Ridgeland, SC 29936
- Commercial real estate
- 22.77 lot acres
Current Use by Public Records
- Commercial real estate
Property Details
- Lot size
- 22.77 lot acres
- Property type
- Commercial real estate
Description
This exceptional 22.77-acre commercial tract presents a compelling investment opportunity in Ridgeland, South Carolina. Strategically positioned on Highway 462, this property enjoys a prime location between Bolan Hall and Strawberry Hill, benefitting from the proximity to a planned residential development encompassing up to 4800 homes. The Community Commercial zoning designation allows for a diverse range of uses, including industrial applications, providing significant flexibility for future development. The land is largely cleared uplands, with existing access via a paved driveway. While some wetlands are present along the eastern boundary, the majority of the acreage is readily developable. The property's potential is further enhanced by the possibility of expanding the land holdings through assemblage with two adjacent parcels, potentially increasing the total acreage to 33.5 acres. This presents a unique chance to acquire a substantial land holding in a rapidly growing area, offering significant long-term value appreciation potential. The existing infrastructure, including the access road, reduces development costs and accelerates the timeline for project commencement. This is an ideal opportunity for developers, investors, or businesses seeking a strategic location with considerable expansion potential in a thriving community. The asking price is $4,200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ridgeland
- County
- Jasper
- State
- South Carolina
- Longitude
- -80.9688
- Latitude
- 32.4722