725 Central Avenue Land For Sale 725 Central Avenue Land For Sale Land Available with Access Land Available with Access Prepared on Oct 14, 2020 on SCCMLS Prepared on Oct 14, 2020 on SCCMLS The Brokerage Real Estate and Business Brokerage is proud to offer 725 Central Avenue for Sale. Prepared By Prepared By David H Seay David H Seay The Brokerage, LLC 3404-202A Salterbeck Street Mount Pleasant, SC 843-364-6720 [email protected]Page 1 Page 1
22
Embed
725 Central Avenue Land For Sale...Sale Listings 642 821 941 7.7 million SF For Lease 7.9 million SF 18.9 million SF 19.9 million SF 549.6 million SF For Sale 564.4 million SF 701.6
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
725 Central Avenue Land For Sale725 Central Avenue Land For SaleLand Available with AccessLand Available with AccessPrepared on Oct 14, 2020 on SCCMLSPrepared on Oct 14, 2020 on SCCMLS
The Brokerage Real Estate and Business Brokerage is proud to offer 725 Central Avenue for Sale.
Prepared ByPrepared ByDavid H SeayDavid H SeayThe Brokerage, LLC
More Information OnlineMore Information Onlinehttp://catylist.sccmls.com/listing/e34b0vECzsw
QR CodeQR CodeScan this image with your mobile device:
Listing ID: 30658036Status: PrivateProperty Type: Vacant Land For SalePossible Uses: Agricultural, HospitalityGross Land Area: 3 - 3.05 AcresSale Price: $495,000Sale Terms: Cash to Seller, Other
Overview/CommentsOverview/CommentsImagine a subdivision for single family homes with an amenity center oreven a mixed use development with quick access onto Central Avenue.Hidden away underneath some beautiful trees, this is an exceptionalopportunity for an infill developer. Approximately 3 acres currently beingsurveyed for an exact acreage count and under tax map subdivision.Currently zoned as a Planned Development (PD) this forthcoming parceloffers a developer or land holder the opportunity to rezone to the desired useof the developer. With immediate access to Central Avenue, this access andsurrounding uses could be Neighborhood Business, Single Family orApartments, Townhomes or Condominiums. Mixed Use may also havepotential. Please investigate any uses that might be of interest to you asour we cannot guarantee the zoning/use, however favorable discussionshave been had with the Town of Summerville. The Seller will not close onthis transaction prior to the final legal separation of this property throughthe tax map subdividing process.
Please review the following sections of the Town of Summerville'sOrdinances and Code: See Chapter 2 of Zoning Ordinance:
General InformationGeneral InformationTaxing Authority: Summerville and Dorchester - See Tax RecordsTax ID/APN: 137-09-01-016
Zoning: PD - Planned Development DistrictSale Terms: Cash to Seller, Other
Possible Uses Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort,Other
Area & LocationArea & LocationProperty Visibility: ExcellentLegal Description: ForthcomingLargest Nearby Street: Main RoadFeet of Frontage: 82
Highway Access: Close to Main Road and Close to I-26 InterchangeSite Description: LevelArea Description: Mix of Residences and Businesses.
Land RelatedLand RelatedLot Frontage: 82Part of Planned Development?: Yes
Zoning Description Currently zoned as a Planned Development (PD) this forthcoming parcel offers a developer or land holder the opportunity to rezone to the desired use ofthe developer. With immediate access to Central Avenue, this access and surrounding uses could be Neighborhood Business, Single Family or Apartments, Townhomes orCondominiums. Mixed Use may also have potential. Please investigate any uses that might be of interest to you as our we cannot guarantee the zoning/use, howeverfavorable discussions have been had with the Town of Summerville. The Seller will not close on this transaction prior to the final legal separation of this property throughthe tax map subdividing process.
3 Acres For Sale In Summerville3 Acres For Sale In Summerville725 Central Ave, Summerville, SC 29483
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
ReliabilityReliability: The quality of the data will vary based on many factors, including whether or notyour CIE verifies the data on an ongoing basis. Statistics based on larger numbers of listings(as indicated by the "Listings" column) are generally more trustworthy.
AccuracyAccuracy: We make all attempts to normalize these stats, but make no guarantees abouttheir accuracy. Outliers (extremely high or low values) are excluded from calculations.
CountsCounts: Listing and Transaction counts reflect the number of records with price and sizeinformation within valid ranges. The actual counts of all records in the CIE are larger.
