Vision Development Partners is pleased to present the exclusive listing for development land on Park Avenue Blvd in Carolina Park. Approved within the Carolina Park PUD this 12.73 acre site has 9.04 high developable acres approved for 5 acres general commercial and 4.04 acres for light industrial. Ideally located on Park Avenue Blvd between Park West Blvd and Faison Road this is an ideal development site with excellent ingress/egress. A great opportunity to develop in a rapidly growing area with Costco, CVS, Mixed use retail/restuarnts at The Bend, Sweetgrass Pharmacy, and many other retail, office medical and residential developments. *Marketing Package Coming Soon
| Acres | 12.73 |
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Land |
| Postal Code | 29466 |
| Landsize Units | 12.7300Acre |
| Status | Active |
| Parcel Number | 598-03-00-347 |
| Title | Carolina Park Development Opportunity CPC-5 & CPI-11 |
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.
