Hard Corner Commercial Lot W/Traffic Light

Vacant Land for Sale
Catylist Listing ID: 30449673
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 1 Acre
Sale Price: $470,000
Unit Price: $470,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2019

Overview / Comments

This is an expanded version of Catylist Listing No. 30321043 whereby the 039 lot's angled side is squared up using part(s) of TMS 244-13-04-021. Doing so increases the front footage to about 280 LFT and the acreage to either .995 or .950. The price for the .995 scenario is $450 K.

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 mostly situated on either side of the diagonal side lot line of the 039 lot. Tree survey in hand.

The 021 lot from which the additional land is proposed to be taken is in the process of being redeveloped into an office park. The former church sanctuary building conversion to offices will be completed by mid July 2019 and the former church hall by mid to late fall of 2019.

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

Owing to the property no longer being a church property it is reasonable to believe that a user 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+part of 2441304021
Zoning: GC - General Commercial District
Property Located Between: Old Back River Road and Forest Lawn Avenue
Property Visibility: Excellent
Legal Description: All of TMS No.'s 244-13-06-039 , 038 , 037 and part, .254 acres, of TMS No 244-13--04-021
Largest Nearby Street: Red Bank Road
Feet of Frontage: 280
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: 280
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 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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