2609 Hands Mill Hwy - Allison Creek
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2609 Hands Mill Hwy - Allison Creek
25.26 Acres of Commercial Land Offered at $2,700,000 in York, SC 29745
Investment Highlights
- 25.26 Acre Parcel of Vacant Land Zoned for Residential, Commercial or Mixed-Use Development
- Plot Includes Road Access to Hand Mills Highway and Lake Access With Existing Dock | Property Not In Flood Plain
- Affluent Demographics: 106,000+ Residents Within 7-miles | $120,740+ Average Household Income within 3-Miles
- Pre-Approved by York County For Up To 200 Unit Condo Development
- Lake Wylie is a Popular Recreation and Vacation Destination in the Charlotte MSA
Executive Summary
Most recently used as a girl scout camp, this 25.26 acres of land includes a dock area at Lake Wylie, a popular recreation & vacation
destination in the Charlotte MSA. While this land has the typical setbacks from the lake, it’s unique in that the York County Council has
already approved it as a development plot. Getting those entitlements can be a pretty time intensive process in that area that any developer
taking on virgin farmland or especially swampland will have to take on elsewhere. A developer may have to do traffic studies & deal with
various other zoning & urban planning hurdles. Here it’s already done & the property is not in the flood plain. The property is zoned for up
to 200 condos to be built there.
The preplanned development project for the area started in 2007. The parcel is 1 of 14 “pods” comprising a 300+ acre area that York County
approved for future development. This is especially valuable given that in November 2019 York County Council voted unanimously to pass
a building moratorium in the Lake Wylie area thus other owners of vacant land will have a hard time getting their development approved.
Due to the population of Rock Hill increasing by 47% in the last 20 years, in November 2021 the Rock Hill City Council approved a pause in
residential construction. That moratorium will allow staff time to review & improve codes to better handle certain projects. In March 2022
Rock Hill City Council voted to temporarily stop issuing & renewing permits for short-term leases such as Airbnb; that 6 month moratorium
shows yet another barrier to entry in the region.
The plot includes road access to Hands Mills Highway & lake access. The property has over 106,000 residents within a 7 mile radius with an
average household income of over $120,000 within a 3 mile radius.
destination in the Charlotte MSA. While this land has the typical setbacks from the lake, it’s unique in that the York County Council has
already approved it as a development plot. Getting those entitlements can be a pretty time intensive process in that area that any developer
taking on virgin farmland or especially swampland will have to take on elsewhere. A developer may have to do traffic studies & deal with
various other zoning & urban planning hurdles. Here it’s already done & the property is not in the flood plain. The property is zoned for up
to 200 condos to be built there.
The preplanned development project for the area started in 2007. The parcel is 1 of 14 “pods” comprising a 300+ acre area that York County
approved for future development. This is especially valuable given that in November 2019 York County Council voted unanimously to pass
a building moratorium in the Lake Wylie area thus other owners of vacant land will have a hard time getting their development approved.
Due to the population of Rock Hill increasing by 47% in the last 20 years, in November 2021 the Rock Hill City Council approved a pause in
residential construction. That moratorium will allow staff time to review & improve codes to better handle certain projects. In March 2022
Rock Hill City Council voted to temporarily stop issuing & renewing permits for short-term leases such as Airbnb; that 6 month moratorium
shows yet another barrier to entry in the region.
The plot includes road access to Hands Mills Highway & lake access. The property has over 106,000 residents within a 7 mile radius with an
average household income of over $120,000 within a 3 mile radius.
Property Facts
1 Lot Available
Lot 4880000004
Price | $2,700,000 | Lot Size | 25.26 AC |
Price Per AC | $106,888 |
Price | $2,700,000 |
Price Per AC | $106,888 |
Lot Size | 25.26 AC |
Residential/Vacant Commercial
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PROPERTY TAXES
Parcel Number | 4880000011 | Improvements Assessment | $0 |
Land Assessment | $1,265,390 | Total Assessment | $1,265,390 |
PROPERTY TAXES
Parcel Number
4880000011
Land Assessment
$1,265,390
Improvements Assessment
$0
Total Assessment
$1,265,390
zoning
Zoning Code | PD (Planned Development) |
PD (Planned Development) |
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2609 Hands Mill Hwy - Allison Creek
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