Development Opportunity in Carolina Park - Parcel CPI-3a

Vacant Land for Sale
Catylist Listing ID: 30250950
Property Subtypes: Industrial, Office, Other
Gross Land Area: 45.35 Acres
Sale Price: $200,000 Per Acre
Total Price: $9,070,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/3/2018

Overview / Comments

Parcel CPI-3a is a 45.35-acre lot located off of Faison Road. Willing to sub-divide for a minimum of 10 acres. Property is situated within Carolina Park, Mt. Pleasant's premier master-planned community which includes 1,500 single-family home entitlements, 2 multi-family communities, and a comprehensive senior living facility with 130 units. This 1,700-acre neighborhood district features a full-service hospital, elementary school, two high schools, fire/police station, state-of-the-art library, veterinarian practice, and several churches. Retailers currently under development include Costco and CVS.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 41 - Mt.Pleasant North of IOP Connector
Tax ID/APN: 5400000035
Zoning: PD - Planned Development Zoning District
Area Description: The Town of Mount Pleasant is an affluent South Carolina coastal community which is part of the 745,000-person Charleston, SC Metropolitan Statistical Area. The town is one of the fastest-growing municipalities in the Southeast and the state’s fourth-largest municipality. Known for its high quality of life, people flock to this charming suburban town for its proximity to area beaches, outdoor activities, shopping and dining amenities, and laid-back atmosphere. Additionally, this dynamic community has proven to be an outstanding location for business, offering a highly desirable lifestyle to attract and retain key employees, while providing an available “highly skilled” regional workforce.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,429 21,899 42,023
Median Age: 33.99 38.88 38.93
Households: 1,940 7,946 16,066

Contact

Photograph of Listing Agent

Trey E Lucy, III

Belk / Lucy SCCMLS Member
Photograph of Listing Agent

Blair A Belk

Belk / Lucy SCCMLS Member
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