1500 Chestnut Rd Elgin, SC 29045
This exceptional 25-26 acre property in Elgin, South Carolina, presents a unique redevelopment opportunity. The campus, located at 1500 Chestnut Rd, zip code 29045, comprises eight buildings totaling between 14,000 and 25,000 square feet. Previously utilized as a special needs school, the property includes on-site residential structures and an administration building. The expansive grounds offer significant potential for expansion and future development. The property's zoning is residential, allowing for a variety of uses. Adding to the property's value is an additional one-acre parcel directly across the street, featuring a 1,352 square foot brick home. This entire offering presents a compelling investment prospect for those seeking a large-scale project with considerable upside in a desirable South Carolina location. The property is situated in Kershaw County and offers a blend of existing structures and ample space for future construction. The open and beautiful main campus area is ready for innovative repurposing. This is a rare opportunity to acquire a substantial property with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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