768 E Thomas St Land

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30378233
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 9.05 Acres
Sale Price: $650,000
Unit Price: $71,823 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2022

Overview / Comments

Excellent level parcel for multi-family or SF residential project with proximity to downtown Summerville, Hwy 78, and a short distance to I-26. Access to the City of North Charleston water/sewer. While the National Wetlands Inventory Database does not show any wetlands on the parcel, the buyer should verify it. The property was rezoned from the Town of Lincolnville zoning of "Conventional Neighborhood" to "Traditional Neighborhood" in 2019. "Traditional Neighborhood" has a minimum lot size of 5,000 SF.

The parcel also includes owner-occupied 3 BR, 2 Bath SF residence with approximately 1,416 SF. The structure was built in 1955.

There is a well on the property that is used for irrigation, and a septic tank that has not been in use for some time.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Tax ID/APN: 385-02-00-021
Zoning: OTHER
Property Visibility: Excellent
Legal Description: ALL that certain piece, parcel or lot of land, with the buildings and improvements thereon, situate, lying and being in Charleston County, State of South Carolina, known and designated as Residual and containing 9.052 acres as shown on a plat prepared by Paul C. Lawson, Jr., SC RLS, dated August 12, 2004, and entitled "SURVEY SHOWING THE SUBDIVISION OF TMS 385-02-00-021 (11.052 Ac) INTO TRACT AAND RESIDUAL, OWNED BY ROBERT A. & PATSY L. CHEVERIE, TRACT A ABOUT TO BE CONVEYED TO LaDONNA JOYNER, TOWN OF LINCOLNVILLE, CHARLESTON COUNTY, SOUTH CAROLINA", said plat recorded in Plat Book E521 at Page 409 in the RMC Office for Charleston County. County in Plat Cabinet J, Slide 28. Said parcel of land having such size, shape, dimensions, buttings and boundings as will more fully appear by reference to said plat.
Largest Nearby Street: E Owens
Lot Frontage: 828.75 Ft
Zoning Description: Town of Lincolnville Traditional Neighborhood supports multi-family, SF, with a minimum lot size of 5,000 SF. The current minimum lot width is 50'. To develop it with a smaller lot width will require either a zoning variance or PD zoning obtained through the Town planning process.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal, Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,706 59,098 131,303
Median Age: 34.46 35.34 34.66
Households: 2,773 22,042 48,392

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