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Property profile & analytics
OFF-MARKET Estimated value $900,000
Commercial land

5968 Savannah Hwy Ravenel, SC 29470-5577

1,050 SF 3.75 ac lot Built 1930
Entity Owned 1-yr Hold Free & Clear
Property ID
US77-0233175
Property summary
AI-generated overview

This exceptional 3.75-acre parcel presents a prime commercial development opportunity in the thriving Ravenel, South Carolina market. Located on Savannah Highway (5968), this property boasts a highly desirable General Business (GB) zoning designation, opening doors to a wide array of commercial ventures. The expansive lot size offers ample space for substantial development, catering to various business needs. Its strategic location along a major thoroughfare ensures high visibility and accessibility, maximizing potential for attracting customers and clients. The property's address is 5968 Savannah Highway, Ravenel, SC 29470, within Charleston County. The parcel number is 187-00-00-050. This vacant land is ready for immediate development, presenting a unique chance to capitalize on the area's growth and establish a successful commercial presence. The property's convenient location and flexible zoning make it an attractive investment for both established businesses seeking expansion and entrepreneurs looking to launch new ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The land is currently unimproved and ready for your vision.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1930
Total area 1,050 SF
Lot 3.75 ac (163,350 SF)
APN 187-00-00-050
UPID US77-0233175
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k
Owner & transaction history
Rl Triad Properties LLC · 1 yrs held
Rl Triad Properties LLC
since 2024
Last sale
$900,000
5 recorded transactions
2024
$900,000
2021
Price N/A
2021
$630,000
2018
$312,500
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $560,000 +131.1%
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