1601 State Rd Summerville, SC 29486
Exceptional mixed-use development opportunity in Summerville, South Carolina, at 1601 State Rd (Hwy 176). This fully entitled, 68-acre Planned Development (PD-MU zoning) offers a range of options, including outlots from 0.6 to 1.6 acres available for sale or lease. A 13-acre multi-family site is also available, approved for up to 400 units. Strategically located at the proposed intersection of Seamist Commons Blvd and US-176, the property boasts over 1950 feet of prime road frontage. Situated near thriving master-planned communities like Nexton, Cane Bay, and Carnes Crossroads, this location provides excellent access to a large and growing population. The development features a 28-acre forest with walking trails and golf cart accessibility, along with modern EV charging stations. A variety of uses are possible, including retail, restaurants, professional office space, and residential. Phase 1 is projected for Q4 2024. Pre-leasing is underway for Shoreline Center, offering spaces from 1,400 to 11,900 square feet. The property is offered fee-simple, with APN 195-00-00-064. Land prices range from $1,000,000 to $1,500,000 per acre. This is a prime opportunity to be part of a vibrant, growing community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.