Property profile

Shelby Ray Ct Charleston, SC 29414

OFF-MARKET
Commercial land
Property ID
US77-2296567
1.7 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a 4.37+/- acre commercial land tract within a broader Harmony Development Agreement. It is located in the City of Charleston and zoned Limited Business, with a stated maximum allowable building size of 16,000 square feet. The entitlement is associated with a 33-acre, 240-unit Active Adult Multi-Family development and a 52+ acre permanent green space parcel, including bike and pedestrian paths connecting to West Ashley Park. The tract is situated in the Bees Ferry/Glenn McConnell corridor, providing access to Interstate 526 and Bees Ferry Road, and is approximately 2.5 miles from Bon Secours–Roper St. Francis Hospital; the surrounding area includes retailers such as Wal-Mart, Harris Teeter, Starbucks, Zaxby’s, Sonic, Sherwin Williams, Doctors Care, and Roper St. Francis Urgent Care.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.7 ac (74,052 SF)
APN 306-00-00-629
UPID US77-2296567

Cap rate & NOI

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

Location

Shelby Ray Ct Charleston, SC 29414
Charleston metro Census 5601 CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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