139 Jed Park PlSummerville, SC 29483

  • Retail properties
  • 7,200 SF
For Lease

Property Details for 139 Jed Park Pl

Year built
2007
Lot size
12.91 AC
Property size (Sq ft)
7,200 SF
Zone code
BERKELEY COUNTY - LI
Property type
Retail properties
Property subtype
Other automotive properties
APN
207-00-02-115
APU
2070002115

Description

This exceptional 5.5-acre industrial property in Summerville, South Carolina, presents a unique opportunity for businesses seeking ample outdoor storage space. Located at 139 Jed Park Place, this single-tenancy site boasts convenient access via a two-lane ingress/egress from a cul-de-sac, enhanced by a security gate for added peace of mind. The property features existing utilities and newly laid gravel, simplifying setup and operations. Zoned Light Industrial (Berkeley County), it benefits from a variance permitting four-high container stacking, maximizing storage capacity. Build-to-suit office space is available, catering to specific business needs. Strategically positioned less than one mile from Interstate 26, this location offers seamless connectivity to major transportation arteries. Furthermore, its proximity to key port facilities – within 22 miles of the North Charleston Terminal, 25 miles of the Hugh Leatherman Terminal, and 30 miles of the Wando Welch Terminal – provides unparalleled logistical advantages. The property is anticipated to be available for lease in the first quarter of 2025. The APN is 207-00-02-115. This is an ideal location for businesses requiring substantial outdoor storage with easy access to major transportation routes and port facilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,193,152
    6.5%
    $2,024,448
    7%
    $1,879,844
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,622,063
    Geo Method
    $3,072,505
  • Alternative Use

    Use
    Valuation
    Residential
    $1,707,698
    Hospitality
    $1,564,242
    Educational
    $1,301,431
    Medical
    $1,346,189
    Retail
    $2,024,448
139 Jed Park Pl, Summerville, South Carolina

Location Insight

City
Summerville
County
Berkeley
State
South Carolina
Latitude
33.074
Longitude
-80.1866
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
2022
$35,776
$91,590
$29,004
$120,594
-
$1,526,500
$483,400
$2,009,900

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