Redevelopment Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30704018 |
| Property Subtypes: |
Residential (Single Family)
|
| Gross Land Area: |
0.56 Acres
|
| Sale Price: |
$529,000 |
| Unit Price: |
$944,642 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/21/2021 |
Overview / Comments
|
Re-development opportunity in the heart of Mount Pleasant! Extremely convenient location bookended by Hobcaw Point, I'On, Braemore and Molasses Creek. This classic 1970's ranch has been modified from the original floor plan to allow for a larger open living room and eat-in kitchen as well as a 4th bedroom. Huge fenced back yard. This hidden gem has a strong rental history and is surrounded by very high end homes – ample opportunity to update the current home for rental income or flip. This huge lot with over 220' of frontage on Muirhead Rd may be eligible for subdivision to create 2 lots – check with the Town of Mount Pleasant for the possibility of subdividing. This is a rare opportunity that will not last!
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
42 - Mt.Pleasant South of IOP Connector |
| Tax ID/APN: |
5141200009 |
| Zoning: |
R-1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,494 |
48,409 |
105,663 |
| Median Age: |
41.76 |
38.77 |
37 |
| Households: |
5,014 |
21,109 |
44,341 |
|
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