2919 Maybank Highway Development Opportunity

Vacant Land for Sale
Also listed as Special Purpose
Catylist Listing ID: 30274740
Property Subtypes: Residential (Single Family)
Gross Land Area: 4.49 Acres
Sale Price: $400,000
Unit Price: $89,086 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/25/2018

Overview / Comments

Up to 10 lots maximum allowed as a Minor Development in Charleston County. "2919 Maybank" is a new address - probably won't show up in GPS for a while (use adjacent tract "2913 Maybank"in GIS). Two private, unshared access points: 25' fee simple Maybank Hwy access across from Barberry Woods and 25' fee simple access via Grover Dr. One-time subdivision into 2 lots allowed by submitting a survey to CC Planning for approval. Currently on septic with public water availability letter for 2nd lot in-hand; updated sewer letter requested from CWS. Inside MHC-OD. Base zoning and Future Land Use are both R-4 SFD up to 4 units/acre. Would also be ideal for a nursery & landscape business, but that will require a PD or amendment to ZLDR. The City of Charleston and County are working on a new zoning code for Maybank Hwy - possibly more "by right" commercial opportunities will be available in the near future. While all information herein is deemed to come from reliable sources, neither the property owners nor any real estate agents or brokers associated with any transaction of this property can guarantee its accuracy; the buyer should confirm everything of importance to determine the suitability of this property for buyer's intended use. Listing agent is co-owner.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 23 - Johns Island
Taxing Authority: Charleston County
Tax ID/APN: 3130000198
Zoning: R-4 - Single Family Residential 4 District
Property Located Between: Hickory Knoll Way (Barberry Woods) and Wildts Battery Blvd (Shade Tree Apts)
Property Visibility: Good
Largest Nearby Street: Maybank
Feet of Frontage: 25
Highway Access: Deeded fee simple via two paved, public State Roads
Site Description: Nice 4.485 acres with 3.581 acres hi and 0.904 acre in one pocket of wetlands where existing drainage easement is located near Maybank. New Maybank drive completed - all required permits were obtained to fill 0.053 acres & to construct drive. This X-zone (non-flood hazard) property has excellent existing drainage.
Area Description: Inside Maybank Highway Corridor Overlay District; Charleston County R-4 Base & Future Land Use Zoning
Zoning Description: R-4 single family detached residential up to 4 lots per acre. Minimum lot size is 7,250 SF with both public water and sewer.
Easements: Electric Lines, Utilities, Other
Easements Description: Any of record
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,341 68,172
Median Age: 39.31 36.12
Households: 7,163 29,851


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