Downtown Nexton Parcel 4
Vacant Land
for Sale
| Catylist Listing ID: |
30648112 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
5.51 Acres
|
| Sale Price: |
$4,275,000 |
| Unit Price: |
$775,862 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/15/2021 |
Overview / Comments
CBRE is pleased to represent Downtown Nexton, Nexton's premiere mixed use development. Downtown Nexton includes 98.89 acres on both Sigma Drive and Brighton Park Blvd in the heart of Nexton. Parcel 4 is 5.51 acres and is designated to be an age restricted (55+) multi-family four story residential development with 175 units and 260 on-site parking spaces. The price includes $425,000 that is a reimbursement to the seller for off-site storm water retention so that the site does not require on-site retention as well as the installation of the spine roads and on-site stubs for utilities to each site. Downtown Nexton includes retail, office, multi-family and hospitality sites.
For Office Uses, call Charlie Carmody
For Retail Uses, call Joseph Purze & Joyce Beach
For Multifamily and Hospitality Uses, call Michael Carmody
|
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Dorchester |
| Submarket/Township: |
74 - Jedburg Rd-Black Tom-Hwy.17a-Col.Pk. |
| Tax ID/APN: |
221-00-00-096 |
| Zoning: |
PD - Planned Development District |
| Part of Planned Development?: |
Yes |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
34,992 |
97,564 |
| Median Age: |
35.58 |
35.53 |
| Households: |
12,893 |
35,743 |
|
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