Property profile

5787 Lowcountry Dr Ridgeland, SC 29936

OFF-MARKET
Commercial land
Property ID
US77-2602083
4.08 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0-acre commercial lot at 5787 Lowcountry Drive, Ridgeland, SC, presents a rare opportunity for businesses seeking high visibility and immediate development potential. Situated directly on Highway 462, this property boasts excellent frontage, ensuring maximum exposure to a high volume of daily traffic. The land is completely cleared and fenced, eliminating significant pre-construction hurdles and allowing for a swift start to your project. A well is already in place, simplifying utility connections. The property is zoned Community Commercial, offering flexibility for a variety of business types. While there are some wetlands located at the rear of the property, the majority of the land is readily usable. The seller is open to the possibility of subdividing the lot, making it an attractive option for both single-tenant and multi-tenant developments. Given the limited availability of similar properties in this desirable area, this is a truly exceptional investment opportunity. Don't miss your chance to secure this prime location and establish your business in a thriving community. The asking price is $575,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.08 ac (177,725 SF)
APN 083-00 -03-057
UPID US77-2602083

Cap rate & NOI

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

Location

5787 Lowcountry Dr Ridgeland, SC 29936-7763
Ridgeland metro Census 950201 HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2024
Last sale
$525,000
5 recorded transactions
2024
$525,000
2022
$200,000
2021
$165,000
2020
$140,000
2016
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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