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Property profile

5154 N Rhett Ave North Charleston, SC 29405

FOR SALE
Parking lots & garages
Property ID
US77-1310194
0.45 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.85-acre commercial land parcel, located at 5154 N Rhett Ave in North Charleston, South Carolina (zip code 29405, APN 4710800114), presents a unique investment opportunity. Zoned B1 - General Business, this property offers a multitude of potential uses within the city of North Charleston. Conveniently situated off I-526, near the Park Circle neighborhoods, it boasts high traffic counts and excellent visibility due to its location at the North Rhett Ave exit, just two exits before the Don Holt Bridge and Clements Ferry Rd/Daniel Island. The property benefits from easy access to the Mark Clark Expressway, enhancing its appeal for businesses requiring convenient transportation links. The site previously housed a gas station and features an existing open parking area and cement lot. Comprising two parcels, this property is available for sale for $1,000,000 or lease. Its strategic location and flexible zoning make it an ideal choice for a variety of commercial ventures. A site visit is highly recommended to fully appreciate its potential.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.45 ac (19,602 SF)
APN 471-08-00-113
UPID US77-1310194

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5154 N Rhett Ave North Charleston, SC 29405
North Charleston metro Census 3500 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
5 recorded transactions
2019
$200,000
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
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