2216 State 176 Road

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2216 State 176 Road

Summerville, SC 29486
Asking Price
$1.50M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset totaling 4.64 acres available for purchase
  • Strategically positioned in the growing Summerville, South Carolina submarket
  • Asset listed with an asking price of 1,500,000 dollars
  • Located at 2216 State 176 Road with convenient regional access
  • Suitable for diverse retail or office commercial project developments

What's Special

Summerville serves as a vital corridor within the Charleston metropolitan area, characterized by consistent population growth and expanding commercial infrastructure. This 4.64-acre commercial land parcel at 2216 State 176 Road benefits from the region's steady economic development and accessibility to major regional transit routes. The scale of this site provides significant flexibility for developers and investors aiming to capitalize on the increasing demand for commercial space in this active South Carolina submarket. Given the existing land configuration and location, potential use cases include various retail, office, or service-oriented commercial developments that align with local market needs. Investors and business owners seeking a strategic footprint in a growing suburban environment will find this site well-positioned for future project development.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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