Rare Entitled Development Opportunity on James Island

Vacant Land for Sale
Catylist Listing ID: 30806317
Property Subtypes: Office, Retail, Other
Gross Land Area: 1.86 Acres
Sale Price: $789,500
Unit Price: $424,462 Per Acre
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 9/27/2022

Overview / Comments

Prime development opportunity located in the dense and developed suburb of James Island. 1.86 AC of vacant land with 535’ of frontage along Folly Rd. The property was recently rezoned to Limited Business. National retailers in the immediate area include: Walmart, Publix, Food Lion, Dollar Tree, Zaxby’s, Sonic, Walgreens, Starbucks, Chick-Fil-A and many others. Outstanding traffic counts (28,433 VPD), demographics, and excellent retail make the Folly Road corridor one of the area’s most highly sought after by national & regional users. Owner will consider a build-to-suit opportunity for the right terms.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 21 - James Island
Tax ID/APN: 337-08-00-119
Zoning: LB - Limited Business
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,782 28,197 88,623
Median Age: 37.09 38.36 35.81
Households: 2,010 12,288 37,932
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