Property profile

0 Sniders Hwy & Cane Br Rd Walterboro, SC 29488

OFF-MARKET
Land
55 ac lot
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Property summary

AI-generated overview

This exceptional 55-acre parcel, known as Parcel C of The Rice Estate, presents a remarkable opportunity for significant development in Colleton County, South Carolina. Strategically located off Highway 63, near I-95 exit 53 in Walterboro, this property boasts unparalleled access to major transportation arteries, ensuring convenient north and southbound traffic flow. The surrounding area is experiencing robust growth, with new hotels, restaurants, and travel centers catering to the high volume of I-95 travelers. Zoned "Urban Development-2," this land offers remarkable flexibility, accommodating a wide array of uses. Permitted uses include, but are not limited to, retail, warehousing and distribution, hotels, light manufacturing, residential development (single-family, duplex, and even trailer parks with special conditions), and more. All utilities are conveniently located adjacent to the site, simplifying infrastructure integration. The zoning is designed to support the projected growth in urban transition areas, ensuring access to essential public facilities and infrastructure, including water, sewer, streets, and schools. A detailed zoning description is available upon request. The asking price for this expansive and versatile property is $2,750,000. This is a rare chance to acquire a significant land holding in a rapidly developing area with exceptional access and zoning flexibility.

Property profile

Verified
Property type Land
Lot 55 ac (2,395,800 SF)

Cap rate & NOI

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

Location

Sniders Hwy & Cane Br Rd 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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