1001 Morrison Dr Charleston, SC 29403-3849
- Commercial real estate
- 11,282 SF
- 0.90 lot acres
Jul 13, 2022
Current Use by Public Records
- Rug Masters Inc / Carpet Cleaning Service / Rug Store
Property Details for 1001 Morrison Dr
- Year built
- 1991
- Lot size
- 0.90 lot acres
- Property size
- 11,282 SF
- Property type
- Commercial real estate
- APN
- 461-13-01-025
- APU
- 4611301025
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,572,000
- AI Estimate
- $3,572,000
Market price range: $3.57M - $16.8MMarket price range: $3.57M - $16.8M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Charleston
- County
- Charleston
- State
- South Carolina
- Longitude
- -79.9448
- Latitude
- 32.8086
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA