N. Charleston CARTA Site Sold


cartaAvison Young commercial real estate has announced that Alan Bolduc, CCIM, SIOR, Christopher B. Fraser, CCIM and Todd P. Garrett, CCIM, SIOR represented the seller, The Charleston Area Regional Transport Authority in the sale of approximately 36 acres of land located at 4894 Dorchester Road in North Charleston, South Carolina to Rushmark Properties, LLC for $6,500,000. The asking price was $7,590,000.

According to Showcase.com, the property carries three different zoning classifications; CRD (commercial re-development), B-2 (business) and M-1 (light industrial). Today the site has had extensive work completed in the way of infrastructure, water, sewer and other. It also has a number of tenants providing some income, to include several industrial bldg users as well as 2 billboards and 1 cell tower.

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