Representing the purchaser, H.B. Springs Co. Real Estate closed on the sale a 34.00 acre parcel suitable for residential community development.
Situated on El Bethel Rd between US Highway 501 and SC Highway 378, the company performed site acquisition and due diligence functions to include re-zoning, preliminary engineering, market study evaluation and preliminary entitlement verifications.
The site received high ratings with the purchaser whose plans include 91 single family home sites with average lot dimensions of 52 ‘x 110’. A portion of the site is reserved for future development as multi-family. curb and gutter. Permitting in process, delivery of parcel to include all entitlements.
Aldi, Wal-Mart together with complementary retail and restaurant facilities are within .60 miles of this planned neighborhood.
For details of this transaction or to discuss land sales, development opportunities, entitlement and due diligence issues either as a landowner or developer, contact T. Van Davenport.