MULTI-FAMILY SITE

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30209488
Property Subtypes: Multi-Family
Building Status: Proposed
Gross Land Area: 29.83 Acres
Sale Price: $5,050,000
Unit Price: $169,292 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/30/2020

Overview / Comments

Due Diligence Package has been updated to include JD Letter, Phase 1 and 2 Environmental, Geotechnical Engineering, Surveys, Title Clearing, Traffic Study, Tree Topography, Soil Reports, Storm water, Grid maps, As Builts, Wetland Delineation, BZA approval on building height to increase to 55'.

Water and Sewer available at site. R5 zoning in Berkeley County allows for 10 units per acre. Total Acres 29.83. updated plat indicates 24.47 AC upland and 5.36 Acres lowland, 1.40 Acres General Commercial excluded from sale and will be subdivided at closing. (see aerial). Total Property fronts College Park Road and only .02 miles away from Interstate 26 College Park Exit ramp. Location and property is prime for a master planned multifamily development approximately .09 miles from Crowfield Plantation Community conveniences. See some New Due Diligence attachments. Full Due Diligence Package released upon a signed NDA and acceptable offer.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 74 - Jedburg Rd-Black Tom-Hwy.17a-Col.Pk.
Taxing Authority: Moncks Corner
Tax ID/APN: 242-00-01-090
Zoning: OTHER
Property Located Between: Gleason Drive and College Park Road
Property Visibility: Excellent
Legal Description: Multifamily Zoning R5
Zoning Description: R5 and GC
Easements: Electric Lines
Easements Description: Power lines along front property
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,058 63,453 151,070
Median Age: 36.62 33.46 33.11
Households: 3,018 23,034 56,274
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.