Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Central location at gateway to western York County. Street level on four-lane divided highway connecting I-77 and I-85. Not in a flood plain.

Executive Summary

27 ACRES +/- WITH 460 FEET +/- OF FRONTAGE ON SC 5
NOT IN A FLOOD ZONE
For Sale
For sale in whole or in part are 27 acres +/- that consist of two adjacent parts: All of Tax Parcel 3510000005, which is approximately 19.8 acres with frontage on South Carolina Route 5 (“SC 5”) of approximately 460 feet and, in addition, approximately 8 acres of Tax Parcel 3510000004 (together, the “Property”). See the photo with the 8 acres marked with red stripes. At sellers’ discretion, additional acreage from Tax Parcel 3510000004 might be available. Serious inquiries are welcome.
Location
SC 5, the Alexander Love Hwy, separates the City and the County. The Property is located on the York County side of SC 5. On the other side of SC 5 is the City of York. No portion of the Property is in a flood zone. Compare nearby properties on SC 5 which often are in a flood plain and frequently flood.
SC 5 is a five-lane divided highway that connects I-77 and I-85. Tax Parcel 3510000005 is unimproved and has no street address. Tax Parcel 3510000004 includes a residence and outbuildings and is at 394 Alexander Love Hwy West. (GPS at times erroneously directs drivers one mile away to 394 Alexander Love Hwy East.)
The modern York Comprehensive High School, which serves all of western York County, is on SC 5 only one-half mile away. The Property is two miles from historic downtown York; 30 miles from Charlotte International Airport; 35 miles from downtown Charlotte, NC; 13 miles from both Rock Hill, SC and unincorporated Lake Wylie, SC; and 11 miles from the Kings Mountain state and national parks. Thomas Jefferson called the Battle of Kings Mountain in 1780, where the “Overmountain Men” defeated the British, the turning point in the Revolutionary War. Recently, the Battle of Kings Mountain was featured on the Starz Outlander series. The Property is suitable for offices, light industry, a hospital/medical center, a hotel, retail, housing, a campus or a combination.
Utilities
Anticipating development of the Property, the York County Natural Gas Company has approved extending a 2-inch natural gas line crossing Tax Parcel 3510000005 and ending on Tax Parcel 3510000004. The extension will be laid on the SC 5 right-of-way between Wesley Amaker Road and the residence. Sellers are informed that a 2-inch gas line is more than adequate to service future development on the Property. Sellers have paid their share of the cost of the extension, and construction should start soon.
A City 16-inch waterline runs on the City side of SC 5, with a hydrant opposite the Property. A City sewage line reaches the nearby York Comprehensive High School and Abrial Ridge, a housing development off Lincoln Road just across SC 5 from the High School. Check with the County and the City for updated data about water and sewage service.
Incentives
The City of York has an Incentive Program that provides for “reimbursements of up to 100% of the cost of installation of public infrastructure, “i.e.: water/sewer lines, street lighting.” City Ordinance 17-590 authorizes an Economic Development Incentive Program that “encourages private investment and/or the creation/retention of jobs” within the “Gateway Corridor Overlay District.” The Property is within the City’s “Future Gateway Corridor.” See the City of York Official Zoning Map, which shows where the Future Gateway Corridor reaches across SC 5 to include the Property. The Incentive Program applies to land “upon annexation.” Check with the County and City for additional incentives and streamlining, particularly in view of the recent 21st Century ROAD to Housing Act.
The residence aside, the Property currently is taxed as a timber farm at $1.00 per acre. The County attributes one acre to the residence, which is taxed at regular rates. A purchase of timber acreage, if properly structured, could be taxable at $1.00 per acre. The County Assessor’s website explains the timber tax, how to apply for it, and the requirements.
Duke Energy Easement.
A 150-foot-wide easement for a Duke Energy electric power line crosses the Property. Subject to approval by Duke Energy, the land subject to the easement may be used, for example, for recreation, parking, gardening or a dog park, and otherwise as green space. Any fence crossing the easement must have a 16-foot gate with a Duke Energy lock and, if desired, an owner's lock.
A Beautiful Natural Setting
The Property is beyond beautiful. Fishing Creek crosses the Property; it appears on the earliest maps and is well known. At the Battle of Fishing Creek in the Revolutionary War the British prevailed. The Property also includes striking old-growth timber, meadows and a pond. Prospective homeowners will be attracted to residing elegantly, privately and conveniently along Fishing Creek, among the old-growth timber and near the spring-fed pond. The pond is separate from Fishing Creek, and beavers have enlarged the pond beyond its otherwise smaller natural area. An emerging wetland at the spring is the origin of the pond. This is an ideal setting for marketing a development as, for example, “The Sanctuary at Fishing Creek.” Although it is not sellers’ objective, if a buyer requires all 47 acres of the two tax parcels with approximately 1,000 feet of combined frontage on SC 5, sellers will consider serious offers.
The Property is the keystone for access of surrounding properties to SC 5 and is at the center of the Charlotte metro area’s rapid and extensive expansion around the City of York.
For more information please see:
The County Geographic Information System at https://www.yorkcountygov.com/234/GIS.
The County Staff Directory at https://www.yorkcountygov.com/Directory.aspx
The City Staff Directory at https://www.yorksc.gov/directory
All information to be verified during due diligence.
Offers must be accompanied by proof of funds issued by a recognized financial institution with an office located within the United States.

Property Facts

Price $1,467,128 - $5,098,270 CAD
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Residential
Proposed Use Commercial
Total Lot Size 27.80 AC
No. Stories 1
Zoning RMX20 - County zoning is mixed residential. If annexed by the City, zoning is to be determined.

2 Lots Available

Lot 3510000004

Price $1,467,128 CAD
Price Per AC $183,391.00 CAD
Lot Size 8.00 AC

This parcel is +/- 27 acres, of which +/-8 acres are for sale. The address is 394 Alexander Love Hwy W.

Lot 3510000005

Price $3,631,142 CAD
Price Per AC $183,391.00 CAD
Lot Size 19.80 AC

This parcel is 19.8 acres. The address is 000 Alexander Love Hwy, York, SC 29745. Owned by Sea2Sea, Inc., which is owned by Robert Duffy.

Description

See sale notes.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 3510000004
  • 3510000005
Land Assessment
$1,559 CAD
Improvements Assessment
$13,847 CAD
Total Assessment
$15,406 CAD
  • Listing ID: 35177975

  • Date on Market: 2025-03-18

  • Last Updated:

  • Address: 000-394 W Alexander Love Hwy, York, SC 29745

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}