Permitted Lot Ready to be Built on Busy Clements Ferry Road

Vacant Land for Sale
Catylist Listing ID: 30257265
Property Subtypes: Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.19 Acres
Sale Price: $499,000 - 549,000
Unit Price: $419,327 - 461,344 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2018

Overview / Comments

Site is located in the Beresford Hall Commerce Park, along between Clements Ferry Road and Wambaw Creek Road. The property is currently zoned C3 (similar to Light Industrial), per the Harper Track P.U.D. (Planned Unit Development) zoning ordinance. Domestic water and sewer service provided by Charleston Water Systems. As per city of Charleston, this zoning code includes the following examples of uses: office, warehouse, restaurant, among others.

This proposed two story building is designed to have a total gross area of 11,469 SF, 5,633 SF on first floor, 5,553 SF on second floor, 283 SF on third floor (stair tower). First floor is designed to accommodate up to four units. Second floor is designed to accommodate six office units and a large open area.

The property is located in the Clements Ferry's Road Widening Phase 1. This project consists of widening Clements Ferry Road for approximately 4 miles from I-526 to Jack Primus Road. The improvements involve widening the two-lane roadway to a five-lane curb and gutter section, with a raised planted median and multi-use path along one side of the roadway.

Pricing:
- $549,000 with building permit drawing set.
- $499,000 without building permit drawing set.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 78 - Wando/Cainhoy Area
Tax ID/APN: 271-04-03-012
Zoning: LI - Light Industrial District
Property Visibility: Excellent
Part of Planned Development?: Yes

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,744 53,962
Median Age: 36.46 34.89
Households: 1,032 20,749

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