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114 Marshall Acres Dr - +/- 2.5 AC Corner Lot on Hwy 176

2.5 Acres of Commercial Land Offered at $1,800,000 in Summerville, SC 29486

Investment Highlights

  • +/- 2.5 AC Corner Lot with 18,200 daily passing vehicles!
  • Future Potential Traffic Light @ Intersection!
  • ~161 Feet of Hwy 176 road frontage!

Executive Summary

RARE opportunity to purchase a Corner Lot on Hwy 176 with such close proximity to Nexton Pkwy / N. Creek Dr. / Cane Bay Blvd. This property is right next to Cane Bay High School.

Property Facts

Price $1,800,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Carwash
  • Convenience Store
  • Daycare Center
  • Fast Food
  • Healthcare
  • Neighborhood Center
  • Restaurant
  • Strip Center
  • Veterinarian or Kennel
Total Lot Size 2.50 AC

1 Lot Available

Lot 1 & 2

Price $1,800,000
Price Per AC $720,000
Lot Size 2.50 AC

Premier Corner Lot (2 parcels) with ~161 Feet of Road Frontage on Hwy 176 (State Rd.)! The lot dimensions are roughly 161' x 664'

Description

Unleash the potential of this Premium +/- 2.5 AC Corner Lot on Hwy 176, boasting a staggering 18,200 daily passing vehicles, strategically positioned right next to the prestigious Cane Bay High School. This property has ~161 Feet of road frontage on Hwy 176 to go along with ~664 Feet of road frontage on Marshall Acres Dr. Adjacent Parcels with more that 27 Acres have recently been rezoned from R2 to GC (General Commercial). The conceptual site plan that was submitted shows a 240 Unit Apartment Complex along with proposed 19,500 SF Retail Commercial Buildings. The US-176 Widening Phase 1 Project will transform Hwy 176 into a four-lane marvel, complete with turn lanes, sleek raised concrete medians, upgraded signals and intersections, and a comprehensive overhaul of water and sewer systems. Don't miss out on the opportunity to capitalize on this infrastructure enhancement that promises to elevate the ROI potential of 114 Marshall Acres Dr.!

zoning

Zoning Code R2 (Two adjacent parcels (~27 AC) have successfully been rezoned to GC (General Commercial))
R2 (Two adjacent parcels (~27 AC) have successfully been rezoned to GC (General Commercial))
  • Listing ID: 32159328

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 114 Marshall Acres Dr, Summerville, SC 29486

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