1001 Morrison Dr Charleston, SC 29403-3849
Property summary
This exceptional 0.2-acre paved and striped parking lot presents a unique investment opportunity in Charleston, South Carolina. Located at the highly visible intersection of Isabella Street and Morrison Drive, this single-tenant property enjoys a prime location next to Rug Masters and is conveniently situated off the Arthur Ravenel Jr. Bridge. Its strategic position between established businesses like Rug Masters and Haute Design, Inc., ensures high visibility and accessibility. The property's proximity to popular destinations such as The Morris and Half Mile North further enhances its appeal and potential for strong rental income. The lot is already paved and striped, minimizing upfront capital expenditures and allowing for immediate revenue generation. This makes it an ideal investment for those seeking a low-maintenance, high-return property in a thriving Charleston location. The property is zoned for parking and is ready for immediate use. The address is 1001 Morrison Drive, Charleston, SC 29403, in Charleston County. This is a single-tenant property, offering simplicity and ease of management. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses and individuals alike. This is a rare opportunity to acquire a well-located, income-producing parking lot in a rapidly growing area of Charleston.
Property profile
VerifiedCap rate & NOI
Current use
-
Carpet Cleaning Service Rug Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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