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Theresa Dr - Meritage Apts & Townhomes 2.63 Acres of Residential Land Offered at $1,750,000 in James Island, SC 29412
INVESTMENT HIGHLIGHTS
- Minutes to Charleston Peninsula and MUSC's Hospital District
- 2.63 Acres
- (16) 3-Bedroom Build-To-Rent Townhome Project
EXECUTIVE SUMMARY
Oswald Cooke & Associates is excited to present partially entitled, build-to-rent townhome development opportunity minutes from the Charleston Peninsula and MUSC’s hospital district. This 2.63-acre parcel, situated just off Harborview Road and only 2.3 miles from the Charleston Peninsula, is approved for the construction of 16 three-bedroom townhomes. Zoned DR-1 within the City of Charleston, the property benefits from a prime location with marsh views in the vibrant triangle formed by the James Island Connector, Harborview Road, and Folly Road. Nearby, you'll find major national retailers such as CVS, Harris Teeter, Arby’s, McDonald’s, Wendy’s, Lowe’s, IHOP, Chick-fil-A, and more. Site is minutes to the bridge crossing to MUSC’s main campus and hospital district. This development will be ideal for medical residents and professionals. With limited remaining development opportunities on the island, this is a rare and exceptional prospect you won’t want to miss!
PROPERTY FACTS
| Price | $1,750,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 2.63 AC |
| Property Type | Land | ||
| Zoning | STR & DR-1 | ||
| Price | $1,750,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 2.63 AC |
| Zoning | STR & DR-1 |
1 LOT AVAILABLE
Lot
| Price | $1,750,000 | Lot Size | 2.63 AC |
| Price Per AC | $665,399.24 |
| Price | $1,750,000 |
| Price Per AC | $665,399.24 |
| Lot Size | 2.63 AC |
Partially entitled, build-to-rent townhome development opportunity minutes from the Charleston Peninsula and MUSC’s hospital district. 2.63-acre parcel, (16) 3-Bedroom Townhome Project. DRB approval April 2025. TRC approval expected Q4 2025.
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PROPERTY TAXES
| Parcel Number | 424-10-00-030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $57,000 |
PROPERTY TAXES
Parcel Number
424-10-00-030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$57,000
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Theresa Dr - Meritage Apts & Townhomes
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