729 Village Dr Chester, SC 29706
This exceptional 8.99-acre parcel in Chester, South Carolina, presents a prime opportunity for multifamily development. Fully entitled for 220 units, this site boasts reduced impact fees, significantly lowering development costs. Strategically located at 729 Village Drive, the property enjoys convenient proximity to a range of amenities. Within a 2-mile radius, residents will find multiple retail centers featuring major brands like Walmart, Food Lion, and Tractor Supply, along with various restaurants and banks. The site's adjacency to the Woodhaven subdivision, a new 262-lot single-family community under construction, further underscores its desirability. Moreover, its location offers easy access to major interstates and economic drivers, while retaining the charm of Chester's historic downtown. The property is situated just 2.75 miles from MUSC Chester Health Medical Center and less than 20 minutes from the Albemarle Richburg Flex site, a significant economic driver with a $1.3 billion investment in lithium hydroxide processing. This combination of convenient location, existing entitlements, and reduced impact fees makes this a truly unique and compelling investment opportunity in a rapidly growing area. The property's APN is 079-04-02-202-000. The address is 729 Village Dr, Chester, SC 29706.
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Horizons Christian Academy High School Daycare Center
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Chester Freedom Ministries Church
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
Physical attributes from public recordsZoning & alternative use
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.