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: 9/15/2020

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 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. Designated an “All-American City” in 2018, the town is South Carolina’s fourth largest municipality. A leader in growth, this flourishing community was recently ranked number one fastest-growing city in the state and number two fast-growing city in the country. 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.

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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


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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