2701 Cormorant CtMount Pleasant, SC 29466

  • Land
  • 1.67 AC
For Sale
$799,000 View listing

Property Details for 2701 Cormorant Ct

Lot size
1.67 AC
Property type
Land
Property subtype
Commercial land
APN
583-03-00-195
APU
5830300195

Description

This exceptional 1.67-acre commercial land parcel presents a remarkable investment opportunity in the desirable Park West community of Mount Pleasant, South Carolina. Located at 2701 Cormorant Ct, this prominent corner lot boasts significant street frontage on both Bessemer Road and Cormorant Court, providing excellent visibility and accessibility. Its strategic position just off Highway 41 ensures high traffic volume and exposure to a large potential customer base. The property is zoned PD, falling within the TC district of a planned development, offering a diverse range of permitted uses. Preliminary plans suggest the potential for a ±6,300 square foot building, suitable for single or multi-tenant occupancy. Envisioned uses include, but are not limited to, office spaces, medical facilities, retail establishments, childcare centers, restaurants, and fitness centers. The asking price for this exceptional property is $799,000. Detailed information regarding permitted uses within the TC district is available upon request. The parcel's APN is 583-03-00-195. This is a rare opportunity to acquire a well-situated commercial lot in a thriving South Carolina market. Don't miss out on this chance to build your business's future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,525,188
    Hospitality
    $6,893,032
    Educational
    $5,734,922
    Medical
    $5,932,154
    Retail
    $8,920,990
2701 Cormorant Ct, Mount Pleasant, South Carolina

Location Insight

City
Mount Pleasant
County
Charleston
State
South Carolina
Latitude
32.8781
Longitude
-79.8036
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
$3,394
-
-
$14,170
-
$240,000
-
$240,000

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