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Property profile & analytics
OFF-MARKET
Commercial real estate

1219 Central Ave Summerville, SC 29483

5.5 ac lot
Property ID
US77-0710458
Property summary
AI-generated overview

This exceptional 5.5-acre property located at 1219 Central Avenue in Summerville, South Carolina, presents a unique investment opportunity. The land currently features four existing residential homes, one trailer home, and a substantial 6,000 square foot industrial warehouse. These structures offer immediate income potential or the possibility of renovation and repurposing. The property is zoned for neighborhood commercial use, allowing for a flexible approach to development. The significant acreage allows for a variety of development options, including the potential construction of approximately 40 townhomes, creating a thriving residential community. This prime location in Summerville, SC, zip code 29483, offers easy access to local amenities and transportation. Prospective buyers are encouraged to conduct their own due diligence to verify zoning regulations, obtain necessary permits, and assess all relevant factors before making an offer. The asking price for this expansive property is $2,337,500. This is a rare opportunity to acquire a large parcel of land with existing structures in a desirable South Carolina location.

Property profile
Verified
Property type Commercial real estate
Lot 5.5 ac (239,580 SF)
UPID US77-0710458
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
Current use
Occupant on record · Public records
  • Town and Country Interiors Furniture & Home Goods
  • A Blind Connection Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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