1965 Riviera DrMount Pleasant, SC 29464

Property Details for 1965 Riviera Dr

Year built

1997

Lot size

0.97 AC

Property size (Sq ft)

25,325 SF

Property type

Retail space

APN

561-00-00-136

APU

5610000136

Description

This exceptional 1,125 square foot retail space is located within The Shoppes at Seaside Farms, a premier 335,000 square foot mixed-use development in Mount Pleasant. Situated on the hard corner of Long Grove and Riviera Drive, this suite boasts unparalleled visibility and accessibility, benefiting from high traffic counts. The property is part of a Class B, single-tenant building totaling 5,850 square feet, constructed in 2006. The Shoppes at Seaside Farms offers a diverse mix of tenants, including a Target and Harris Teeter, ensuring consistent foot traffic and a strong customer base. Nearby businesses include Basil, Yamato Japanese Steakhouse, Olympic Physical Therapy, a massage therapy center, a chiropractor, Hair Cuttery, and various home decor and clothing stores. This location provides convenient access to Isle of Palms and a beachfront community, further enhancing its appeal. The one-story building (APN 561-00-00-138) presents a fantastic opportunity for businesses seeking high visibility and a prime location within a successful shopping center. The suite's corner location offers maximum exposure to the significant traffic flow on Long Grove and Riviera Drive. This is an ideal space for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,364,507

  6.5%

  $3,105,699

  7%

  $2,883,863

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,196,020

  Geo Method

  $10,807,109

• Alternative Use

  Use

  Valuation

  Residential

  $2,619,773

  Hospitality

  $2,399,698

  Educational

  $1,996,521

  Medical

  $2,065,184

  Retail

  $3,105,699

Location Insight

City

Mount Pleasant

County

Charleston

State

South Carolina

Latitude

32.8213

Longitude

-79.8166

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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