Sealed Bids Due MARCH 10th

5585 Jefferson Davis Highway North Augusta, SC 29842

5585 Jefferson Davis Highway, North Augusta, SC, 29842
5585 Jefferson Davis Highway, North Augusta, SC, 29842
Property Type:
Big Box Retail
Please Call Broker for Price

Last Verified:
Feb 16, 2020


Sealed Bids due MARCH 10th. Hyundai dealership under construction. 80% completed. Seller is not going to complete construction and the property will sell to highest offer. Completed project appraised at $7,625,000. Site has approximately 1.4M to 1.5M left of construction. Property will sell to highest offer. Contract must be agreed to by March 15th after all bids are received March 10th. See entire diligence file by clicking document vault and electronically signing NDA. Property is at a point where it can be completed as a Hyundai dealership or as another dealership use. It could also be converted to another vehicle related use fairly easily,

Located along I:520 and Jefferson Davis Highway (US Highway 1) in Beech Island, South Carolina. This property borders the interstate and has access to multiple high traffic thoroughfares. Nissan Dealership is across the street along with multiple other developments in area.

Year Built: 2020
Building Size: 15600.0sq ft
Lot Size: 9.58 acres

Map of 5585 Jefferson Davis Highway, North Augusta, SC, 29842

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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.