Log In/Sign Up
Your email has been sent.
NE S Legrand Road - Keystone Development Site 10.52 Acres of Residential Land Offered at $2,450,000 in Columbia, SC 29223
Investment Highlights
- 10.52-Acre Development Site: Contiguous 10.52-acre parcel supporting up to ~198 residential units at ~18 units per acre.
- Adjacent to Scout Motors: In close proximity to Scout Motors’ $2 billion EV plant, projected to create approximately 5,000 jobs at full capacity.
- Columbia MSA Employment: Anchored by USC, Prisma Health, Fort Jackson, and a rapidly expanding advanced manufacturing base.
- R6 Multifamily Zoning: R6 zoning under Richland County allows garden, townhome, or mid-rise multifamily product configurations.
- Northeast Columbia Corridor: Located on NE S Legrand Rd in one of Columbia’s most active growth submarkets.
- Structural Housing Demand: Regional population and job growth driving demand for new housing supply across the Columbia market.
Executive Summary
Marcus & Millichap is pleased to present the Keystone Development Site, a 10.52-acre entitled multifamily development parcel located at NE S Legrand Rd in Columbia, South Carolina. The site is zoned R6 (Multifamily) under Richland County and permits high-intensity residential development of ~18 units per acre, supporting the delivery of up to approximately 198 new residential units.
The offering delivers a rare, fully entitled development opportunity in a supply-constrained submarket with direct access to major transportation, utility infrastructure, and regional employment centers. The R6 designation provides developers meaningful flexibility across product types, supporting garden-style, townhome, or mid-rise multifamily configurations aligned with market demand.
The Keystone Development Site is positioned within close proximity to Scout Motors’ $2 billion electric vehicle manufacturing plant in Blythewood, one of the largest economic development projects in Richland County history. Scout Motors is projected to create approximately 5,000 permanent jobs across the primary production plant and adjacent supplier park at full capacity, with initial vehicle production targeted for late 2026. The broader Columbia MSA continues to benefit from sustained population and job growth anchored by the University of South Carolina, Prisma Health, Fort Jackson, and a rapidly expanding advanced manufacturing base, driving structural demand for new housing supply.
The offering delivers a rare, fully entitled development opportunity in a supply-constrained submarket with direct access to major transportation, utility infrastructure, and regional employment centers. The R6 designation provides developers meaningful flexibility across product types, supporting garden-style, townhome, or mid-rise multifamily configurations aligned with market demand.
The Keystone Development Site is positioned within close proximity to Scout Motors’ $2 billion electric vehicle manufacturing plant in Blythewood, one of the largest economic development projects in Richland County history. Scout Motors is projected to create approximately 5,000 permanent jobs across the primary production plant and adjacent supplier park at full capacity, with initial vehicle production targeted for late 2026. The broader Columbia MSA continues to benefit from sustained population and job growth anchored by the University of South Carolina, Prisma Health, Fort Jackson, and a rapidly expanding advanced manufacturing base, driving structural demand for new housing supply.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,450,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 10.52 AC |
| Property Type | Land | ||
| Zoning | R6 | ||
| Price | $2,450,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 10.52 AC |
| Zoning | R6 |
1 Lot Available
Lot
| Price | $2,450,000 | Lot Size | 10.52 AC |
| Price Per AC | $232,889.73 |
| Price | $2,450,000 |
| Price Per AC | $232,889.73 |
| Lot Size | 10.52 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
NE S Legrand Road - Keystone Development Site
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.