Cane Slash Road Parcel Rezoned as Limited Commercial

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30721226
Property Subtypes: Agricultural, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Status: Pending
Gross Land Area: 9.84 Acres
Sale Price: $900,000
Unit Price: $91,463 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2021

Overview / Comments

Attention Investors/Developers, this parcel is part of the Johns Island Maybank Hwy Corridor Overlay Zoning District & zoned as Limited Commercial (LC) which is intended for lower intensity commercial development & lower density residential uses. This district should serve as a transition from the more intense mixed-use node & provide convenient goods & services to the surrounding neighborhoods. The range of comparison goods & services offered should be varied & include specialty retail stores, restaurants, & neighborhood-serving offices. Residential development most appropriate for this district includes small-lot single-family detached & attached dwellings such as duplexes, triplexes, and fourplexes. Tax incentives are available for specific future developments. There are also City plans to develop a 26-acre public park on an adjacent parcel as part of the greenbelt program.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 23 - Johns Island
Taxing Authority: Charleston County
Tax ID/APN: 310-00-00-573
Zoning: LB - Limited Business
Property Located Between: Was part of a larger parcel located at 3091 Maybank Highway but with frontage at Cane Slash Rd
Legal Description: LOT Y-3
Largest Nearby Street: Cane Slash Road at Zelasko Drive
Feet of Frontage: 533
Traffic/Vehicle Count: 17,000
Highway Access: SC-700W/Maybank Highway; SC State Rd S-10-91/River Road; SC State Rd S-10-20/Main Road/Bohicket Rd; SC State Rd S-10-54/Chisolm Rd; SC State Rd S-10-1442/Brownsville Rd;
Airports: Johns Island Airport, 4.9 miles; Charleston International Airport, 19.7 miles
Site Description: There is a recent survey in the documents.
Area Description: The Charleston-North Charleston metropolitan statistical area (MSA) also known as the Trident Region consists of Charleston, Berkeley, and Dorchester Counties and the Cities of Charleston and North Charleston. It is located in the central coastal region of South Carolina. The region contains a total of 3,163 square miles with about 90 miles of Atlantic Coastline and stretches roughly 50 miles inland. The region is currently growing and projected to grow continually in the coming years. Charleston MSA has taken advantage of its prime location, building a world-class port that has attracted international businesses from a variety of sectors. Competitive tax incentives and credits combined with the covetable quality of life in the low country make Charleston a desirable place to live, work, and play.
Lot Frontage: 533 Feet
Lot Depth: 864 Feet
Zoning Description: The LC District includes JO-MHC-O Overlay Zoning District properties outside of the mixed-use nodes as shown on the map titled “Johns Island Maybank Highway Corridor Overlay Zoning District.” Existing uses in this district are primarily a mixture of light commercial and vacant and undeveloped properties surrounded by established residential development. The LC District is intended for lower intensity commercial development and lower density residential uses than those allowed in the MU District. This district should serve as a transition from the more intense mixed-use node and provide convenient goods and services to the surrounding neighborhoods as well as limited comparison shopping goods for a wider market. The range of comparison goods and services offered should be varied and include specialty retail stores, restaurants, and neighborhood-serving offices. Residential development most appropriate for this district includes small lot single-family dwellings and single-family attached dwellings, such as duplexes and townhouses, and triplexes and fourplexes/quadplexes.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,370 9,520 35,215
Median Age: 38.4 36.18 39.17
Households: 893 3,721 15,323
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