Silverwood Square: +/- 1.85 Commercial Acres for Sale

Silverwood Court Rincon, GA 31326

Silverwood Court, Rincon, GA, 31326
Silverwood Court, Rincon, GA, 31326
FOR SALE
Property Type:
Commercial Land Development
Amount:
$325,000
Last Verified:
Jan 23, 2020

Highlights

  • +/- 1.85 Acres at Silverwood Square
  • Paved Access Road; City Water & Sewer at Site
  • Common Detention Allows for More Usable Acreage
  • GC Zoning Allows for Variety of Uses
  • At Entrance to Silverwood Plantation; Two Points of Access
  • High Growth Rincon; Traffic Counts of 31,400 VPD on Hwy 21

Description

SVN is pleased to offer for sale Parcel 2 within Silverwood Square, which is +/-1.85 acres in size, at the entrance to Silverwood Plantation. The parcel offers common detention that will allow for more usable acreage, a paved access road and infrastructure in place including city water and sewer at the site. The site is accessed via Silverwood Court by way of a right in curb cut on Highway 21 North. In addition, a secondary access point is the signalized interchange of Silverlake Drive and Highway 21, which also includes median break for southbound traffic. Present zoning is GC, which allows for a variety of uses.

Rincon is located within the Savannah MSA in Effingham County and is approximately 5 miles from I-95 at Exit 109 with a strong spending population of 62,000+ residents and an average household income in excess of $78,000 within (1) mile of the property. Rincon's tremendous population growth of 57.6% in the last decade, and the county's impressive growth of 30%, has caught the attention of many national retailers has such as Lowe's, Kroger, Wal-Mart, Planet Fitness, Tractor Supply, Walgreen's and Chick-Fil-A. GA Highway 21 is the main thoroughfare in and out of the county. The traffic count is approximately 31,400 vehicles per day.

Lot Size: 1.85 acres

Map of Silverwood Court, Rincon, GA, 31326

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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.