Oswald Cooke & Associates is pleased to offer a 1+/- acre of raw commercial land for sale located on Bowman Road in Mount Pleasant, SC. The property conveys approximately 1 acre that is to be subdivided from the original parcel. The site offers high visibility and full access on Bowman Road. Chuck Dawley Boulevard (22,200 VPD) is 600 feet from the parcel and is a main thoroughfare that feeds into Interstate 526 and is home to many local and national businesses. The site is zoned Areawide Business in the Town of Mount Pleasant and allows for a variety of commercial uses. The Ravenel Bridge is 3.4 miles away and just 1/2 mile to Interstate 526 entrance. Charleston has been named the No. 1 Tourist Destination in America by Conde Nast multiple times. In 2017 it was estimated that 7 million visitors came to the Greater Charleston area which is a 26 increase from 2016. The economic impact in 2022 from tourists alone was record breaking $12.8 billion.
| Acres | 1 |
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Land |
| Postal Code | 29464 |
| Landsize Units | 1.0000Acre |
| Status | Active |
| Parcel Number | 560-02-00-019 |
| Title | 1 Acre Bowman Road |
| Zoning | Mt Pleasant - AB - Areawide Business |
Listed by: Oswald Cooke and Associates
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.
