Carolina One Commercial is pleased to offer this incredible property, approximately 18 acres, just off I-26 at Ashley Phosphate Road, approximately 900 feet of road frontage, with great visibility from I-26. This is the epicenter of the Charleston area business development and growth. Currently zoned B-2 General Business in the City of North Charleston. A portion, which is wetlands, has been recently delineated. Several old abandoned roadbeds and trails on the property.Fresh wetlands delineation and Jurisdictional Determination, Phase I, Topographical Map, Geotechnical survey, etc. in hand and available, as well as other Due Diligence related information.Location is near the new I-26 Exit planned for the Palmetto Commerce Interchange (see link to SCDOT site), which will be located between Ashley Phosphate Road and US 78 University Blvd.at Ingleside!
| Acres | 18.1 |
| City Name | North Charleston |
| County | Charleston |
| State | SC |
| Property Type | Land |
| Postal Code | 29420 |
| Landsize Units | 18.1000Acre |
| Status | Active |
| Parcel Number | 484-00-00-013 |
| Title | Heart of North Charleston Development Property |
| Zoning | City of North Charleston - B-2 - General Business District |
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.
