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Property profile & analytics
FOR SALE
Commercial land

2701 Cormorant Ct Mount Pleasant, SC 29466

1.67 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US77-0374965
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.67 ac (72,745 SF)
APN 583-03-00-195
UPID US77-0374965
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
2701 Cormorant Ct LLC · 2 yrs held
2701 Cormorant Ct LLC
since 2024
Last sale
$500,000
2 recorded transactions
2025
Price N/A
2024
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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