2063 N Main Street Summerville, SC 29486

This is a rare opportunity to acquire a high-potential commercial development positioned for strong long-term income andvalue growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed 24,650 SF developmenthas the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalizationrate, 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 developmenttimeline and risk. Extensive due diligence materials -- including wetland studies, soil reports, groundwater analysis, and siteevaluations -- have already been completed and are available upon request, providing investors and developers with avaluable head start toward bringing this project to life. 2.80 Acres For Sale to be developed. 42,000 AADT 2022 (SCDOT). All utilities are at the site. Property located on a corner with two accesspoints. Value buy located between Nexton and CarnesCrossroads Seller would entertain a build to suit as well. Very broad zoning allowing mostcommercial businesses.

• MLS ID31008641
• Property TypeCommercial - Industrial
• Days on Site1
• Lot Size2.80 Acres
• Parcel Number2221404046
• ZoningBerkeley - GC - General Commercial
• acres2.80