Technical
Financial
Distress signals
Property profile

2701 Cormorant Ct Mount Pleasant, SC 29466

FOR SALE
Commercial land
Property ID
US77-0374965
1.67 ac lot
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Location

2701 Cormorant Ct Mount Pleasant, SC 29466
Mount Pleasant metro Census 4618 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2024
Last sale
$500,000
2 recorded transactions
2025
Price N/A
2024
$500,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message