Property profile

892 Lugenia Ln Walterboro, SC 29488

OFF-MARKET
Land
30 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 30 ac (1,306,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

892 Lugenia Ln Walterboro, SC 29488
Walterboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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