1268 State RdSummerville, SC 29486
- Retail properties
- 3,000 SF
Property Details for 1268 State Rd
- Year built
- 1993
- Lot size
- 10.00 AC
- Property size (Sq ft)
- 3,000 SF
- Zone code
- BERKELEY COUNTY - GC
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 209-00-01-061
- APU
- 2090001061
Description
This exceptional 3,000 square foot flex warehouse, situated on a 10-acre lot in Summerville, South Carolina, presents a compelling investment opportunity. Built in 1993 and zoned for General Commercial use, the property boasts 315 feet of frontage on State Road (Highway 176), ensuring high visibility and convenient access. The building itself comprises approximately 1,000 square feet of office space and 2,000 square feet of raw warehouse space, complemented by a mezzanine storage area adding an additional 1,000 square feet of usable space. Warehouse features include 18-foot eaves and two 10' x 12' bay doors. The property is conveniently located between Carnes Crossroads (1.7 miles) and Cane Bay (2.2 miles), and is within close proximity to the new Roper Hospital (1.2 miles). This high-traffic area offers excellent potential for a variety of businesses. The sale includes a quitclaim deed for half of an adjacent 0.107-acre parcel (TMS #: 209-00-01-084), adding further value. The property's location and improvements represent a significant investment opportunity. The APN is 209-00-01-061. The building will be vacant upon sale.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $913,813
- 6.5%
- $843,520
- 7%
- $783,269
-
Comparable approach
- Method
- Valuation
- Relative Method
- $675,860
- Geo Method
- $1,280,210
-
Alternative Use
- Use
- Valuation
- Residential
- $711,541
- Hospitality
- $651,767
- Educational
- $542,263
- Medical
- $560,912
- Retail
- $843,520
Location Insight
- City
- Summerville
- County
- Berkeley
- State
- South Carolina
- Latitude
- 33.0801
- Longitude
- -80.1051
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].