Ridgeville Industrial Site

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30780293
Property Subtypes: Industrial
Status: Pending/Contingent
Gross Land Area: 195.52 Acres
Sale Price: $33,000,000
Unit Price: $168,780 Per Acre
In Opportunity Zone? Yes
Sale Terms: Undisclosed, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 9/16/2022

Overview / Comments

National Land Realty is pleased to present this light industrial site, contiguous to an active rail line in Ridgeville, SC. The offering consists of a total of 195.52 acres zoned light industrial. The site is an ideal distribution site to be served by Norfolk Southern Railroad, with 1,400 linear feet of frontage to the rail line. The site is less than a mile from Highway 78 and 3 miles from Interstate 26. The new Walmart Distribution facility is located 2 miles from this site on Highway 78. Some initial entitlement work has been completed to include a wetlands study, utility study, and recent re-zoning. The Jurisdictional Determination letter is due from the Army Corps of Engineers in Q1-2022. Industrial land is in limited supply in the Greater Charleston area due to the rapid expansion of the Port of Charleston and resulting need for warehouse space.

Note: There was a 30 day Call for Offers on this listing that ended on April 18, 2022. Negotiations with prospective buyers have resulted in a ratified contract.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 63 - Summerville/Ridgeville Area
Tax ID/APN: 109-00-00-001, 109-00-00-002, 109-00-00-003, 109-00-00-141, 109-00-00-152
Zoning: LI - Light Industrial District
Property Visibility: Good
Legal Description: The offering consists of a total of 195.52 acres zoned light industrial. 109-00-00-001 109-00-00-002 109-00-00-003 109-00-00-141 109-00-00-152
Largest Nearby Street: Campbell Thicket Rd.
Highway Access: >1 mi - Highway 78 3 mi - Interstate 26
Rail Access: Yes
Airports: Charleston International Airport
Zoning Description: Commercial Light Industrial - CL1
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,760 12,107
Median Age: 37.5 35.94
Households: 873 3,705

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