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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
Listing Office: RE/MAX Southern Shores
Last Updated: September - 19 - 2025
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