1638 Evelina St Mount Pleasant, SC 29464
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.