Summers Corner is a 6,900-acre master planned community in Dorchester County. The development boasts an allowable density of 7,400 single family units, to include an age restricted community of over 1,000 additional units, and 200+ acres of commercial land.The subject property, referred to as the '''Perry Tract'''' consists of 56 acres, highly prominent and located at the entrance to the community with substantial frontage on Hwy 61 near its intersection with Summers Drive. The best utility of the property is to be subdivided into smaller parcels. The graphics shown within this listing are conceptual only but show how the property can be divided into separate uses [such as multi-family, medical office, retail].
Acres | 5 |
City Name | Summerville |
County | Dorchester |
State | SC |
Property Type | Land |
Postal Code | 29485 |
Landsize Units | 56.0000Acre |
Status | Active |
Parcel Number | 159-00-00-027 |
Title | Commercial Land Available |
Zoning | Dorchester - R-2 - Single Family Small Lot Residential |
Listed by: Meyer Kapp & Associates LLC
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.