Summerville, SC
Commercial Real Estate Market Trends & Data

$621 Avg asking sale price
$5,561 Avg asking lease rate
39,228 SF Avg unit lease size
14,049 SF Avg building size for sale
5.35% Average cap rate

Summerville's Demographic Profile

Summerville has 20,200 households and a median income of $68,803, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 51,815
# Households 20,200
Median age 40
Median household income $68,803
Avg household size 3.0
Renter-occupied housing units 6,500
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Summerville, SC

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Goose Creek $388 11,716 SF 6.70%
Moncks Corner $328 17,346 SF 7.61%
Nearby Retail Markets Avg Cost/SF Typical Size
Summerville $1,451 7,182 SF
Ladson $1,733 6,704 SF
Goose Creek $284 6,205 SF
Moncks Corner $741 5,313 SF
North Charleston $685 10,807 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
North Charleston $820 21,250 SF 6.35%
Hanahan $1,000 1,500 SF 6.00%
Charleston $794 20,784 SF 6.35%

Commercial Properties For Sale in Summerville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

The Marketplace at Carnes Crossroad Outparcel

Summerville, SC 29486

  • 1.23 AC Lot
  • 1 Commercial Lot
  • $1,450,000
For Sale

1516 Old Trolley Rd

Summerville, SC 29485

  • 16,180 SF Office Building
  • $4,100,000
For Sale

121-141 Hemphill Ct

Summerville, SC 29483

  • 29,240 SF Flex Building
  • $5,500,000
For Sale

Northeast Village - 4 Commercial Parcels

Summerville, SC 29486

  • 3.23 - 6.66 AC Lots
  • 4 Commercial Lots
  • $1,938,000 - $10,276,500
For Sale

Starbucks & Heartland Dental | Charleston MSA

Summerville, SC 29483

  • 6,621 SF Retail Building
  • 5.75% Cap Rate
  • $5,736,000
For Sale

1866 Jedburg Road

Summerville, SC 29486

  • 4.59 AC Lot
  • 1 Commercial Lot
  • $2,095,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Land Loan Calculator
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Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.
Multifamily Financing Options & Rates
Multifamily Financing Options & Rates
A comprehensive overview of multifamily loan programs, current market rates, and essential requirements for successful financing in today's market
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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Summerville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Summerville $621 14,049 SF
Lincolnville $893 1,450 SF
Ladson $1,116 18,345 SF
Ridgeville $183 152,880 SF
Goose Creek $359 37,632 SF

Regional Demographic Comparison

This comparison places Summerville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Summerville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Summerville 51,815 20,200 40 $68,803 3 6,500 7%
Lincolnville 1,195 477 39 $56,901 3 128 4%
Ladson 17,281 6,030 37 $69,466 3 1,607 15%
Ridgeville 662 221 43 $40,100 3 48 10%
Goose Creek 50,646 18,026 35 $83,833 3 5,822 15%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Summerville, SC and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Summerville

View All Commercial Real Estate For Sale in Summerville
Is Summerville a good market for a first-time commercial real estate investor?

Summerville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Summerville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Summerville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Summerville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Summerville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Summerville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Summerville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Summerville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Summerville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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