5524 Rhett Ave North Charleston, SC 29406-3508
This exceptional 19.21-acre parcel presents a unique investment opportunity in Clay County. Located on the north end of Clay County Regional Park, this property boasts a prime location with significant development potential. The land is zoned BB, offering flexibility for various commercial uses, particularly suited for a small bay warehouse development. The expansive acreage provides ample space for construction and future expansion. The property consists of two separate APNs: 35-05-24-006700-119-00 and 35-05-24-006700-119-01, along with a third, unspecified APN. The site is designated for single-tenant occupancy, making it ideal for a business seeking a dedicated and sizable location. The asking price is $500 per acre per month on a triple net (NNN) lease basis. This represents a compelling opportunity to acquire a substantial land holding in a desirable location with clear zoning for commercial development, specifically suited for warehouse construction. The property's proximity to Clay County Regional Park offers additional advantages, including potential access to amenities and a strategic location for attracting employees and customers. This is a rare opportunity to secure a large, well-located parcel of land for immediate development.
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.