0 Ashley Phosphate Road, North Charleston, SC 29420
$950,000
Property Type:
Commercial Sale
Square Footage:
15,000
Status:
Active Contingent
Current Price:
$950,000
List Date:
9/20/2024
Last Modified:
9/19/2025
Description
+/- 2.245 acre site zoned M-1 Light Industrial in the City of North Charleston, in Ladson Overlay District. At the lighted intersection of Ashley Phosphate Rd and Palmetto Commerce Pkwy (site does not include 2992 Ashley Phosphate). Property is almost fully entitled, with only a few items outstanding depending on purchaser's final/intended use. Currently proposed on the site is 15,000 SF of retail/flex space in two buildings with ample parking and curb cuts on Ashley Phosphate Rd and Palmetto Commerce Pkwy. The site sits just over half a mile to I-26 via exit 209. Palmetto Commerce Parkway Phase 3 (PCP3) is currently underway, and will provide the last segment in a new connector parkway from Ladson Road to Aviation Avenue near I-26 and Joint Base Charleston, with estimated completion in 2028, as well as a new interchange coming to Weber Blvd/Palmetto Commerce Parkway with anticipated completion in 2026. Engineering plans, along with permits and other due diligence materials available upon request.
As of the publishing of this listing, below is the current STATUS of ENTITLEMENTS:
CWS is awaiting the DRP submittal to review before SCDHEC can review for the permit to construct the water main.
Planning is waiting on CWS approval and Tree mitigation payment.
Public works awaiting CWS and Planning approval.
SCDOT Final approval awaiting SCDHEC approval, awaiting Planning/public works approvals.
Most items are at the finish line and owner has held off submitting the DRP package to CWS and tree mitigation to planning
More Information MLS# 31004524
Contract Information
Original List Price: 950000
Listing Contract Date: 2024-09-20
List Price: $950,000
Current Price: $950,000
Location
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 32 - N.Charleston, Summerville, Ladson, Outside I-526
Parcel Number: 395-16-00-001
Opportunity Zone: No
Street Name: Ashley Phosphate
Street Suffix: Road
County: Charleston
State or Province: SC
Postal Code: 29420
General Information
Property Sub Type: Industrial
Secondary Sub-Type: Retail
Tertiary Sub-Type: Unimproved Land
Listing Name: Entitled Vacant Land - Zoned M-1 Light Industrial in City of North Charleston
Is Condo?: No
Property Condition: Proposed
Lot Acres: 2.245
Zoning: City of North Charleston - M-1 - Light Industrial District
List Price/Acre: 422222.22
List Price/SqFt: 63.33
For Comp Purposes Only: No
Opt In to Crexi?: Yes
Status: Active Contingent
Building Area Total: 15000
Land Related
Part of Planned Development?: No
Frontage Length: +/- 580'
In Flood Plain?: No
Directions & Remarks
Directions: Take Exit 209 (Ashley Phosphate from I-26) towards Palmetto Commerce Parkway. Site is vacant land at the corner of Ashley Phosphate and Palmetto Commerce Parkway. 2992 Ashley Phosphate IS NOT part of the sale.
Public Remarks: +/- 2.245 acre site zoned M-1 Light Industrial in the City of North Charleston, in Ladson Overlay District. At the lighted intersection of Ashley Phosphate Rd and Palmetto Commerce Pkwy (site does not include 2992 Ashley Phosphate). Property is almost fully entitled, with only a few items outstanding depending on purchaser's final/intended use. Currently proposed on the site is 15,000 SF of retail/flex space in two buildings with ample parking and curb cuts on Ashley Phosphate Rd and Palmetto Commerce Pkwy. The site sits just over half a mile to I-26 via exit 209. Palmetto Commerce Parkway Phase 3 (PCP3) is currently underway, and will provide the last segment in a new connector parkway from Ladson Road to Aviation Avenue near I-26 and Joint Base Charleston, with estimated completion in 2028, as well as a new interchange coming to Weber Blvd/Palmetto Commerce Parkway with anticipated completion in 2026. Engineering plans, along with permits and other due diligence materials available upon request.
As of the publishing of this listing, below is the current STATUS of ENTITLEMENTS:
CWS is awaiting the DRP submittal to review before SCDHEC can review for the permit to construct the water main.
Planning is waiting on CWS approval and Tree mitigation payment.
Public works awaiting CWS and Planning approval.
SCDOT Final approval awaiting SCDHEC approval, awaiting Planning/public works approvals.
Most items are at the finish line and owner has held off submitting the DRP package to CWS and tree mitigation to planning
Status Change Info
Contingency Reason: Due Diligence
Status Change Date: 2025-09-18
Under Contract Date: 2025-09-18
Contingent: Active Contingent
Property Sub Type
Industrial: 1
Retail: 1
Unimproved Land: 1
Auction Details
Auction: No
Current Use
Automotive: 1
Business: 1
Commercial: 1
Distribution: 1
Flex Space: 1
Industrial: 1
Investment: 1
Mini-Storage: 1
Self Storage: 1
Showroom: 1
Unimproved: 1
Warehouse: 1
Area and Location
Highway Access: I-26 exit 209
Property Located Between: Palmetto Commerce Pkwy & I-26
Parking Type
Surface: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Property Features
Property Sub Type: Industrial; Retail; Unimproved Land
Current Use: Automotive; Business; Commercial; Distribution; Flex Space; Industrial; Investment; Mini-Storage; Self Storage; Showroom; Unimproved; Warehouse
Parking Type: Surface
Water Source: Public
Sewer: Public Sewer
Documents
Listing Office:
RE/MAX Southern Shores
Last Updated: September - 19 - 2025
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