Grescon Development LLC

3.7★★★★☆(3 reviews)

263 Treeland Dr H, Ladson, SC 29456

Ladson, South Carolina, United States

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Business facts

Estimated annual revenue~$2.7M
Estimated employees~4
Annual payroll (2020)~$331.3K
In business since1995
Based on reported payroll data

Contacts

Area statistics (29456)

Population35,871
Median household income$74,074
Source: US Census ACS

About

Grescon Development LLC is located in Ladson, South Carolina, and was founded in 1995. At this location, Grescon Development LLC employs approximately 20 people. This business is working in the following industry: Commercial real estate. Annual sales for Grescon Development LLC are around $870.0K.

Wheelchair Accessible
Parking, Yes
Categories: Commercial real estate, Property Management Company.
ISIC Codes: 6820.

Market analysis

Earning above its category median in a stable category (Commercial real estate).

EstimateCategory trend: 2024, +1.9%

Revenue trend (modeled)

~$2.0M2019
~$2.2M2020
~$2.4M2021
~$2.4M2022
~$2.5M2023
~$2.7M2024
Modeled from official industry statistics+6.3%/yr since 201980% confidence band: ±42%

Company profile

Legal formCorporation
Incorporated2011 (SC)
Observed

Property

Lot size7.50 acres
CountyBerkeley
Parcel ownerTREELAND BUSINESS PARK LLC
Last sale$10.0 (1194566400000)
On this lotshared with 42 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$69.0K · 10 jobs reported · implies ~$331.3K annual payroll · $69.6K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Commercial real estate in South Carolina475~$401.2M~$848.2K~$451.8K4.8★5.9×
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure171 chains expanding in this category, led by Baytree IX, Ray Stoudemire, Victor Lester (+966 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)42~$60.3M~$1.4M~$423.0K120~$12.4M6.3×
Real estate activities14~$11.7M~$832.5K33

1 km area (all businesses): median from the 38 of 42 businesses with estimates

Estimate

Area conditions (29456)

Population35,871 ±2,102
Median household income$74,074 ±$6,438
Median home value$228,000
Bachelor's degree or higher0.2%
Unemployment rate0.1%
Source: US Census ACS
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