4410 Savannah HwyRavenel, SC 29470

  • Commercial land
  • 1.00 AC
For Sale
$500,000 View listing

Property Details for 4410 Savannah Hwy

Lot size
1.00 AC
Property type
Commercial land
APN
245-00-00-014
APU
2450000014

Description

This exceptional 2.02-acre commercial property, located at 4410 Savannah Highway in Ravenel, South Carolina, presents a unique investment opportunity. Currently zoned Neighborhood Commercial by the Town of Ravenel, this site offers significant potential for development. The property boasts prominent frontage on Savannah Highway, ensuring high visibility and accessibility. Its strategic location offers close proximity to John's Island, an area experiencing substantial growth and development. The site's size allows for a variety of development options, making it ideal for an executive office building or other commercial ventures. The asking price is $500,000. The property's one square foot listing reflects the land's potential for new construction, not an existing building. Nearby development activity includes a new State Farm office under construction on a 0.7-acre corner parcel, further highlighting the area's growth trajectory. This property is an excellent choice for investors seeking a prime location in a thriving commercial corridor. The 29470 zip code offers easy access to Charleston County and surrounding areas. This is a rare opportunity to acquire a significant parcel of land with high visibility and development potential in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,331,570
    Hospitality
    $9,463,663
    Educational
    $7,873,656
    Medical
    $8,144,444
    Retail
    $12,247,910

Location Insight

City
Ravenel
County
Charleston
State
South Carolina
Latitude
32.7819
Longitude
-80.1558
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
$2,318
-
-
$8,700
-
$145,000
-
$145,000

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