1370 Chestnut Rd Elgin, SC 29045
This exceptional 46.24-acre property in Elgin, South Carolina, presents a unique investment opportunity. Located in Kershaw County and boasting approximately 11,590 feet of road frontage on Chestnut Road and approximately 11,175 feet on Wildwood Lane, this land offers diverse potential uses. Currently zoned MRD-1 (Rural Resource District), the property could be rezoned to R-15 to allow for residential subdivision development, subject to Kershaw County's regulations requiring a minimum of 3/4 acre per lot for septic systems. Public water is readily available via the Lugoff-Elgin Water Authority. Beyond residential development, the expansive acreage is well-suited for a variety of uses, including horse farms, a family compound, a church or church retreat campus, and recreational facilities. The property's strategic location offers convenient access to nearby amenities, situated less than approximately 110 miles from the Village at Sandhills and approximately 12 miles from Downtown Camden. Please note that the seller reserves the right to retain approximately 6 acres of the original 52.24-acre parcel in a mutually agreeable location. The asking price for this remarkable property is $1,109,760. The APN is p/o 307-00-00-105.
Cap rate
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Property description
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