1427 Ashley River Road

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1427 Ashley River Road

Charleston, SC 29407
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel spanning 0.67 acres for sale
  • Located at 1427 Ashley River Road in Charleston
  • Asset situated within a growing residential submarket
  • Positioned for custom housing or small-scale development
  • Easy access to regional transportation and infrastructure

What's Special

Developing residential housing on this 0.67-acre site provides a strategic opportunity to add value within the Charleston market. Located along Ashley River Road, the property benefits from proximity to established residential infrastructure in a city known for its historic appeal and steady population growth. The parcel's size and configuration accommodate various housing configurations, making it suitable for custom home construction or small-scale residential development projects. Charleston remains a focal point for regional economic activity, supported by diverse industry sectors and a strong coastal demographic that continues to attract new residents. As land availability remains limited in key areas of the metropolitan region, this site offers potential for investors and builders seeking a foothold in an active submarket. The surrounding neighborhood context provides a baseline for residential density and connectivity to the broader Charleston area, facilitating ease of access for future occupants and long-term viability for the site.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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