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Investment Highlights

  • Level for grading
  • Open to zoning modifications
  • utility access on-site

Executive Summary

According to a future land use map of Greenwood (attached), the county is expecting this parcel to be a medium density residential area (R3 or R4). We are thinking that we could annex the property into the City of Greenwood in order to rezone to R-7 and utilize a cluster option which would allow for the product you are looking for to maximize the site. See below for R-7 and cluster requirements:R-7:
Minimum 6,000 sf lots
Minimum 50’ lot width
Maximum density of 7 units per acre

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts Under Contract

Price $650,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
Total Lot Size 12.70 AC
Zoning R2 - With rezone, 65-68 townhomes or 30+- SFD with current zoning • In county, but adjacent to City Limits and could be annexed if desired • All gravity se

1 Lot Available

Lot 6857-264-2

Price $650,000
Price Per AC $51,181.10
Lot Size 12.70 AC

According to a future land use map of Greenwood (attached), the county is expecting this parcel to be a medium density residential area (R3 or R4). We are thinking that we could annex the property into the City of Greenwood in order to rezone to R-7

Description

Ideal smaller play - could be 30 garden style homes or 60+ towns depending on pursuit. Location is easy access to schools and shopping. Topo will require limited grading. Sewer cuts two ways so access to sewer is open.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 34190245

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 1310 Laurel Ave E, Greenwood, SC 29649

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