This listing is comprised of 4 contiguous parcels totaling 47.56 acres located at the intersection of Betsy Kerrison Parkway and River Road. This prime property is an approved Planned Development consisting of a commercial village with convenience retail and other supportive commercial office uses integrated with various allowed residential uses. Located at the gateway to Kiawah and Seabrook Islands, this development will ideally serve the Kiawah, Seabrook, and Johns Island community residents and visitors, the daily commuter traffic, and the impending residential growth of the `lower? areas of Johns Island. Connecting the 2 main thoroughfares for ingress and egress to the barrier islands, this intersection serves as the crossroads for commercial needs to and from Charleston and surrounding areas. The proposed `Sea Island Greenway? terminates just east of the intersection adjacent and/or on the project property. The location of this project is one of the most important factors in determining its value. This undeveloped intersection is the last commercial crossroads on this part of the island, and has been continuously recognized as such by the Charleston County Comprehensive Plan for the last 25 years. Travel distance to the next available commercial services is 8 to 12 miles depending on route. There are no similar commercial opportunities, and given the political nature of development on the island, it is highly unlikely that commercial zoning will occur on parcels that are not already identified as such. This project has been through several zoning public hearings and has never heard a single voice of opposition. Island residents and business owners are continuously inquiring when the development is coming and expressing the types of business they need and Ideal uses include convenience retail, quick food services, restaurants, gas, bank, pharmacy, hardware, boutique retail, medical office, clinics, traditional office space, flex space, senior living facilities or town-homes and apartments. Additionally, engineering of storm water drainage, grading, road, water and sewer systems has been completed. Charleston County engineers have reviewed the site infrastructure plans, as well as the South Carolina Department of Transportation (SCDOT) for encroachment permits. The construction permit for the wastewater treatment facility is currently being held by the South Carolina Department of Health and Environmental Control (SCDHEC), the state regulatory agency. Much more information available upon confidential request. Tax Map #'s 202-00-00-073, 202-00-00-174, 215-00-00-086, 215-00-00-008
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Other Residential located at 0 Betsy Kerrison Pkwy, Johns Island, SC 29455 is currently for sale.
0 Betsy Kerrison Pkwy is listed for $6,495,000.
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