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Property profile & analytics
OFF-MARKET Estimated value $850,000
Commercial land

2901 Maybank Hwy Johns Island, SC 29455-4811

1,304 SF 1.03 ac lot Built 1948
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-0266544
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity is located at 2901 Maybank Highway on Johns Island, Charleston County. The freestanding building boasts 3,056 square feet of space, perfect for a variety of culinary concepts. Previously occupied by Colectivo, this less-than-one-year-old establishment is in pristine condition, ready for immediate occupancy. The property features ample parking with 40 spaces, ensuring convenient access for patrons. The beautifully landscaped exterior includes irrigation and accent lighting, enhancing curb appeal. The significant restaurant infrastructure, designed for high volume, allows for easy conversion to other restaurant formats or even potential repurposing. The building is a single-story structure offering significant potential for expansion, including the possibility of constructing an outdoor patio. This location presents a rare opportunity to acquire a move-in ready restaurant space in a desirable area with excellent visibility and ample parking. The property's high-quality construction and well-maintained condition make it an attractive investment for discerning buyers. Its strategic location on Johns Island offers access to a thriving community and strong potential for customer traffic.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1948
Total area 1,304 SF
Lot 1.03 ac (44,867 SF)
APN 313-00-00-098
UPID US77-0266544
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
Current use
Occupant on record · Public records
  • Colectivo Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$849k
Blend (final) Blend
$850k
Owner & transaction history
Dennis Family Investments LLC · 4 yrs held
Dennis Family Investments LLC
since 2021
3 recorded transactions
2021
Price N/A
2017
$260,000
2013
$106,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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