Vacant Land along Spruill Ave

Vacant Land for Sale
Catylist Listing ID: 30365096
Property Subtypes: Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 0.22 Acres
Sale Price: $110,000
Unit Price: $500,000 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Commercially zoned land along the high traffic Spruill Ave corridor. Two lots total, the front lot is zoned B-1, back lot is zoned R-1. 100 feet of road frontage along Spruill Ave with an annual average daily traffic volume of 11,300 vehicles (2017). Rapidly growing area with the new Hugh K. Leatherman Sr. container terminal and Ship Yard Creek (live, work, play) slated to be installed south of this location.

Potential to upgrade the zoning of the back lot based on surrounding business zoning. List agent is more than willing to walk the new buyer through the rezoning process. Priced aggressively, don’t miss out on this opportunity.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 31 - N.Charleston Area inside I-526
Tax ID/APN: 469-16-00-207, 469-16-00-208
Property Visibility: Excellent
Legal Description: Lot: L/24
Largest Nearby Street: Spruill Ave
Feet of Frontage: 100
Traffic/Vehicle Count: 11,300
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,049 39,719 140,742
Median Age: 36.63 36.23 34.33
Households: 1,921 16,103 57,260


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