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Prime commercial opportunity in the heart of Hanahan! This half-acre parcel on N Rhett Avenue offers excellent visibility and accessibility--just minutes from I-526, major retailers, and thriving residential communities. Zoned for commercial use, and for multifamily investments this property is ideal for a variety of potential developments such as office space, retail, service business, or mixed-use projects. A small creek runs through the center of the property, adding a touch of natural character while offering opportunities for thoughtful site design. The location benefits from strong traffic counts and proximity to established businesses, schools, and neighborhoods, making it a desirable investment for future growth in one of the Lowcountry's most dynamic markets. Utilities are available nearby (buyer to confirm with city and county). Conveniently situated near the intersection of N Rhett Avenue and Maverick Drive, this parcel offers quick access to North Charleston, Goose Creek, and the greater Charleston area. Don't miss this chance to secure a strategically located commercial lot in Hanahanperfect for your next development or land investment project.
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$125,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $100,000 | $100,000 | $100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $576 | $608 | $810 |
| Total Monthly Payment | $651 | $683 | $885 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.