Contacts

Jon-Michael Brock

Lee & Associates Charleston

(843) 203-1056

Property Details

Property Type Multi-Family
Property Size 81,000 SF
Units 3
Lot Size 9.65 Acre
Year Built 1980
Year Renovated 2012
Date Updated Feb 26, 2024

Located in Summerville, SC, the property sits in a high traffic area with a VPD of 24,000.10650-10656 Dorchester Road features a portfolio of income-producing assets with significant value-add opportunity. Located in Summerville, SC, the property sits in a high traffic area with a VPD of 24,000. A key highlight is the fully-leased retail/flex building, featuring a national credit tenant (Do It Best Hardware). With stable cash flow already in place, a new owner can seamlessly implement redevelopment plans while enjoying immediate financial stability. Situated on approximately 9.65 acres of Commercial General (CG) zoned land in rapidly growing Dorchester County, this property presents endless possibilities for developers. The market has seen a surge of new retailers and housing, with Lennar Homes planning over 1,200 homes within a 5-mile radius. The full site features a 40,000 SF national retailer, 38 mobile homes and 3 single family houses. The retail property highlighted in blue is on a long term lease. The housing sites, highlighted in red, are all on month to month leases. The properties can be sold separately: “Do It Best” Hardware Store - $3,296,000 (6.25% Cap Rate) Mobile Homes & SFR - $2,954,000

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Highlights

9.65 AC
Commercial General (CG) Zoned
40,000 SF National Retailer
38 mobile homes
3 single family houses
Vehicle Per Day 24,000
Assets can be sold separately

Attachments

10650-10656 Dorchester Road_TEASER_V1_EMAIL.pdf (PDF) opens in new window

Getting around

44/100
Walk Score ®
46/100
Bike Score ®

Powered by Walk Score ®

City Summerville, SC
Zip Code 29485
Market Charleston

Points of Interest

Exxon

1.95 miles
Circle K

2.13 miles
Speedway

2.84 miles
Circle K

5.51 miles
Exxon

5.91 miles
Speedway

6.02 miles
Speedway

6.18 miles
Kangaroo Express

6.27 miles
Circle K

6.31 miles
Speedway

6.38 miles

Downtown Summerville Parking Garage

3.77 miles
Strip Mall Parking Lot

9.24 miles
Wal-Mart Parking Lot

9.31 miles
Rite Aid Parking Lot

9.42 miles

Comfort Inn

5.56 miles
Quality Inn Summerville-Charleston

5.56 miles
Comfort Inn Summerville - Charleston

5.57 miles
Sleep Inn Summerville-Charleston

5.61 miles
Econo Lodge

5.62 miles
Wyndham Garden Summerville

5.67 miles
Country Inn & Suites

5.74 miles
Cambria Hotel Summerville - Charleston

5.98 miles
Courtyard by Marriott Charleston Summerville

6.04 miles
Hilton Garden Inn Summerville

6.06 miles

Walmart Neighborhood Market

0.12 miles
Publix

2.15 miles
Harris Teeter

2.35 miles
Lowes Foods

2.48 miles
Big Lots

2.54 miles
Aldi

2.57 miles
Walmart Supercenter

3.07 miles
Food Lion

3.36 miles
Publix

3.48 miles
Piggly Wiggly

3.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

10650-10656 Dorchester Road