Property profile

Nexton Pkwy Summerville, SC 29486

FOR SALE
Banks
Property ID
US77-1504948
3,550 SF 0.35 ac lot Built 2007
Entity Owned 24-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This commercial retail and restaurant development comprises approximately 41,000 square feet of shop space across multiple buildings, with available commercial outparcels totaling over 10 acres. Building 1 includes retail/restaurant spaces of approximately 1,600 to 5,140 square feet; Building 2 includes spaces of approximately 1,500 to 6,000 square feet; and Building 3 includes spaces of approximately 3,000 to 4,500 square feet, with Building 4 planned. The site is located at the junction of the Carnes, Nexton, and Cane Bay mega developments, positioned in front of Northwood Academy (K–12) and across from a Roper Hospital, with frontage and proximity to major corridors including Highway 17-A and Highway 176, which are associated with traffic counts of approximately 37,100 and 21,500 vehicles per day, respectively.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,550 SF
Lot 0.35 ac (15,330 SF)
Zoning code DMX_SV
APN 137-07-10-001
UPID US77-1504948

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Bank Loan Service
  • Atm
  • Bank Credit Union
  • Hotel & Motel

Location

Nexton Pkwy Summerville, SC 29486
Summerville metro Census 10700 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2002
7 recorded transactions
2017
Price N/A
2002
$278,586
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DMX_SV · Summerville, SC

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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