890 Bacons Bridge RdSummerville, SC 29485

  • Retail properties
  • 12,204 SF
For Lease
$18/SF/YR View listing

Property Details for 890 Bacons Bridge Rd

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.18 AC
Property size (Sq ft)
12,204 SF
Zone code
GB_SV
Property type
Retail properties
Property subtype
Strip malls
APN
145-06-06-007
APU
1450606007

Description

This exceptional retail opportunity presents two available spaces within the thriving Palm Village shopping center, located at 890 Bacons Bridge Road in Summerville, South Carolina, zip code 29485. The spaces range in size from 1,000 to 1,200 square feet, offering flexibility for a variety of retail businesses. Palm Village is a 22,604 square foot retail building situated on a highly visible and well-traveled section of Bacons Bridge Road, ensuring excellent exposure to a large customer base. The center enjoys a strong tenant mix, including established national and regional retailers such as Harris Teeter, BiLo, Tuesday Morning, Dollar Tree, Walgreens, Cirque Salon Studios, and Applebee's. This prime location in Dorchester County offers easy access for customers and provides a vibrant commercial environment. The multiple tenancy structure of Palm Village creates a synergistic atmosphere, attracting a diverse range of shoppers. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a thriving Summerville retail center. The property is situated at latitude 32.9973615456305 and longitude -80.18530011313814.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,717,392
    6.5%
    $3,431,439
    7%
    $3,186,336
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,749,396
    Geo Method
    $5,207,896
  • Alternative Use

    Use
    Valuation
    Residential
    $2,894,548
    Hospitality
    $2,651,390
    Educational
    $2,205,925
    Medical
    $2,281,790
    Retail
    $3,431,439
890 Bacons Bridge Rd, Summerville, South Carolina

Location Insight

City
Summerville
County
Dorchester
State
South Carolina
Latitude
32.9976
Longitude
-80.1857
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
$34,250
$30,000
$48,000
$78,000
-
$500,000
$800,000
$1,300,000

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