Weighted AveragesWeighted Averages: Price averages are weighed using the square footage available.
DirectDirect: Lease statistics are direct (exclude subleases).
Lease TypesLease Types: Because of discrepancies in how lease types (NNN, Gross, etc) are reported, weignore differences in type – all types are folded together into the lease rate stats.
Below ListBelow List: Reflects the average percent difference between the original listed price and thefinal transaction price.
Net AbsorptionNet Absorption: We calculate absorption using a 90 day period.
LocationsLocations: We only allow filters for locations with at least 100 active listings.
Asking vs. ReportedAsking vs. Reported: "Asking" prices are based on active listings for the chosen locale, while"Reported" prices are calculated using completed transactions as reported by CIE members.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Disclaimer:Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the
user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using.
PopulationPopulation
Population (Male)Population (Male)
Demographics, Labor/Workforce, and ConsumerDemographics, Labor/Workforce, and ConsumerExpendituresExpenditures725 Central Ave, Summerville, SC
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Age 0 to 5 866 6,029 11,650Age 5 to 10 779 5,290 10,109
Age 10 to 15 734 5,106 9,858Age 15 to 20 731 5,062 9,821Age 20 to 25 740 5,023 9,681Age 25 to 30 720 4,805 9,032Age 30 to 35 639 4,406 8,162Age 35 to 40 545 4,038 7,530Age 40 to 45 512 3,904 7,311Age 45 to 50 553 4,022 7,586Age 50 to 55 605 4,109 7,748Age 55 to 60 654 4,045 7,663Age 60 to 65 638 3,712 7,032
Age 65 and over 1,973 10,603 19,931Total Population 10,689 70,154 133,114
Median Age 37.05 34.41 33.78
Radius: 1 mile 3 miles 5 miles
Age 0 to 5Age 5 to 10Age 10 to 15Age 15 to 20Age 20 to 25Age 25 to 30Age 30 to 35Age 35 to 40Age 40 to 45Age 45 to 50Age 50 to 55Age 55 to 60Age 60 to 65Age 65 and over
8% 9% 9%
7% 8% 8%
7% 7% 7%
7% 7% 7%
7% 7% 7%
7% 7% 7%
6% 6% 6%
5% 6% 6%
5% 6% 5%
5% 6% 6%
6% 6% 6%
6% 6% 6%
6% 5% 5%
18% 15% 15%
Radius: 1 mile 3 miles 5 miles
2010 Census 39.06 34.56 33.88
Radius: 1 mile 3 miles 5 miles
2010 Census 41 36.95 35.98
Radius: 1 mile 3 miles 5 miles
High SchoolGraduate (or GED)
1,968 13,348 26,224
Some College, NoDegree
1,278 10,390 20,412
Associate orBachelor's Degree
403 3,412 6,631
Master's Degree 629 2,332 3,714Professional School
Managing BrokerManaging Broker – Working in Commercial Real Estate Since 20072007
DAVID SEAY
As an invested and passionate high school athlete ?Hustle? was a call to arms on the court. Itmeant the difference between investing in the game or simply being another body. As a team, wehustled by seeing the plays laid out before us, visualizing the end goal and keeping agilethroughout each game. This experience, determination and dedication would drive me to reach myfull potential throughout my life.
As I ventured into the real estate industry in a depressed economy, a hole formed in the bottom ofmy dress shoes. As it grew bigger, I began to feel my feet on the pavement. That feeling became aconstant reminder to me to keep going..keep hustling. The aspiration of my youth had made wayfor an insatiable work ethic. Looking the ?can?t, won?t and give up?s? in the face was lighting thefire in my belly. A real estate scholarship opportunity presented itself at just the moment that I feltI?d had enough, launching me onto a new path of learning.
My personal philosophy has grown out of my experiences and tells me not to look for validation ofothers to know that I have value, instead I strive to ring the bell for myself, my family and friendsand my clients. At the end of the day, we can remain that average kid from an average town withaverage opportunities and leave potential on the table or, instead, choose to swing for the fencesand become the best version of ourselves. As I learned early on the court, I am able to make achoice every day to hustle?#Hustle4Ever.
