Great development opportunity near Cane Bay and Nexton. The parcel is approx 3.54 acres and is mostly cleared. Less than 1500' from the recently opened Nexton Parkway, approx .5 miles to the entrance of Cane Bay and less than 4 miles from the new Roper Saint Francis Berkeley Hospital. Mobile home is included in the sale of the property.
Acres | 3.54 |
City Name | Summerville |
County | Berkeley |
State | SC |
Property Type | Land |
Postal Code | 29483 |
Landsize Units | 3.5400Acre |
Status | Active |
Parcel Number | 1940001031 |
Title | COMMERCIAL SALE-- 3.54 AC ZONED FLEX 1 NEAR CANE BAY AND NEXTON PARKWAY |
Zoning | Berkeley - Flex1 - Agricultural |
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.