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0 Govan Road, Hollywood, SC 29449

$999,000
Property Type: Commercial Sale Status: Active
Current Price: $999,000 List Date: 8/16/2023 Last Modified: 1/04/2024

Description

Development opportunity in an emerging submarket of Charleston. Perfect for residential or general commercial. The 9.07 acres abuts to the new DR Horton residential development, which is projected to add 181 homes and is undergoing development. Located 15.8 miles from West Ashley shopping, 21.1 miles from downtown Charleston, and 27 miles from Edisto Beach. Hollywood SC code of Ordinances Sec.58-99.-GC General commercial allows single-family, patio-home, and multifamily development in addition to traditional commercial usages. Due to high job growth in primary markets and overall housing demand, this opportunity presents a much-needed solution to the market's current shortage of availability. *Owner financing/land lease options available

More Information MLS# 31001624

Location

Street Name: Govan Street Suffix: Road County: Charleston Nearest MSA: Charleston-North Charleston, SC Submarket/Township: 13 - West of the Ashley beyond Rantowles Creek State or Province: SC Postal Code: 29449 Parcel Number: 1630000056 Opportunity Zone: No

General Information

Status: Active Property Sub Type: Unimproved Land Secondary Sub-Type: Multi Family Tertiary Sub-Type: Industrial Listing Name: Prime 9+ Acre Opportunity Lot Acres Min: 9.07 Lot Acres: 9.07 List Price/Acre: 110143.33

Contract Information

Listing Contract Date: 2023-08-16 Fixed Price or Range?: Fixed Price List Price: $999,000 Original List Price: 1290000 Tax Legal Description: Pt Former Main Tr Hollywood Spur Acl Current Price: $999,000

Land Related

Part of Planned Development?: No In Flood Plain?: No

Financials

Tax Assessed Value: 420

Directions & Remarks

Directions: Hwy 17 South, to Hwy 162, left at Light In Town Of Hollywood Onto Hwy 165. Property is in the corner of Toogoodoo Rd and Town Council Dr. Public Remarks: Development opportunity in an emerging submarket of Charleston. Perfect for residential or general commercial. The 9.07 acres abuts to the new DR Horton residential development, which is projected to add 181 homes and is undergoing development. Located 15.8 miles from West Ashley shopping, 21.1 miles from downtown Charleston, and 27 miles from Edisto Beach. Hollywood SC code of Ordinances Sec.58-99.-GC General commercial allows single-family, patio-home, and multifamily development in addition to traditional commercial usages. Due to high job growth in primary markets and overall housing demand, this opportunity presents a much-needed solution to the market's current shortage of availability. *Owner financing/land lease options available

Status Change Info

Status Change Date: 2023-08-16

Auction Details

Auction: No

Property Features

Property Sub Type: Industrial; Multi Family; Unimproved Land Current Use: Agricultural; Commercial; Mixed Use; Residential; Unimproved; Other; See Remarks Road Surface Type: Dirt Utilities: None; See Remarks
Listing Office: Matt O'Neill Real Estate
Last Updated: January - 04 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Properties marked with IDX logo are provided courtesy of South Carolina Commercial Multiple Listing Service, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Carolina Commercial Multiple Listing Service. Real estate listings held by brokerage firms other than the website owner are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.