2063 N Main St, Summerville, SC

Land for Sale - $3,500,000 - 1,737 Sq. Ft. on 2.72 acres


Agent Info

Jing Donovan
Coldwell Banker Commercial Atlantic

Property Info

CIMLS#1191708
Location
  2063 N Main St
  Summerville SC 29486
UpdatedMay 22nd, 2026
TypeLand
Price$3,500,000
Building1,737 Sq. Ft.
Land2.72 acres

Property Description

This is a rare opportunity to acquire a high-potential commercial development positioned for strong long-term income and

value growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed 24,650 SF development

has the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalization

rate, the property could support an estimated stabilized valuation of approximately $12.3 million.

Even more compelling, the property is being offered with permits already in place, significantly reducing development

timeline and risk. Extensive due diligence materials — including wetland studies, soil reports, groundwater analysis, and site

evaluations — have already been completed and are available upon request, providing investors and developers with a

valuable head start toward bringing this project to life.


Financials



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