Development Opportunity: Prime 17.11 Acre Site in St. George, SC at High Traffic Intersection

00 West Jim Bilton Blvd St. George, SC 29477

00 West Jim Bilton Blvd, St. George, SC, 29477
00 West Jim Bilton Blvd, St. George, SC, 29477 00 West Jim Bilton Blvd, St. George, SC, 29477 00 West Jim Bilton Blvd, St. George, SC, 29477 00 West Jim Bilton Blvd, St. George, SC, 29477
FOR SALE
Property Type:
Other Land
Amount:
$1,400,000
Last Verified:
Jan 25, 2024

Highlights

  • I-95 strong visibility and easy accessibility
  • 17.11 Acre Hotel - Truck Stop - Retail Site
  • Charleston and Columbia only 1 hour drive
  • Halfway point between New York and Miami
  • Located in a HUB Zone and an Opportunity Zone

Description

SVN is proud to offer a prime interstate development site in St. George, SC, boasting +/-17.11 acres of commercial real estate. Strategically located at the intersection of West Jim Bilton Drive and Interstate 95, @ exit 77, in South Carolina. The site provides unparalleled visibility and accessibility for any development. This site's ideal location makes it perfect for various types of developments including hotels, truck stops, and retail. The property is adjacent to a recently purchased site by RaceTrac convenience stores. The site is located in a HUB Zone and an Opportunity Zone qualifying for federal tax benefits. The site is approximately 17.11 acres with 5.61 high acres. Recent traffic count estimates are 48,000 VPD. The property is comprised of an assemblage of three parcels, and is zoned Interstate Commercial (IC).

W Jim Bilton Blvd is a strategically located commercial real estate property in St. George, SC. The property is situated at the intersection of West Jim Bilton Drive and Interstate 95, @ exit 77, offering unparalleled accessibility and visibility for any commercial development at a signalized intersection. The surrounding area is primarily commercial, with major chain restaurants nearby, including McDonald's, Subway, Bojangles and Hardee's. Additionally, a recently purchased site by RaceTrac convenience stores is located adjacent to the property. The property is zoned as Interstate Commercial (IC), allowing for various types of developments, such as hotels, truck stops, and retail outlets. Demographics, the population of the surrounding areas is largely middle-aged and older, with a significant number of retirees. This location is easily accessible to both North and Southbound travelers, with recent traffic count estimates of 48,000 VPD. The property is located in a HUB Zone and an Opportunity Zone, making it eligible for federal tax benefits. This is a perfect opportunity for investors and developers to capitalize on this growing commercial area. The strategic location, accessibility, zoning regulations, lack of competition, and future development potential make W Jim Bilton Blvd an excellent investment opportunity in St. George, SC.

Lot Size: 17.11 acres


Documents

SVN - Flyer Prime I-95 Site St. George, SC

Map of 00 West Jim Bilton Blvd, St. George, SC, 29477

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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.