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    171 Meridian Rd Beaufort, SC 29907

    For Sale
    $2,500,000

    9-Acre Beaufort Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 9-acre commercial land parcel, located at 171 Meridian Road in Beaufort, South Carolina (zip code 29907), presents a compelling investment opportunity. The property, identified by APN R200-018-000-022a-0000, is zoned for both residential and commercial use, offering significant flexibility for development. Priced at $2,500,000 ($277,777.78 per acre), this site boasts a substantial 392,040 square feet and is conveniently situated near the intersection of Lady's Island Drive and Meridian Road. Preliminary plans for a 70-unit independent or 24-unit assisted living facility are available for review, showcasing the property's potential for senior care development. However, the versatile zoning allows for a wide range of commercial and residential possibilities. Detailed surveys and supporting documents are accessible. While some permits may require renewal, this prime location and substantial acreage make this a highly attractive proposition for developers seeking a shovel-ready project in a desirable South Carolina location. The property's proximity to key roadways ensures excellent accessibility and visibility. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a thriving community.

    Property Features for 171 Meridian Rd

    General Information

    Property type
    Land
    Lot Size
    392,040 SF

    HighLights

    • 9‑acre commercial land parcel in Beaufort, SC (29907), APN R200‑018‑000‑022a‑0000.
    • Zoned for residential and commercial use.
    • 392,040 square feet, priced at $2,500,000 ($277,777.78/acre).
    • Located near Lady's Island Drive and Meridian Road.
    • Preliminary plans for senior living facility available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.662074
    Latitude
    32.401901

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    FAQs

    What type of property is this?
    Land - 9-Acre Beaufort Development Site
    Where is this land located?
    The property is located at 171 Meridian Rd Beaufort, SC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 9-acre commercial land parcel in Beaufort, SC (29907), APN R200-018-000-022a-0000.; Zoned for residential and commercial use.; 392,040 square feet, priced at $2,500,000 ($277,777.78/acre).
    (843) 252-8996
    Request Owner's contact information
    171 Meridian Rd Beaufort, SC 29907
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    Beaufort, SC 29907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    171 Meridian Rd Beaufort, SC 29907
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