2701 Cormorant Ct Mount Pleasant, SC 29466
For Sale
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This exceptional 1.67-acre commercial land parcel presents a remarkable investment opportunity in the desirable Park West community of Mount Pleasant, South Carolina. Located at 2701 Cormorant Ct, this prominent corner lot boasts significant street frontage on both Bessemer Road and Cormorant Court, providing excellent visibility and accessibility. Its strategic position just off Highway 41 ensures high traffic volume and exposure to a large potential customer base. The property is zoned PD, falling within the TC district of a planned development, offering a diverse range of permitted uses. Preliminary plans suggest the potential for a ±6,300 square foot building, suitable for single or multi-tenant occupancy. Envisioned uses include, but are not limited to, office spaces, medical facilities, retail establishments, childcare centers, restaurants, and fitness centers. The asking price for this exceptional property is $799,000. Detailed information regarding permitted uses within the TC district is available upon request. The parcel's APN is 583-03-00-195. This is a rare opportunity to acquire a well-situated commercial lot in a thriving South Carolina market. Don't miss out on this chance to build your business's future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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.