Catylist Listing ID: 30290848
Property Subtypes: Industrial
Gross Land Area: 49.50 Acres
Sale Price: $25,000 Per Acre
Total Price: $1,237,500
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/10/2022

Overview / Comments

The Rice Estate land parcels total 907.05 acres of mostly undeveloped land. The Rice Estate is located off Hwy 63, near exit 53 on I-95 in Walterboro. The property offers over 2 miles of interstate frontage and easy access to north and south-bound traffic via Hwy 63. The property is surrounded by new hotels, restaurants, and travel centers catering to I-95 travelers. It is zoned “Urban Development-2”, the zoning is Interstate Interchange Commercial District (IICD), allowing most industrial, retail, and office uses, but single-family residential is not permitted. All utilities are adjacent to the site.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Colleton
Submarket/Township: 82 - Colleton County
Tax ID/APN: 178-00-00-032
Zoning: URBAN DEVELOPMENT-2
Traffic/Vehicle Count: 38,000
Airports: Charleston International
Area Description: Bustling Interstate exit with tons of new accommodations and restaurants located in Walterboro, SC.
Zoning Description: The zoning district is intended to accommodate most of the projected growth in urban transition areas outside of municipalities. This district is intended to have most public facilities and infrastructure in support of urban development such as water, sewer, streets, and schools. Uses range from retail to warehousing & distribution. See brochure for detailed zoning description.
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,395 12,531
Median Age: 35.75 39.15
Households: 2,206 4,977
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