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    OFF-MARKET Estimated value $960,000
    Commercial land

    889 Folly Rd, Charleston, SC 29412-3454

    0.53 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US77-1261835
    Property summary
    AI-generated overview

    This exceptional 1.7 million dollar commercial land parcel presents a rare development opportunity in the thriving heart of James Island, Charleston, South Carolina. Located at 889 Folly Road, near the Camp Road intersection, this build-ready lot boasts high visibility and significant traffic flow, making it ideal for a variety of commercial uses. The property is zoned for commercial development, including QSR/Fast Food and shopping center uses. Importantly, all necessary architectural drawings and permits are already secured, significantly streamlining the development process. A key advantage is the pre-approved special exemption for a drive-thru, a highly desirable feature for many fast-food and quick-service restaurants. This significantly reduces development hurdles and accelerates the timeline to opening. The property's prime location on Folly Road in Charleston County, SC, zip code 29412 (latitude 32.7350425, longitude -79.9687319), ensures strong potential for high returns on investment. This is a turnkey opportunity for developers seeking a fast-track project with minimal upfront planning and permitting delays. Don't miss this chance to capitalize on the burgeoning commercial landscape of James Island. Contact us today to learn more about this exceptional property and begin planning your next venture.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.53 ac (23,087 SF)
    APN 425-02-00-195
    UPID US77-1261835
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $960k
    Owner & transaction history
    Edge Enterprises LLC · 2 yrs held
    Edge Enterprises LLC
    since 2023
    Last sale
    $960,000
    3 recorded transactions
    2023
    $960,000
    2023
    2013
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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