Upper Cane Island, Beaufort, SC

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 29974655
Property Subtypes: Hospitality, Residential (Single Family), Vacation/Resort
Status: Pending/Contingent
Gross Land Area: 227 Acres
Sale Price: $13,500,000
Unit Price: $59,471 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/24/2018

Overview / Comments

CBRE is pleased to offer for sale Upper Cane Island, a 227-acre tract situated in the heart of the Southern coastal sea islands in the historic city of Beaufort, South Carolina. This property is zoned for a high-density planned unit development with a variety of residential and commercial opportunities, and is strategically connected to the City of Beaufort by Islands Causeway. Formerly a commercial daffodil farm, this pristine sea island inhabits Southern natural beauty and presents an exciting opportunity for development.

The property features thee miles of deepwater and marsh frontage and is adjacent to the prestigious Secession Golf Club. The current development agreement allows for 395 dwelling units and 185,000 SF commercial space. All utilities located along Islands Causeway.

Attachments & Media

Additional Details

Nearest MSA: Hilton Head Island-Bluffton-Beaufort
County: Beaufort
Taxing Authority: Beaufort County, SC
Tax ID/APN: R123 018 000 0076 0000
Zoning: PUD
Property Visibility: Excellent
Legal Description: Upper Cane Island
Part of Planned Development?: Yes
Development Name: Upper Cane Island
In Flood Plain?: Yes
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,778 14,823 34,137
Median Age: 44.48 35.07 36.99
Households: 689 4,975 12,691

Contact

Photograph of Listing Agent

B. Michael Carmody, Jr

CBRE, Inc SCCMLS Member
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