2497 State Road, Summerville, SC 29483 (MLS# 31003703)

2497 State Road, Summerville, SC 29483

$19,000,000

Property Type: Commercial Sale Status: Active Contingent

Current Price: $19,000,000 List Date: 6/25/2024 Last Modified: 5/23/2025

Overview

Description

Prime opportunity for mixed-use development of nearly 260 acres in the ''Path of Progress'' approximately 1.5 miles from Cane Bay neighborhood. Cane Bay is one of the top 5 fastest growing planned communities in the US. The property is 2miles to Nexton, which is in the middle of the Cane Bay/Nexton/Jedburg/Camp Hall corridor and only 5 miles to I-26 and the Volvo campus. Traffic count on US 176 is 10,300 VPD. Contact listing agent regarding zoning and future development use potential. Frontage on US 176/State Road: 5,135 linear feet. Water at site; Sewer to be determined. House on property could serve as an office. Beautiful elevation change is impressive. House is occupied but could be a office of temporary site for development.

Listing Details MLS# 31003703

Location

Street Number: 2497
Street Name: State
Street Suffix: Road
County: Berkeley
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 75 - Cross, St.Stephen, Bonneau, Rural Berkeley Cty
State or Province: SC
Postal Code: 29483
Parcel Number: 1780002033
Opportunity Zone: No

General Information

Property Sub Type: Unimproved Land
Secondary Sub-Type: Agriculture
Tertiary Sub-Type: Special Purpose
Listing Name: 259 Acres Development Tract
Lot Acres Min: 259
Lot Acres: 259
Zoning: Berkeley - Flex1 - Agricultural
List Price/Acre: 73359.07
For Comp Purposes Only: No
Opt In to Crexi?: Yes

Contract Information

Listing Contract Date: 2024-06-25
Fixed Price or Range?: Fixed Price
Original List Price: 19000000
Tax Legal Description: Subdivision Lebanon Area Plat Book/Page G/10 T08:Berkeley County/Other

Land Related

Part of Planned Development?: No
In Flood Plain?: Yes

Status Change Info

Status Change Date: 2024-12-18
Under Contract Date: 2024-12-18
Contingent: Active Contingent
Contingency Reason: Due Diligence

Auction Details

Auction: No

More Information

Area and Location

Airports: Moncks Corner/Berkeley County Regional
Highway Access: State Road
Traffic/Vehicle Count: 10300

Directions & Remarks

Directions: From I-26 Take Jedburg Road to Hwy 176/State Road. Left on State Road and property is on the left.
Public Remarks: Prime opportunity for mixed-use development of nearly 260 acres in the ''Path of Progress'' approximately 1.5 miles from Cane Bay neighborhood. Cane Bay is one of the top 5 fastest growing planned communities in the US. The property is 2miles to Nexton, which is in the middle of the Cane Bay/Nexton/Jedburg/Camp Hall corridor and only 5 miles to I-26 and the Volvo campus. Traffic count on US 176 is 10,300 VPD. Contact listing agent regarding zoning and future development use potential. Frontage on US 176/State Road: 5,135 linear feet. Water at site; Sewer to be determined. House on property could serve as an office. Beautiful elevation change is impressive. House is occupied but could be a office of temporary site for development.

Property Sub Type

Agriculture: Yes
Special Purpose: Yes
Unimproved Land: Yes

Current Use

Agricultural: Yes
Pasture: Yes
Plantable: Yes
Residential: Yes
Tree Farm: Yes
Vacant: Yes

Soil Type

Loam: Yes
Sandy: Yes

Lot Features

Gentle Sloping: Yes

Road Frontage Type

Highway: Yes
State Road: Yes

Water Source

Public: Yes

Sewer

Septic Tank: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Property Features

Property Sub Type: Agriculture; Special Purpose; Unimproved Land Current Use: Agricultural; Pasture; Plantable; Residential; Tree Farm; Vacant Soil Type: Loam; Sandy Lot Features: Gentle Sloping Road Frontage Type: Highway; State Road Water Source: Public Sewer: Septic Tank Listing Terms: Cash; Conventional

Documents

Brochure ›

Listing Office: Ravenel Associates Real Estate

Last Updated: May - 23 - 2025

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