892 Lugenia Ln, Walterboro, SC 29488
This exceptional 30-acre property presents a unique investment opportunity in Walterboro, South Carolina. Strategically located on both sides of I-95 at exit 68, providing convenient access to SC 61, this land offers unparalleled potential for diverse development. The site is approximately 17 miles from the I-95/I-26 interchange, enhancing regional connectivity. The southern portion encompasses approximately 2 acres adjacent to a man-made lake on Echo Lane, while the northern section features roughly 28 acres on Lugenia Lane. Currently zoned RD-2 in Colleton County, the property allows for agricultural uses, rural residential development, and low-intensity supporting commercial uses. Its location within an Opportunity Zone presents significant tax advantages, stimulating economic development and job creation. The proximity to a new battery plant employing over 600 workers further enhances the property's value and potential for attracting businesses and residents. This prime location makes it opportune for retail, office, and hospitality development, capitalizing on the area's growth trajectory. The asking price is $3,750,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.