Sheep Island Tract

Drop Off Drive Summerville, SC 29483

Drop Off Drive , Summerville, SC, 29483
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FOR SALE
Property Type:
Other Land
Amount:
$5,499,000
Last Verified:
Aug 08, 2024

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Highlights

  • Quick access to I-26 via the new Nexton Parkway Interchange
  • Great access to PORTS, Boeing, Volvo, Mercedes and other industries
  • +/-14.3 acre tract of land ready to be developed
  • High growth area @ Nexton, an award-winning, master-planned community
  • 30,000 residences, new MUSC hospital, established industries
  • Mixed-use development that blends commercial, industrial, and residential
  • 20 miles to America's #1 City 10 years in a row, Charleston

Description

SVN is proud to offer prime Commercial real estate in Summerville, South Carolina surrounded by local, regional, national and international industry and businesses. The property boasts +/-14.3 acres, located in a PUD. Situated adjacent to I-26 on the frontage road, this site is conveniently located near Boeing, Volvo, Mercedes, surrounded by Nexton with great access to all the port. This site offers development opportunities for new Commercial use. Zoned: PUD ***CONFIDENTIAL*** DO NOT ENTER PROPERTY WITHOUT SCHEDULING SHOWING WITH BROKER

Sheep Island PUD is prime property that boasts +/-14.3 acres ready for retail, hotel, or commercial in a PUD. The additional +/-27.2 commercial acres is currently under contract. Just North of Nexton Parkway @ Exit #197 intersecting Drop off Drive and bordering I-26, this location is ideal for industrial and commercial businesses. Summerville has been growing steadily in both population and opportunity. With the on going development of Nexton, this property is in the middle of all the growth. Sheep Island Tract is in the greater Summerville area, and surrounded by Nexton. Which is considered to be the best master planned community in the State and Nation. Surrounded by brand new retail, 30,000 residences, and established industry. This property is off of Nexton Parkway, in Berkeley County. Centered in the direct path of metro Charleston's most energetic growth. For those interested in growth and development, South Carolina proudly offers incentives to companies willing to provide jobs. The Charleston market continues to grow with each passing day and is thriving. Summerville is a short drive from the number one tourist destination in the world, Charleston, South Carolina. Also, it is surrounded by multiple International industries Aerospace, Automotive, the SC Port, Boeing, Volvo, and Mercedes Benz. Opportunity for economic development abounds in or near the Charleston area. Volvo Automotive is investing an additional half a billion dollars in Berkeley county, creating hundreds of new jobs. The site is zoned as a PUD, Planned Unit Development

Lot Size: 14.3 acres

Map of Drop Off Drive , Summerville, SC, 29483

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.