9500 Dorchester RdSummerville, SC 29485

Property Details for 9500 Dorchester Rd

Year built

2014

Lot size

20.14 AC

Property size (Sq ft)

102,297 SF

Zone code

PDD_NC

Property type

Retail properties

Property subtype

Community centers

APN

171-00-00-212

APU

1710000212

Description

This exceptional 13-acre commercial development land presents a unique investment opportunity in Summerville, South Carolina. Located at 9500 Dorchester Rd, 29485, this property boasts a prime location directly across from the thriving Corner at Wescott shopping center, a 140,000 square foot retail destination anchored by Harris Teeter and Marshalls. Its adjacency to Lowe's Home Improvement further enhances its visibility and accessibility. The site offers excellent potential for a variety of commercial uses, including retail, office suites, or public storage facilities. An internal road connects the property to Wescott Boulevard, providing convenient access via a full-access intersection. This area is experiencing significant residential growth, fueled by the expanding employee base at The Boeing Company's nearby Charleston International Airport facility. The property's strategic location and versatile zoning make it an ideal choice for developers seeking a high-impact commercial project in a rapidly growing market. Build-to-suit options and individual parcels are available. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location with exceptional potential for long-term growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $31,160,120

  6.5%

  $28,763,188

  7%

  $26,708,674

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,046,132

  Geo Method

  $43,653,896

• Alternative Use

  Use

  Valuation

  Residential

  $24,262,824

  Hospitality

  $22,224,618

  Educational

  $18,490,620

  Medical

  $19,126,542

  Retail

  $28,763,188

Location Insight

City

Summerville

County

Dorchester

State

South Carolina

Latitude

32.9358

Longitude

-80.1403

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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