Pierpont Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30009204
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Self Storage
Status: Pending/Contingent
Gross Land Area: 8.04 Acres
Sale Price: $1,900,000
Unit Price: $236,318 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

A rare assemblage of three lots totaling 8.04 acres on Ashley River Rd in the bustling Pierpont area of West Ashley. Includes Tax ID/APN 355-16-00-026 and 355-16-00-025. The rectangular-shaped parcel has 421 feet of street frontage and a depth of 830 feet. The southern portion of the tract is improved with a one-story office building containing 5,718 SF constructed in 1982. The GB zoning allows for a wide range of potential uses to include single and multi-family residential development. The adjoining one-acre vacant lot fronting Dogwood Road can be purchased for $350,000 which will give the 8.04-acre tract access to the signalized intersection of Ashley River Rd and Dogwood Road.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 12 - W.Ashley outside I-526 to Rantowles
Taxing Authority: City of Charleston
Tax ID/APN: 355-16-00-027
Zoning: GB - General Business
Property Located Between: Dogwood and Woodland Roads
Property Visibility: Excellent
Legal Description: Lots 9 & 10, Section 2, Pierpont S/D, Saint Andrews Parish
Largest Nearby Street: Dogwood Road
Feet of Frontage: 421
Traffic/Vehicle Count: 20,700
Highway Access: SC Highway 61
Site Description: Level - partly cleared and mostly heavily wooded
Area Description: Bustling Pierpont area of West Ashley improved with a multitude of both commercial and residential developments
Lot Frontage: 421
Lot Depth: 830 feet
Zoning Description: General Business in the City of Charleston
Topography: Level
Easements: Utilities
Easements Description: A Charleston Waterworks drainage easement runs the length of the tract near its center. The easement is 20 feet wide starting on Ashley River Road for a distance of 300 feet then widens to 45 feet for a distance of 530 feet.
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,917 68,487 124,147
Median Age: 35.62 36.4 36
Households: 4,911 29,073 52,247

Contact

Photograph of Listing Agent

B. Michael Carmody, Jr

CBRE, Inc SCCMLS Member
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