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Charleston Development Opportunity
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3512 Shelby Ray Ct, Charleston, SC 29414

33+/- acre multi-family tract entitled for 240 units.

Property SizeContact for details
Lot Size37.37 Acres
Days on Market670

Property Features for 3512 Shelby Ray Ct

General Information

Standard status Active
Lot size 37.37 Acres
Property subtype Land, Multifamily
Listing Agency: Oswald Cooke & Associates
Listed By: Benjy Cooke · License #SC 39847
Source: Crexi
Added: Oct 8, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oswald Cooke & Associates

Investment Insights

Based on property information with market context.

Oswald Cooke & Associates announces a 33+/- acre multi-family tract of land within the Harmony Development Agreement. Entitled for 240 units classified as Active Adult Multi-Family in the City of Charleston, the tract allows for flexibility in housing types. Up to 55 units can be row/town/patio attached homes, or all units can be stacked. The development also features a 4.37+ acre commercial tract with a maximum 16,000 SF space available. A 52+ acre permanent green space is included, featuring bike and pedestrian paths connecting to West Ashley Park. Located in the Bees Ferry/Glenn McConnell corridor, the site benefits from a growing residential base, with over 94,000 residents within a 5-mile radius and multiple large communities taking shape. Glenn McConnell Parkway has been widened to accommodate the increasing traffic flow to Interstate 526 and Bees Ferry Road. The site is located 2.5 miles from Bon Secours - Roper St. Francis Hospital. Nearby retailers include Wal-Mart, Harris Teeter, Starbucks, Zaxby’s, Sonic, Sherwin Williams, Doctors Care, and Roper St. Francis Urgent Care.

Key Highlights

  • Entitled for 240 Active Adult Multi‑Family units in Charleston.
  • Part of the Harmony Development Agreement.
  • Includes a 4.37+ acre commercial tract with up to 16,000 SF available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 29414, SC

45,150
Population
20,209
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
49.0 sq mi
ZIP Area
921
Density / Sq Mi
$91,976
Median Household Income
$53,535
Median Earnings
$1,639
Median Rent
$380,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 33+/- acre multi-family tract entitled for 240 units.
Where is this residential land & home lot located?
The property is located at 3512 Shelby Ray Ct Charleston, SC.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Entitled for 240 Active Adult Multi‑Family units in Charleston.; Part of the Harmony Development Agreement.; Includes a 4.37+ acre commercial tract with up to 16,000 SF available.
(843) 343-1351 Call to check price and availability
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