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0 N Hwy 17, Mount Pleasant, SC 29464

$1,950,000
Property Type: Commercial Sale Status: Active
Current Price: $1,950,000 List Date: 3/13/2024 Last Modified: 5/23/2025

Description

Rare prime development opportunity in Mt. Pleasant consisting of 5.95 acres along Highway 17 North with 481' of frontage. Located directly across from the Brickyard Plantation entrance with an average daily traffic count of 50,484 VPD. The subject property is currently in the County and would need to be annexed into the Town of Mount Pleasant in order to receive sewer service. The site is within the Village Commercial Area section of the Sweetgrass Overlay District adopted by Charleston County and the Town of Mount Pleasant. The town recognizes the site as a commercial property and could be zoned AB. There is a maximum building size per developable acre in this village commercial area of 10,000 SF enabling a total of nearly 60,000 SF to be developed over 6 buildings. Larger buildings would require a variance. Good potential uses in Mt. Pleasant's AB zoning include office, medical office, retail, assisted living, entertainment, animal care, restaurants, event venues, R&D, Flex space, senior housing, civic uses, schools, et al. Listing agent believes workforce housing would receive a strong consideration. The site contains 2.8 acres of non-jurisdiction freshwater wetlands and 3.15 acres of highland, it was concluded that the site does not contain any aquatic resources subject to Corps' jurisdiction and may be filled with the purchase of mitigation credits estimated to be $85,000 per acre. The owner's AJD letter is valid for five years, expiring in January 2029. 4.55 AC adjacent property for sale. Can assemble over 10 acres.

More Information MLS# 31003005

Location

Street Direction Prefix: N Street Name: Hwy 17 County: Charleston Nearest MSA: Charleston-North Charleston, SC Submarket/Township: 41 - Mt Pleasant N of IOP Connector State or Province: SC Postal Code: 29464 Parcel Number: 578-00-00-042 Opportunity Zone: No

General Information

Status: Active Property Sub Type: Unimproved Land Listing Name: Prime 5.95 AC Development Opportunity in Mt. Pleasant Lot Acres Min: 5.95 Lot Acres: 5.95 List Price/Acre: 327731.09 Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2024-03-08 Fixed Price or Range?: Fixed Price List Price: $1,950,000 Original List Price: 1950000 Current Price: $1,950,000

Land Related

In Flood Plain?: No

Status Change Info

Status Change Date: 2024-03-13

Auction Details

Auction: No

Property Features

Property Sub Type: Unimproved Land
Listing Office: Landmark Enterprises Services
Last Updated: May - 23 - 2025
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