I put a great deal of care and concern into helping my clients fulfill their individual objectives andrealize their personal goals by applying my passion for real estate and business brokerage. As aformer Financial Advisor for one of the world?s largest banks, I understand how important otherpeople?s assets and investment goals are to them. I leverage my professional experiences withsome of the world?s most respected companies and my direct life experience as a small businessowner as well as a commercial & residential property owner to assist real estate users andinvestors as they make informed real estate decisions.
PROPER PLANNING
Successful real estate decisions are made in a financially responsible manner that maximizesgain and manages risk. Personal experience as both a tenant and a landlord has shown me theups and downs associated with each role, including legal disputes. I have participated in 1031 taxdeferred property exchanges and sale-leasebacks as well as served as a project manager, aconstruction supervisor and property regime representative.
ExpertiseExpertise
David H SeayDavid H SeayThe Brokerage, LLC
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Professional Licenses:Professional Licenses:Real Estate Brokerage
Real Estate Licenses:Real Estate Licenses:South Carolina Real Estate License: 58614
CredentialsCredentials
EducationEducation
Bachelor, Economics/ManagementUniversity of South Carolina 1998
Completed TransactionsCompleted Transactions
Completed Sale – Vacant Land in Ladson, SCCompleted Sale – Vacant Land in Ladson, SCCOLLEGE PARK RDProperty Subtypes: Agricultural, Industrial, Office, Retail, Vacation/Resort, General Completed: 8/3/2020Size: 17.63 AcresPrice: $950,000Cap Rate: Undisclosed
Seller wanted to sell and navigate wetlands, zoning and development.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Completed Sale – Industrial in North Charleston, SCCompleted Sale – Industrial in North Charleston, SC1020 Aragon AveProperty Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Light Industrial, Net Leased,Office Showroom, Truck Terminal, Warehouse/Distribution, Other Completed: 5/21/2020Size: 51,484 SFPrice: $3,600,000Cap Rate: Undisclosed
In 2016, I helped this client sell their company and perform a lease to the new corporation thatpurchased the operating company. The owners decided to sell the property as an investment sale.
Completed Sale – Vacant Land in North Charleston, SCCompleted Sale – Vacant Land in North Charleston, SC0 NorthwoodsProperty Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage,Vacation/Resort, Other Completed: 1/27/2020Size: 1.89 AcresPrice: $190,000Cap Rate: Undisclosed
Client had a property they no longer wanted so we sold it after some engineering studies wereperformed.
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: B202Property Subtypes: Business Park, Executive Suites, Net Leased, Office Building, Other Completed: 12/5/2019Size: 1,214 SFPrice: $165,000Cap Rate: Undisclosed
Seller was selling last unit in portfolio.
Completed Lease – Office in Mount Pleasant, SCCompleted Lease – Office in Mount Pleasant, SC3404 Salterbeck St, Unit: 203Property Subtypes: Business Park, Executive Suites, Medical, Office Building, Other Completed: 11/4/2019Size: 903 SFPrice: $23 PSF (Annual)
Client needed to lease second generation space after existing tenant decided to purchase. Helpedstructure the deal and improvements.
Completed Sale – Retail-Commercial in Charleston, SCCompleted Sale – Retail-Commercial in Charleston, SC1722 Ashley River RdProperty Subtypes: Free-Standing Building, Street Retail, Other Completed: 9/13/2019Size: 7,520 SFPrice: $1,100,000Cap Rate: Undisclosed
Landlord wanted to sell a family property and meet personal goals. Client was coached about bestapproach to make an informed and successful decision.
Completed Lease – Office in Mount Pleasant, SCCompleted Lease – Office in Mount Pleasant, SC767 Johnnie Dodds Blvd, Unit: 767Property Subtypes: Medical, Office Building Completed: 6/9/2019Size: 3,323 SFPrice: Undisclosed
Sublessor wanted to lease the property. Broker negotiated a full release of the master lease to clientssatisfaction.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: B200Property Subtypes: Business Park, Executive Suites, Medical, Net Leased, Office Building, OtherCompleted: 5/17/2019Size: 1,050 SFPrice: $147,000Cap Rate: Undisclosed
Helped client sell off a portfolio of office units.
Completed Sale – Retail-Commercial in Mount Pleasant, SCCompleted Sale – Retail-Commercial in Mount Pleasant, SC100 Ann Edwards LnProperty Subtypes: Street Retail Completed: 4/16/2019Size: 1,000 SFPrice: $400,000Cap Rate: Undisclosed
Business Owner wanted to market and sell operating company confidentially.
