rapidly expanding area.

Property profile
Verified
Property type Land
Lot 4.55 ac (198,198 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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