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    Property profile & analytics

    5968 Savannah Hwy Ravenel, SC 29470-5577

    • Commercial land
    • 1,050 SF
    • 3.75 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 07, 2024
    $900,000
    Location Intelligence
    Property ID
    US77-0233175
    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

    • Commercial land

    Property Details for 5968 Savannah Hwy

    Year built
    1930
    Lot size
    3.75 lot acres
    Property size
    1,050 SF
    Property type
    Commercial land
    APN
    187-00-00-050
    APU
    1870000050

    Description

    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.

    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
    -80.2314
    Latitude
    32.7801
    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
    $7,993
    $0.00
    $0.00
    $30,000
    -
    $500,000
    $0.00
    $500,000

    Comparable in this City

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      0.93 Acres

      7083 Savannah Hwy

      VACANT COMMERCIAL LAND • 0.93 Acres
      7083 Savannah Hwy, Ravenel, SC 29470-5506
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    • Value Estimation by Request
      1.00 Acre

      4410 Savannah Hwy

      VACANT COMMERCIAL LAND • 1.00 Acre
      4410 Savannah Hwy, Ravenel, SC 29470-5545
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    • Value Estimation by Request
      0.42 Acres

      5723 Savannah Hwy

      VACANT COMMERCIAL LAND • 0.42 Acres
      5723 Savannah Hwy, Ravenel, SC 29470-5412
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      4.40 Acres

      17th S Hwy

      VACANT COMMERCIAL LAND • 4.40 Acres
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    • Value Estimation by Request
      8.61 Acres

      Savannah Hwy

      VACANT COMMERCIAL LAND • 8.61 Acres
      Savannah Hwy, Ravenel, SC 29470
      View Details

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    5968 Savannah Hwy
    Ravenel, SC 29470-5577
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    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
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