Completed Lease – Office in Charleston, SCCompleted Lease – Office in Charleston, SC260 Seven Farms Drive, Unit: GProperty Subtypes: Business Park, Executive Suites, High-Tech, Medical, Mixed Use, Office Building,Research & Development, Other Completed: 2/5/2019Size: 852 SFPrice: $2,700 (Monthly)
Client wanted to lease this unit and wanted it heavily marketed.
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: B203Property Subtypes: Business Park, Executive Suites, Medical, Office Building, Other Completed: 2/4/2019Size: 1,566 SFPrice: $219,000Cap Rate: Undisclosed
Client wanted to sell and wanted the property heavily marketed.
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: B201Property Subtypes: Business Park, Executive Suites, Net Leased, Office Building, Other Completed: 12/17/2018Size: 974 SFPrice: $131,490Cap Rate: Undisclosed
Client wanted to sell this office condo.
Completed Sale – Retail-Commercial in Mount Pleasant, SCCompleted Sale – Retail-Commercial in Mount Pleasant, SC724 S Shelmore Blvd, Unit: 32Property Subtypes: Day Care Facility, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, OtherCompleted: 9/10/2018Size: 2,175 SFPrice: $545,000Cap Rate: Undisclosed
Client wanted to sell. Seller agent represented the Seller only.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Completed Sale – Retail-Commercial in North Charleston, SCCompleted Sale – Retail-Commercial in North Charleston, SC1024 Aragon AveProperty Subtypes: Other Completed: 9/10/2018Size: 20,000 SFPrice: $6,500,000Cap Rate: Undisclosed
Seller was selling business and leasing real estate.
Completed Sale – Office in Goose Creek, SCCompleted Sale – Office in Goose Creek, SC597 Old Mt Holly Rd, Unit: 207Property Subtypes: Business Park, Executive Suites, Medical, Office Building, Other Completed: 8/24/2018Size: 1,696 SFPrice: $135,000Cap Rate: Undisclosed
Client wanted to sell Shell Space.
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: B203Property Subtypes: Business Park, Office Building Completed: 6/28/2018Size: 1,551 SFPrice: $226,300Cap Rate: Undisclosed
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: A201Property Subtypes: Business Park, Net Leased, Office Building Completed: 6/11/2018Size: 867 SFPrice: $117,045Cap Rate: Undisclosed
Completed Lease – Office in Mount Pleasant, SCCompleted Lease – Office in Mount Pleasant, SC3400 SALTERBECK ST, Unit: 100CProperty Subtypes: Office Building Completed: 5/3/2018Size: 1,523 SFPrice: $14 PSF (Annual)
Client wanted to relet this space.
Completed Lease – Shopping Center in Mount Pleasant, SCCompleted Lease – Shopping Center in Mount Pleasant, SC712 S SHELMORE BLVD, Unit: 101Property Subtypes: Neighborhood Center Completed: 3/9/2018Size: 725 SFPrice: $1,695 (Monthly)
Re-Lease of Commercial Space.
Completed Sale – Office in North Charleston, SCCompleted Sale – Office in North Charleston, SC8252 Rivers AveProperty Subtypes: Executive Suites, High-Tech, Medical, Mixed Use, Flex Space, Office Building,Research & Development, Other Completed: 1/19/2018Size: 6,572 SFPrice: $685,000Cap Rate: Undisclosed
Client wanted to sell this property.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Completed Sale – Office in Goose Creek, SCCompleted Sale – Office in Goose Creek, SC102 Greenland DrProperty Subtypes: Business Park, Executive Suites, Governmental, High-Tech, Medical, Office Building,Research & Development, Other Completed: 12/6/2017Size: 4,066 SFPrice: $412,500Cap Rate: Undisclosed
Client wanted to sell this property for other ventures.
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC668 MARINA DR, Unit: D203Property Subtypes: Business Park, Office Building Completed: 11/21/2017Size: 2,004 SFPrice: $270,000Cap Rate: Undisclosed
Client wanted to sell this property.
Completed Lease – Office in Mount Pleasant, SCCompleted Lease – Office in Mount Pleasant, SC3400 Salterbeck St, Unit: 100Property Subtypes: Business Park, Medical, Net Leased, Office Building, Other Completed: 10/10/2017Size: 2,488 SFPrice: Undisclosed
Secured a Medical User for 5 Years.
