Four Acres of Highground For Sale

Vacant Land for Sale
Catylist Listing ID: 30736591
Property Subtypes: Office, Retail
Gross Land Area: 4.32 Acres
Sale Price: $1,100,000
Unit Price: $254,629 Per Acre
In Opportunity Zone? Yes
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/20/2022

Overview / Comments

Directly across from the Walmart Supercenter on Highway 52, approximately 4.32 acres of highground is available of which approximately two acres has already been cleared. This parcel is high profile with significant frontage and great visibility from both Highway 52 and on the frontage road (Dock Road) heading to the canal. The parcel sits adjacent to the Sunoco Gas Station with shared access to Food Lion and the Family Dollar Store. The total parcel is approximately 4.32 acres of upland with a wetland verification letter from Newkirk Environmental Engineering attached. Traffic count is approximately 31,000 vehicles per day on Highway 52. The property sets up nicely for fast food, retail, hotel, and/or office development Zoned C-2 in the Town of Moncks Corner. Across the highway, there is a Chick fil A, Wendy's, Zaxby's, and Arby's. The parcel is legally identified as part of Tract E (Lots 1 & 6) of the Jones Property previously owned by Santee Cooper. The property is subject to the South Carolina Public Service Authority covenants and restrictions. There is a small square carve out of land in the front near Dock Road that is owned by the Moncks Corner Public Works Commission. The other commercial property in front of Food Lion sold for $500,000 per useable acre in 2019.

Directions: Travel north of Highway 52 into Moncks Corner. Turn right on Highway 17A. Parcel is immediately on the right hand side on Dock Road.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 76 - Moncks Corner/Pinopolis Area
Tax ID/APN: 123-00-01-053
Zoning: OTHER

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,484 18,087
Median Age: 36.98 37.42
Households: 3,522 6,701
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