1.812 acres on Maybank

Vacant Land for Sale
Catylist Listing ID: 30380737
Property Subtypes: Agricultural, Hospitality, Multi-Family, Office, Residential (Single Family), Other
Gross Land Area: 1.81 Acres
Sale Price: $149,000
Unit Price: $82,320 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/16/2019

Overview / Comments

Beautiful property in a great location with 0.96 acre highland (recently forestry mulched) and 0.852 acre of wetlands in one self-contained pocket. Lot drains directly into the wetlands and into a 50' County drainage easement. High X-zone lot with excellent drainage. Sewer line runs directly through the 25' driveway in a CWS easement adjacent and parallel to Maybank Hwy. This lot is currently part of a 4.485 acre tract available for purchase. Preliminary plat of subdivision for this 1.81 acre lot would be submitted to Planning for approval and recording after contract ratification. Property's base (or controlling) zoning is currently R-4, and it is also subject to the Maybank Highway Corridor - Overlay District regulations. The MHC-OD comprises all of the land on both sides of the highway at varying depths. Its scope is currently being updated in a joint effort between Charleston County Planning and the City of Charleston Planning departments. Preliminary plans show this property being eligible for something similar to County's Commercial Transitional zoning after plan adoption by Council. Some of the currently allowed uses (some by right, some conditionally and some as a special exception) include Single Family detached or attached, Affordable Dwelling Units, Duplexes, Commercial Nursery Operations, Crop Production, Private Stables, Congregate Living for the Elderly (up to 15 residents), Child Caring Institution or Child Caring Residential Home (up to 20 children), Retirement Housing (up to 10 residents), Short Term Rentals, Adult or Child Day Care, Crematories, Preschools, Primary or Secondary Schools, Convalescent Services including Nursing Homes, Community Recreation Centers, Catering, Hair, Nail or Skin Care Services including Barber Shops and Beauty Salons, and Social or Civic Organizations. While all information herein is deemed to come from reliable sources, the buyer should confirm everything of importance with the appropriate parties. Multiple docs available. O/A.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 23 - Johns Island
Tax ID/APN: 3130000198
Zoning: OTHER
Property Located Between: Hickory Knoll Way (Barberry Woods) and Wildst Battery Blvd (Shade Tree Apts)
Property Visibility: Good
Legal Description: Tract A-2: a portion of 313-00-00-198 that is to be subdivided.
Site Description: Great location less than 1/2 a mile from River and Maybank intersection. Substantial building pad exists south of the wetlands. 0.053 wetland acres were permitted to fill for drive construction, leaving 0.447 acres available to fill for residential use per the COE permit referenced on the preliminary plat to subdivide.
Area Description: Lots of new commercial and residential activity happening on Maybank. Inside the MHC-OD. County Planning is updating this Overlay District into something similar to Commercial Transitional, which would require Council approval to codify.
Topography: Gently Sloping
Easements: Utilities, Other
Easements Description: Drainage, sewer, any other of record (don't know of any except drainage & sewer)

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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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