Hard Corner Commercial Lot W/Traffic Light

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30449673
Property Subtypes: Hospitality, Office, Retail
Status: Pending/Contingent
Gross Land Area: 1 Acre
Sale Price: $500,000
Unit Price: $500,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2020

Overview / Comments

This is a combination of 3 existing lots fronting Red Bank Road starting at its intersection with Forest Lawn Ave. and heading toward Old Back River Road to include TMS # 244-13-06-037/038/039 for a total of approximately .999 acres, that's right close to a full acre, with approximately 283 Ft. of frontage on Red Bank Road.

There is an traffic light at the corner of Red Bank Road and Forest Lawn Avenue and an existing curb cut shared by the 038 & 039 lots. Public utilities are available.

The majority of the land is cleared and sodded. There is a small copse of woods on the 039 lot. Tree survey in hand.

This parcel is located in the City of Goose Creek's "Super Incentive Zone."

We sold the adjacent former church property in January 2020. It has been redeveloped as an office park. It no longer being a church property it is reasonable to believe that the buyer of the lots would be able to obtain a license allowing for the sale of alcohol containing beverages.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 72 - G.Creek/M.Corner Hwy.52-Cooper Riv
Taxing Authority: City of Goose creek
Tax ID/APN: 2441306039 & 038 & 037
Zoning: GC - General Commercial District
Property Located Between: Old Back River Road and Forest Lawn Avenue
Property Visibility: Excellent
Legal Description: TMS No.'s 244-13-06-039 , 038 , 037
Largest Nearby Street: Red Bank Road
Feet of Frontage: 283
Traffic/Vehicle Count: 25,000
Highway Access: Traffic Light controlled intersection at corner of Forest Land Avenue and Red Bank Road and curb cut at Red Bank Road shared by the 038 & 039 lots.
Airports: Charleston International
Site Description: Mostly cleared with sodded lawn in cleared areas. Slight slope from rear to front.
Area Description: Highway commercial. Rebounding area experiencing significant commercial development and redevelopment.In close proximity to elementary and high schools and national brand retailers.
Lot Frontage: 283
Lot Depth: 150
Zoning Description: General Commercial by City of Goose Creek. That zoning and the most likely development uses are compatible.
Topography: Gently Sloping
Easements: Utilities
Easements Description: There is a 16' sewer easement, 10' of which are on the lots, that runs along the back property line. There is no known electric utility easement but possible underground electric service.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,380 70,124 126,056
Median Age: 35.04 33.27 32.21
Households: 3,012 26,539 46,164


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