SENIOR LIVING SITE

Vacant Land for Sale
Catylist Listing ID: 30586299
Property Subtypes: Multi-Family, Other
Gross Land Area: 9.74 Acres
Sale Price: $2,300,000
Unit Price: $236,139 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

This parcel is located within a fully-approved Planned Development that allows up to 150 units restricted to 55+ year old residents. Product type can be any mix of Independent, Assisted and Memory Care elements. All wetland fill permits are in hand and much of teh site has already been cleared. A recent feasibility study shows that the demand for these services at this location are off the charts. This site is located at the entrance to the Whitehall Community and across the street from Coosaw Creek Country Club.
The lighted intersection also provides superb visibility and access.
Much of the heavy lifting for entitlements and engineering are completed. The front portion of this PDD includes commercial uses with limitations, namely - no gas stations or fast food restaurants.
See attached flyer for more details.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 61 - N.Chas/Summerville/Ladson Area
Taxing Authority: City of North Charleston
Tax ID/APN: 171-00-00-071
Zoning: PD - Planned Development District
Property Visibility: Excellent
Traffic/Vehicle Count: 37,000
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,186 46,892 119,619
Median Age: 37.34 32.68 33.21
Households: 783 17,785 45,854
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