Auction Details

Auction

No

Auction Type

Absolute

Area and Location

Airports

14 MINUTE DRIVE TO CHARLESTON INTERNATIONAL AIRPORT

Highway Access

INTERSTATE 526

Property Located Between

RIVERS AVENUE AND WOODBINE AVENUE

Building Detail

X-Phase

3 PHASE POWER

Directions & Remarks

Directions

5515 RIVERS AVENUE FRONTAGE. NEAR INTERSECTION OF RIVERS AVENUE AND SABAL STREET. REAR OF PROPERTY IS WOODBINE AVENUE. SEE SURVEY.

Public Remarks

Imagine owning a strategic development site in one of North Charleston's most industrially capable corridors, just moments from I‑526 and I‑26. This property—comprised of a 2,400 SF existing building plus multiple adjacent parcels totaling ~1.61 acres—is already zoned M‑1 (Light Industrial) and poised for transformational upside. 1. Zoning Power & Flexibility The M‑1 (light industrial) zoning grants broad latitude for industrial, warehousing, logistics, and storage-based uses—the kinds of operations that generate revenue per square foot and remain relatively low risk from a site operations standpoint. Because the property also carries B‑2 / office‑warehouse compatibility, there's added flexibility for hybrid uses (office + light manufacturing or distribution) or attractive interim cash flow options. In many markets, self‑storage (especially climate‑controlled units, drive-up units, RV/boat storage) is considered a ''clean,'' low-maintenance asset class—i.e. a highly compatible use in industrial zones with minimal nuisance or heavy traffic impact. 2. Self‑Storage: Highest & Best Use Case Given its zoning, footprint, and frontage, the property is ideally suited for a self‑storage development. Self‑storage commands strong demand from residential renters, small businesses, and e‑commerce operators. It scales well (stacked units, multiple stories) and is capital-efficient relative to heavier industrial uses. The corridor location gives it visibility, access, and ease of use—key competitive advantages for a storage facility. Because self-storage is relatively passive (no heavy operational complexity, smaller staffing, limited waste streams), it often delivers attractive risk-adjusted returns. Should local codes or permitting require conditional use approval or design compliance (e.g. buffering, façade treatments), these are typically manageable relative to building a more intensive industrial use. (Always confirm with City zoning / planning.) 3. Strategic Location & Market Access Fronting Rivers Avenue, this site benefits from a major arterial route with high visibility and connectivity to the region's transportation network. Near I‑526 and I‑26 junctions means fast access to Charleston, North Charleston, Mt. Pleasant, Summerville, and key industrial nodes. Given scarcity of well-zoned industrial parcels in the greater Charleston metro, this site presents a rare entry into a constrained supply set. It's proximate to both consumer and business density: residential areas, light industrial districts, and commercial corridors converge, generating demand for convenient storage.

Property Sub Type

Industrial

Yes

Office

Yes

Retail

Yes

Existing Lease Type

Other

Yes

Roof

Aluminum

Yes

Current Use

Other

Yes

Special Listing Conditions

Real Estate Owned

Yes

Structure Type

Flex

Yes

Free Standing

Yes

Industrial

Yes

Mixed Use

Yes

Office

Yes

Retail

Yes

Construction Materials

Metal Siding

Yes

Parking Type

Surface

Yes

Heating

Central

Yes

Cooling

Central Air

Yes

Lighting

Fluorescent

Yes

LED

Yes

Lot Features

Level

Yes

Road Frontage Type

City Street

Yes

Highway

Yes

Interchange

Yes

Interstate

Yes

Road Surface Type

Gravel

Yes

Water Source

Public

Yes

Sewer

Public Sewer

Yes

Listing Terms

Cash

Yes

Lease Option

Yes

Property Features