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State S-27-19 Rd 0.47 Acres of Residential Land Offered at $1,200,000 in Ridgeland, SC 29936
Investment Highlights
- Close to I-95 exit 22 in growing corridor
- Good opportunity for affordable housing or rental community
Executive Summary
Located close to exit 22 on I-95, this is a great opportunity for an investor for rental housing or an ideal spot to sell affordability. Location makes it easy to work in the Southern part of the state or Savannah, GA.
Lots are platted, and permits are about to be issued for development. Light development work consists of bringing stormwater and road into compliance, at approximately 600k. Phase 1 approved, additional phase 2 consisting of another 36 lots available. Can be purchased together. Both phases combined are 51.46 acres
Bond in place so builder can start models and specs immediately and sell home sites.
Manufactured housing is prohibited in the Town of Ridgeland, therefore it is not available on this site.
Lots are platted, and permits are about to be issued for development. Light development work consists of bringing stormwater and road into compliance, at approximately 600k. Phase 1 approved, additional phase 2 consisting of another 36 lots available. Can be purchased together. Both phases combined are 51.46 acres
Bond in place so builder can start models and specs immediately and sell home sites.
Manufactured housing is prohibited in the Town of Ridgeland, therefore it is not available on this site.
Property Facts
| Price | $1,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Bulk/Portfolio Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.47 AC |
| Zoning | RP - Rural Preservation | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.47 AC |
| Zoning | RP - Rural Preservation |
1 Lot Available
Lot 1-36
| Price | $1,200,000 | Lot Size | 0.47 AC |
| Price Per AC | $2,534,399.19 |
| Price | $1,200,000 |
| Price Per AC | $2,534,399.19 |
| Lot Size | 0.47 AC |
avg 75' wide by 275' deep. Well and septic approved by city, good soils. lots are platted.
Description
The site is a vacant land parcel positioned along a well-trafficked corridor with connectivity to local and regional highways. Utilities are accessible at the property. The surrounding market includes retail establishments and emerging residential areas.
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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State S-27-19 Rd
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