Property profile

1638 Evelina St Mount Pleasant, SC 29464

OFF-MARKET
Land
Property ID
US77-0700355
4.06 ac lot
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Property summary

AI-generated overview

Exceptional 4.06-acre marshfront residential development opportunity in Mount Pleasant, South Carolina, located at 1638 Evelina St, 29464, Charleston County. This fee-simple property, APN 556-00-00-048, is zoned S-3, permitting three single-family detached dwellings per acre, each on a minimum 14,500 sq ft lot. The large wooded lot boasts a desirable location between Belle Hall and Palmetto Island County Park, offering potential marshfront access to Foster Creek and the Wando River. The asking price is $1,250,000. Mount Pleasant's robust real estate market, fueled by consistent population growth and a diverse economy encompassing healthcare, education, and technology, presents a compelling investment prospect. The area's strong economy, including major employers like the Medical University of South Carolina and Roper St Francis, contributes to market stability. Furthermore, Mount Pleasant offers an abundance of amenities and attractions, including parks, shopping, and coastal access, enhancing its appeal and supporting continued real estate value appreciation. This property represents a rare chance to capitalize on the thriving Mount Pleasant housing market.

Property profile

Verified
Property type Land
Lot 4.06 ac (176,854 SF)
UPID US77-0700355

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1638 Evelina St Mount Pleasant, SC 29464
Mount Pleasant metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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