2063 N Main St

Description:

Corner 2.8-acre commercial parcel on N Main Street between Nexton and Carnes Crossroads with 42,000 AADT and full utilities already on site.

• 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 access

points.

• Value buy located between Nexton and Carnes

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.

---

Report Listing This listing was syndicated through:

Listing ID: 1557340c-2f6e-4ee1-9934-218cb5532af5

Documents: