171 Meridian Rd Beaufort, SC 29907
- Commercial real estate
- 9.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 171 Meridian Rd
- Lot size
- 9.00 lot acres
- Property type
- Commercial real estate
- APN
- R200-018-000-022a-0000
Description
This exceptional 9-acre commercial land parcel, located at 171 Meridian Road in Beaufort, South Carolina (zip code 29907), presents a compelling investment opportunity. The property, identified by APN R200-018-000-022a-0000, is zoned for both residential and commercial use, offering significant flexibility for development. Priced at $2,500,000 ($277,777.78 per acre), this site boasts a substantial 392,040 square feet and is conveniently situated near the intersection of Lady's Island Drive and Meridian Road. Preliminary plans for a 70-unit independent or 24-unit assisted living facility are available for review, showcasing the property's potential for senior care development. However, the versatile zoning allows for a wide range of commercial and residential possibilities. Detailed surveys and supporting documents are accessible. While some permits may require renewal, this prime location and substantial acreage make this a highly attractive proposition for developers seeking a shovel-ready project in a desirable South Carolina location. The property's proximity to key roadways ensures excellent accessibility and visibility. This is a rare opportunity to acquire a large, well-located parcel with significant development potential in a thriving community.
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
- Beaufort
- County
- Beaufort
- State
- South Carolina
- Longitude
- -80.662074
- Latitude
- 32.401901
