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00 Glenn McConnell Pky
Charleston, SC 29414
Land For Sale
·
33.00 AC


EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 33.00 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 33.00 AC |
1 LOT AVAILABLE
Lot
| Price | $7,700,000 | Lot Size | 33.00 AC |
| Price Per AC | $233,333.33 |
| Price | $7,700,000 |
| Price Per AC | $233,333.33 |
| Lot Size | 33.00 AC |
This tract is entitled to 240 units classified as Active Adult Multi-Family in the City of Charleston.
DESCRIPTION
his tract is entitled to 240 units classified as Active Adult Multi-Family in the City of Charleston. Up to 55 of those units can be used as row/town/patio attached homes or all units can be stacked. There is also a 4.37+ acre commercial tract with a maximum 16,000 SF space available. The development also includes a 52+ acre permanent green space. The green space will include bike and pedestrian paths that will connect to West Ashley Park. The Bees Ferry/Glenn McConnell corridor will serve the many current and future residents in the area. There are 94,000+ residents in the 5-mile radius, with multiple large communities just beginning to take shape in the immediate market. Glenn McConnell Parkway has recently undergone a widening project to accommodate the growing residents. This corridor carries traffic to Interstate 526 and to Bees Ferry Road. The site is 2.5 Miles to Bon Secours - Roper St. Francis Hospital. Other retailers in the area include Wal-Mart, Harris Teeter, Starbucks, Zaxby’s, Sonic, Sherwin Williams, Doctors Care, Roper St. Francis Urgent Care, and many others.
