2515 Main St Summerville, SC 29486-7838
Property profile & analytics
2515 Main St, Summerville, SC 29486-7838
- Drive through restaurants
- 3,500 SF
Property ID
US77-2171644
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Sherwin-Williams Paint Store / Hardware & Home Improvement / Building Supply
Property Details for 2515 Main St
- Year built
- 2019
- Zone code
- GOOSE CREEK - PD
- Property type
- Drive through restaurants
- APN
- 222-00-00-212
- APU
- 2220000212
Description
This exceptional investment opportunity presents a 3,500-square-foot freestanding Sherwin-Williams store in Summerville, South Carolina. Located at 2515 N Main St, this single-tenant, net-lease property sits on a 0.53-acre lot within the thriving Carnes Crossroads development, a planned community encompassing 4,500 residential units and various commercial amenities. The property boasts a strong 10-year net lease, commencing September 1, 2019, and expiring August 31, 2029, with a remaining lease term of approximately 4.7 years. The lease includes eight five-year renewal options, each with an 8% rent increase. The building, constructed in 2019, currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $101,590 and a 5.50% cap rate. The asking price is $1,847,090. The property's prime location benefits from high visibility on N Main Street, experiencing a significant daily traffic volume. Nearby retailers include East Bay Deli, Dunkin’ Donuts, Polly’s Fine Jewelry, Jersey Mike’s, Fleet Feet, and others, further enhancing the property's desirability and investment potential. This is a rare opportunity to acquire a well-performing, net-leased retail property anchored by a national brand in a rapidly growing community. The property's strong tenant, long-term lease, and favorable location make it an attractive addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,852,000
Market price range: $487k - $2.36M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,330,000 Current use
- COMMERCIAL (GENERAL)
- $1,160,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Summerville
- County
- Berkeley
- State
- South Carolina
- Longitude
- -80.097
- Latitude
- 33.058
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$42,647
$29,628
$82,296
$111,924
-
$493,800
$1,371,600
$1,865,400
