2215 Central AveSummerville, SC 29483
- Other commercial real estate
- 1.07 AC
Property Details for 2215 Central Ave
- Lot size
- 1.07 AC
- Zone code
- CG_DC
- Property type
- Other commercial real estate
- APN
- 151-04-00-043
- APU
- 1510400043
Description
This exceptional investment opportunity in Summerville, South Carolina, presents a fully approved mixed-use development site at 2215 Central Ave, with permits already secured for immediate construction. The 0.5-acre lot (buyer to verify) encompasses plans for 25 townhome lots, designed for modern living in a high-demand area, and a 3,400 square foot commercial building. This building offers versatile space suitable for retail, office, or mixed-use applications, boasting prime frontage on Central Ave for optimal visibility and accessibility. Located in the thriving Summerville community, a rapidly growing suburb of Charleston, the property enjoys convenient proximity to shopping, dining, and major transportation routes. The development benefits from a Class A designation and falls under the Dorchester - CG - General Commercial zoning. All impact fees have been paid and are included in the asking price of $1,525,000 (receipts available upon request). This turnkey project offers significant potential for both immediate development and long-term growth, eliminating lengthy approval processes and allowing for a swift return on investment. The property is zoned for multifamily and retail uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $11,054,733
- Hospitality
- $10,126,076
- Educational
- $8,424,776
- Medical
- $8,714,517
- Retail
- $13,105,207
Location Insight
- City
- Summerville
- County
- Dorchester
- State
- South Carolina
- Latitude
- 32.9828
- Longitude
- -80.2422
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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