OI (Office Institutional) Commercial zoned investment opportunity right on Central Ave in the highly sought after Knightsville Community. Property consists of .32 acre 350' deep lot with a 917sf, 2 bedroom 5 total room fixer upper house plus 2 garage buildings all totaling 1713 square feet. Great location for all types of office uses or possible rezoning to allow a much broader amount of uses. Property is being sold as is.
City Name | Summerville |
County | Dorchester |
State | SC |
Property Type | Office |
Postal Code | 29483 |
Square Feet | 1713 SF |
Landsize Units | 0.3200Acre |
Status | Active |
Parcel Number | 1351600001 |
Title | KNIGHTSVILLE INVESTMENT OPPORTUNITY |
Year Build | 1965 |
Zoning | Dorchester - OI - Office and Institutional |
Listed by: Carolina One Real Estate
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.