2105 Rowesville Rd

2105 Rowesville Rd Orangeburg, SC 29115

2105 Rowesville Rd, Orangeburg, SC, 29115
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FOR SALE
Property Type:
Factory
Amount:
$750,000
Last Verified:
Mar 08, 2024

Highlights

  • 12.94acre site with significant outdoor storage space, ample parking (paved), multiple ingress/egress points
  • Prime redevelopment opportunity for users & investors alike-located within a Federal Opportunity Zone (OZ)
  • Heavy power and utilities to the site, located in Orangeburg County, a Tier 4 county with the highest incentives available
  • +3 acres cleared and paved (±300 paved & striped parking spaces) & additional acres (undeveloped)

Description

Available for Sale/Redevelopment: 2105 Rowesville Rd/US-21 located in Orangeburg, South Carolina within Orangeburg County, SC is a Multi-Building Heavy Manufacturing complex totaling approximately on 12.92 acres within a Federal Opportunity Zone (OZ).

Custom built manufacturing complex with two primary buildings referred to as Building 1 & Building 2, and three smaller outbuildings for an approximate total RBA of approximately 98,000sf (2 floors) on two parcels totaling approximately 12.92 acres in Orangeburg County.

Originally built around 1988 for Hughes Aircraft Co. - a major American aerospace and defense contractor, the buildings were utilized for heavy production, R&D, administrative and related uses prior to being acquired by Raytheon Corporation in 1997. In Q4 1998, Raytheon Corporation announced major shutdowns, including the Orangeburg Facility.

The site has been decommissioned and vacant. Fully renovations and/or demolition will be required.

Currently zoned Commercial General (CG) in Orangeburg County (unincorporated) – this stand-alone site is surrounded by Industrial land and thriving industry, and offers immediate highway access to Rowesville Rd / US-21, and proximity to the Interstate.

With over 3 acres cleared and paved (+300 paved and striped parking spaces) and 7.5 additional acres for expansion / future redevelopment, not to mention the controlled access via Capers Lane and Rowesville Rd/US-21, this site is poised for a success and offers potential for both single and multi-tenant users and flow.

Located just east of the Orangeburg Municipal Airport (OGB) and is strategically situated in between two major Industrial Parks – the Orangeburg County Industrial Park (OCIP) located on the Prosperity Dr. loop and home to companies such as the Okonite Company, Red Collar Foods/Mars Petcare, Ecka Granules of America, LLC, just to name a few.

Orangeburg County, SC (Tier 4-2021) offers potential for some of the highest incentives programs through the local, regional, or state partners for users/industries that qualify for a variety of programs due to job creation, capital investment, utility use, port volume, and more.

Contact for details and learn more about this exciting redevelopment opportunity.

Orangeburg County is ideally situated near the midway point between New York City and Miami along Interstate 95. Two major interstates, I-95 and I-26, intersect in the county and can provide quick access to both national and regional markets. The Global Logistic Triangle (I-26, US-301, and I-95) gives your companies immediate access to the worldwide markets.
Home to Fortune 500 companies, Orangeburg County, South Carolina is the ideal location for business expansions, relocation, and start-ups. Orangeburg County has set records for the number of firms making capital investments and boasts a strong manufacturing base with over 100 leading manufacturers and distributors. In fact, more than 29% s/b 25% of Orangeburg County’s work force is employed in manufacturing, compared to 23.8% for the state and 14% for the nation.


Year Built: 1988
Building Size: 101726sq ft
Lot Size: 12.92 acres


Documents

2105 Rowesville Rd Brochure
Site Overview+Existing Conditions 2105 Rowesville Rd.pdf
SC Department of Commerce Incentives (2024).pdf

Map of 2105 Rowesville Rd, Orangeburg, SC, 29115

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.