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: 9/25/2020

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 34,992 97,564
Median Age: 35.58 35.53
Households: 12,893 35,743

Contact

Photograph of Listing Agent

Charles S Carmody

CBRE, Inc SCCMLS Member
Photograph of Listing Agent

B. Michael Carmody, Jr

CBRE, Inc SCCMLS Member
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