Completed Sale – Office in Charleston, SCCompleted Sale – Office in Charleston, SC669 MARINA DR, Unit: C100Property Subtypes: Business Park, Net Leased, Office Building Completed: 9/8/2017Size: 956 SFPrice: $135,752Cap Rate: Undisclosed
Seller wanted to dispose of this asset.
Completed Sale – Office in Mount Pleasant, SCCompleted Sale – Office in Mount Pleasant, SC3400 Salterbeck St, Unit: 102Property Subtypes: Business Park, Executive Suites, Medical, Net Leased, Office Building, OtherCompleted: 7/28/2017Size: 1,163 SFPrice: $265,000Cap Rate: Undisclosed
Client wanted to sell this investment property for personal reasons.
Completed Sale – Vacant Land in Awendaw, SCCompleted Sale – Vacant Land in Awendaw, SCDOAR RDProperty Subtypes: Agricultural, Multi-Family, Residential (Single Family) Completed: 6/30/2017Size: 113.20 AcresPrice: $1,750,000Cap Rate: Undisclosed
I represented the seller on this transaction.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Completed Sale – Office in Goose Creek, SCCompleted Sale – Office in Goose Creek, SC597 Old Mt Holly Rd, Unit: 202Property Subtypes: Business Park, Medical, Office Building Completed: 6/12/2017Size: 2,092 SFPrice: $328,000Cap Rate: Undisclosed
Client wanted to sell this office and relocate.
Completed Lease – Office in Mount Pleasant, SCCompleted Lease – Office in Mount Pleasant, SC1124 PARK WEST BLVD, Unit: 102Property Subtypes: Business Park, Medical, Office Building Completed: 4/17/2017Size: 1,466 SFPrice: $22 PSF (Annual)
Landlord needed professional representation for leasing vacant space in his building.
Completed Sale – Office in North Charleston, SCCompleted Sale – Office in North Charleston, SC8310 Rivers Ave, Unit: DProperty Subtypes: Business Park, Executive Suites, Medical, Mixed Use, Office Building, OtherCompleted: 3/6/2017Size: 964 SFPrice: $95,000Cap Rate: Undisclosed
Due to changing business needs, my client needed to sublease this facility.
Completed Sale – Vacant Land in Moncks Corner, SCCompleted Sale – Vacant Land in Moncks Corner, SC2560 Old U.S. 52Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office,Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other Completed: 11/9/2016Size: 1 AcrePrice: $115,000Cap Rate: Undisclosed
Client wanted to sell this property and I exclusively marketed this property listing for the Seller.
Completed Lease – Office in Charleston, SCCompleted Lease – Office in Charleston, SC537 WAPPOO RD, Unit: 2Property Subtypes: Office Building, Other Completed: 10/13/2016Size: 1,078 SFPrice: $1,750 (Monthly)
Re-Lease of Second Floor Office Space that has provided an income stream for client set up since theacquisition of this property.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS
Completed Sale – Special Purpose in Mount Pleasant, SCCompleted Sale – Special Purpose in Mount Pleasant, SC3400 SALTERBECK ST, Unit: 123Property Subtypes: Other Completed: 8/4/2016Size: 720 SFPrice: $39,000Cap Rate: Undisclosed
Challenging process and regime amendments needed to sell this unfinished shell.
Completed Sale – Vacant Land in Charleston, SCCompleted Sale – Vacant Land in Charleston, SCSAVANNAH HWYProperty Subtypes: General, Office, Retail Completed: 4/23/2016Size: 19 AcresPrice: $2,272,500Cap Rate: Undisclosed
Seller Representation
Completed Lease – Shopping Center in Mount Pleasant, SCCompleted Lease – Shopping Center in Mount Pleasant, SC712 S SHELMORE BLVD, Unit: 101Property Subtypes: Neighborhood Center Completed: 4/8/2016Size: 725 SFPrice: $2,150 (Monthly)
David Seay, CCIM, BIC represented the Landlord in the leasing of both commercial and residentialspace.
Completed Lease – Office in Mount Pleasant, SCCompleted Lease – Office in Mount Pleasant, SC622 Johnnie Dodds Blvd, Unit: AProperty Subtypes: Business Park, High-Tech, Medical, Office Building Completed: 4/5/2016Size: 3,522 SFPrice: Undisclosed
5 Year Lease to Law Firm Expanding in the Area.
Prepared by David H Seay, The Brokerage, LLCOct 14, 2020 on SCCMLS