2943 Clements Ferry Road

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2943 Clements Ferry Road

Charleston, SC 29492
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 16.41 acres <p>±16.41-acre waterfront site on Clements Ferry Rd in Berkeley County (south of I-526)</p><p>±14 acres upland and ±2 acres marsh with scenic Lowcountry setting</p><p>Zoned RR-1 / RR-1 / C with approvals for up to 110 boat slips (DHEC-OCRM / U.S. Army Corps of Engineers)</p><p>Conceptual plan allows for a 38-lot residential subdivision with marina components</p>

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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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