Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5865 Octavia Ave Ravenel, SC 29470

    • Mobile home & RV parks
    • 7.43 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US77-0813042
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 5865 Octavia Ave

    Year built
    1988
    Lot size
    7.43 lot acres
    Property type
    Mobile home & RV parks
    APN
    187-00-00-220
    APU
    1870000220

    Description

    This exceptional 7.4-acre parcel presents a unique investment opportunity in the thriving Ravenel, South Carolina market. Currently operating as a manufactured home park with twelve existing residences, some of which have been established for over three decades, this property offers significant potential for redevelopment. The land is entirely cleared, providing immediate access for construction. Its strategic location offers convenient access to essential amenities. The property is situated just 1.5 miles from a Food Lion grocery store, ensuring residents have easy access to daily necessities. Furthermore, its proximity to Roper St. Francis Hospital, only 9 miles away, provides peace of mind and underscores the desirability of the location. Existing infrastructure further enhances the property's appeal. Ravenel sewer lines run along the rear of the property, while public water lines are readily available on Octavia Avenue, simplifying the connection process for future development. The property's zoning and potential uses should be verified independently with the relevant authorities. This is an ideal site for the construction of single-family homes or multi-family residential units, catering to the growing demand for housing in the area. The existing tenants should not be disturbed. This presents a rare chance to acquire a substantial land holding in a prime location with excellent infrastructure and strong potential for future growth. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ravenel
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.2278
    Latitude
    32.7776
    CBSA code
    16700
    CBSA name
    CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,016
    $0.00
    $0.00
    $22,580
    -
    $419,450
    $28,600
    $448,050

    Comparable in this City

    • Value Estimation by Request
      1.69 Acres

      6043 Savannah Hwy

      MOBILE HOME PARK, TRAILER PARK • 1.69 Acres
      6043 Savannah Hwy, Ravenel, SC 29470-5666
      View Details
    • Value Estimation by Request
      8.47 Acres

      5360 Savannah Hwy

      MOBILE HOME PARK, TRAILER PARK • 8.47 Acres
      5360 Savannah Hwy, Ravenel, SC 29470-5401
      View Details
    • Value Estimation by Request
      1,344 SF

      6386 Savannah Hwy Lot, Unit 9

      MOBILE HOME PARK, TRAILER PARK • 1,344 SF
      6386 Savannah Hwy Lot, Ravenel, SC 29470-5496
      View Details
    • Value Estimation by Request
      23.31 Acres

      6059 Roper Run Rd Ext

      MOBILE HOME PARK, TRAILER PARK • 23.31 Acres
      6059 Roper Run Rd Ext, Ravenel, SC 29470-5215
      View Details
    • Value Estimation by Request
      10.80 Acres

      5360 Savannah Hwy

      MOBILE HOME PARK, TRAILER PARK • 10.80 Acres
      5360 Savannah Hwy, Ravenel, SC 29470-5401
      View Details
    • Value Estimation by Request
      5.38 Acres

      6021 Branton Rd

      MOBILE HOME PARK, TRAILER PARK • 5.38 Acres
      6021 Branton Rd, Ravenel, SC 29470-5487
      View Details

    Similar Nearby for Sale

    • $1,500,000
      Pending

      Ravenel Land for Development

      7.4 acres of cleared land suitable for residential development.
      5865 Octavia Ave, Ravenel, SC 29470
      View Details
    • $155,000
      1.36 Acres

      Ravenel Land in Gated Community

      1.36 acre homesite in a private, gated Ravenel community.
      28 Button Bush Dr, Ravenel, SC 29470
      View Details
    • New
      $450,000
      0.78 Acres

      Waterfront Homesite in Gated Community

      Waterfront homesite with panoramic views of Rantowles Creek.
      106 Peninsula Dr, Ravenel, SC 29470
      View Details
    • $4,850,000
      125.90 Acres

      Versatile Ravenel Land with Development Potential

      125-acre property ideal for equestrian, farming, or event venue.
      8275 Highway 165, Ravenel, SC 29470
      View Details
    • $150,000

      Raw Development Land For Sale

      2.7 acres of raw development land near John's Island.
      4410 Savannah Hwy, Ravenel, SC 29470
      View Details
    • $3,160,000

      Savannah Highway Commercial Land

      12.64 acres with commercial potential on Savannah Highway.
      Savannah Hwy, Ravenel, SC 29470
      View Details

    Similar Nearby for Lease

    • $180 SF/Yr
      41,000 SF

      South Stono Business Park Warehouses

      Ravenel, SC industrial space for lease. Multiple units available.
      4509 Savannah Hwy, Ravenel, SC 29470
      View Details
    • $1.00 SF/Yr
      5,000 SF

      Hotel Near Downtown Charleston

      Hotel property for lease near downtown Charleston.
      4213 Savannah Hwy, Ravenel, SC 29470
      View Details
    • $22 SF/Yr
      2,000 SF

      Freestanding Restaurant in Ravenel, SC

      Freestanding restaurant with smokehouse in rapidly expanding Ravenel, SC.
      6165 Savannah Hwy, Ravenel, SC 29470
      View Details
    • $13 SF/Yr
      20,000 SF

      Ravenel Station: Flex Space Available

      Brand new flex space near US-17. Restaurant space & drive-in bays.
      5970 Sc-165, Ravenel, SC 29470
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5865 Octavia Ave
    Ravenel, SC 29470
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.