2063 N Main Street, Summerville, SC 29486
$3,500,000
Property Type:
Commercial Sale
Status:
Active
Current Price:
$3,500,000
List Date:
5/19/2026
Last Modified:
5/22/2026
Overview
Description
...
(Read more)
This is a rare opportunity to acquire a high-potential commercial development positioned for strong long-term income and
value growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed 24,650 SF development
has the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalization
rate, the property could support an estimated stabilized valuation of approximately $12.3 million.
Even more compelling, the property is being offered with permits already in place, significantly reducing development
timeline and risk. Extensive due diligence materials -- including wetland studies, soil reports, groundwater analysis, and site
evaluations -- have already been completed and are available upon request, providing investors and developers with a
valuable head start toward bringing this project to life.
• 2.80 Acres For Sale to be developed.
• 42,000 AADT 2022 (SCDOT).
• All utilities are at the site.
• Property located on a corner with two access
points.
• Value buy located between Nexton and Carnes
Crossroads
• Seller would entertain a build to suit as well.
• Very broad zoning allowing most
commercial businesses.
Listing Details MLS# 31008641
Location
- Street Number
- 2063
- Street Direction Prefix
- N
- Street Name
- Main
- Street Suffix
- Street
- County
- Berkeley
- Nearest MSA
- Charleston-North Charleston, SC
- Submarket/Township
- 74 - Summerville, Ladson, Berkeley Cty
- State or Province
- SC
- Postal Code
- 29486
- Parcel Number
- 2221404046
- Opportunity Zone
- No
General Information
- Property Sub Type
- Unimproved Land
- Listing Name
- 2.8 Acres For Sale
- Lot Acres Min
- 2.8
- Lot Acres
- 2.8
- Zoning
- Berkeley - GC - General Commercial
- List Price/Acre
- 1250000
- Opt In to Crexi?
- Yes
Contract Information
- Listing Contract Date
- 2026-05-19
- Fixed Price or Range?
- Fixed Price
- Original List Price
- 3500000
- Tax Legal Description
- 2.840 Ac (06/2024)
Land Related
- In Flood Plain?
- No
Financials
- Tax Assessed Value
- 85260
Status Change Info
- Status Change Date
- 2026-05-19
More Information
Auction Details
- Auction
- No
Directions & Remarks
- Public Remarks
- This is a rare opportunity to acquire a high-potential commercial development positioned for strong long-term income and value growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed 24,650 SF development has the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalization rate, the property could support an estimated stabilized valuation of approximately $12.3 million. Even more compelling, the property is being offered with permits already in place, significantly reducing development timeline and risk. Extensive due diligence materials -- including wetland studies, soil reports, groundwater analysis, and site evaluations -- have already been completed and are available upon request, providing investors and developers with a valuable head start toward bringing this project to life. • 2.80 Acres For Sale to be developed. • 42,000 AADT 2022 (SCDOT). • All utilities are at the site. • Property located on a corner with two access points. • Value buy located between Nexton and Carnes Crossroads • Seller would entertain a build to suit as well. • Very broad zoning allowing most commercial businesses.
Property Sub Type
- Unimproved Land
- Yes
Property Features
Property Sub Type:
Unimproved Land
Documents
Listing Office:
Coldwell Banker Comm/Atlantic
Last Updated: May - 22 - 2026
Broker Attribution:
8437449877
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