$1,800,000
$1,700,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
218,235 SqFt
SOLD DATE : 09/28/2021
Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 218,235 sqft
Price per Sqft $8
MLS Listing ID 30721224
Sold Date 09/28/21
Lot Size 5.010 Acres
Acres 5.01
Property Sub-Type Unimproved Land
Property Description
Attention Investors/Developers, this parcel is part of the Johns Island Maybank Hwy Corridor Overlay Zoning District. It is zoned as Mixed-Use (MU) & has 196 ft of Maybank Hwy frontage. This includes both high & medium intensity commercial & residential uses such as shopping centers, restaurants, pharmacies, multi-family (duplex, triplex, fourplex) single-family attached/detached homes, small retail & professional offices. Mixed-use buildings w/ retail and/or services on the ground floor & residential units above would be ideal to shorten trips & facilitate alternative modes of transportation such as walking, biking, & public transportation. Utility companies are able and willing to provide services to this parcel. Some tax incentives are available for specific future developments. This parcel is across from Live Oak Square where future residents and employees could access new restaurants, shops & more. There are also City plans to develop a 26-acre public park on an adjacent parcel as part of the greenbelt program.
Location
State SC
County Charleston
Exterior
Utilities Available Cable Available, Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Storm Drain, Water Available
Building
Sewer None
Water None
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Daniel Ravenel Sotheby's International Realty