South Island Market Parcel A-3

Vacant Land for Sale
Catylist Listing ID: 30380257
Property Subtypes: Industrial, Office, Retail, Self Storage, Other
Gross Land Area: 4.70 Acres
Sale Price: $199,500 Per Acre
Total Price: $937,650
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2021

Overview / Comments

4.7 Acres of a Planned Commercial Development: PD-22C South Island Market. Street access from River Road. Approximately 1000 feet from Betsy Kerrison Parkway and Bohicket Road. This is a residual tract A-3 that has been submitted to Charleston County for acceptance. Final plat subject to buyer's specification.

In June 2020, a one acre portion of tract A-3* was placed under contract to purchase with a shared cost of approved septic system.

In July 2019, an updated site plan (attached) was developed to show that the property can be subdivided for sale to three different office/warehouse applications*. These subdivisions comply with the approved South Island Market Commercial Planned Development.

Price per acre is for the entire parcel as one sale. If subdivided, sewer system, land planning, and storm water retention cost will be prorated.

Shared restrictions within the Planned Development include drainage, septic system and road access/parking.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 23 - Johns Island
Tax ID/APN: 215-00-00-008
Zoning: PD - Planned Development Zoning District
Part of Planned Development?: Yes
Development Name: South Island Market
Topography: Level
Easements: Other
Easements Description: Temporary Construction Easement. A 50ft cross pond connection easement and a new 25' sign easement.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,297 9,208
Median Age: 47.53 48.86
Households: 1,293 3,816


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