10650-10656 Dorchester Road Listing Details & Market Data

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