3302 Old Pond Road

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3302 Old Pond Road

Johns Island, SC 29455
Asking Price
$2.10M
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land asset located at 3302 Old Pond Road in Johns Island.
  • The property is currently offered for sale at $2,100,000.
  • This parcel is situated within the expanding Charleston metropolitan housing market.
  • Developers may utilize the site for diverse residential project applications.
  • The location balances rural characteristics with proximity to urban Charleston infrastructure.

What's Special

Priced at $2,100,000, this residential land site at 3302 Old Pond Road provides a development opportunity in Johns Island, South Carolina. The property occupies a strategic position within the Charleston metro area, a region characterized by consistent demographic growth and increasing demand for residential housing. Investors and developers will find this parcel suitable for various residential projects, leveraging the island's unique blend of rural charm and proximity to the urban amenities of downtown Charleston. Johns Island continues to be a focal point for regional expansion due to its accessibility and natural landscape. With the current market trajectory, this site presents a clear pathway for developers looking to capitalize on the sustained influx of residents moving to the South Carolina Lowcountry. Prospective buyers can assess the site for single-family or multi-unit residential potential, taking advantage of the expansive space available in this growing coastal submarket.

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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85

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