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Executive Summary

Poston Realty is pleased to present approximately 92.2 acres shown, totaling approximately 4,015,971 square feet, in the expanding Alligator Road residential corridor near Florence, South Carolina. The property is identified as the rear development area associated with TMS 00126-01-002 and is located near the 1200 Block of Alligator Road, Effingham, SC 29541.
The property’s reported NC-6.3 residential zoning provides flexibility for a variety of potential residential concepts. Possible uses may include detached single-family homes, townhomes, duplexes, multiplexes and conditional multifamily development. Additional possibilities may include a master-planned residential community, build-to-rent neighborhood, age-targeted housing or apartment development, depending upon site planning and applicable governmental approvals.
PROPERTY HIGHLIGHTS:
• Approximately 92.2 acres shown
• Approximately 4,015,971 square feet
• Reported NC-6.3 residential zoning
• Potential for single-family, townhome, duplex and multiplex development
• Conditional multifamily development potential
• Suitable for phased or master-planned residential development
• Located along an established and expanding residential corridor
• Approximately 10,200 vehicles per day reported along Alligator Road
• Convenient access to employment, shopping, healthcare and entertainment
• Substantial acreage for amenities, open space and multiple housing products
• Opportunity for homebuilders, multifamily developers and build-to-rent operators
The property is positioned near numerous established and expanding neighborhoods, providing a strong foundation for future housing demand. Its location offers convenient regional access to major food and retail destinations such as Food Lion, Walmart, Publix, Aldi, Target and Lowe’s. Additional area demand drivers include McLeod Health, MUSC Health, CVS Pharmacy, Walgreens, Regal Cinemas, Magnolia Mall and the Florence Center. These companies and destinations are referenced solely as regional amenities and do not imply tenancy, affiliation, endorsement or commitment.
The combination of substantial acreage, residential zoning and access to major services creates an opportunity to introduce multiple housing types within one coordinated development. A developer may consider a phased plan combining traditional single-family lots, townhomes, duplexes, multiplexes or other compatible residential products. Conditional multifamily development may provide additional density and flexibility, subject to the required review and approval process.
The site may appeal to national and regional homebuilders, apartment developers, build-to-rent sponsors, senior or active-adult housing developers and master residential developers seeking a significant position within the Florence-area housing market. The acreage may also provide room for community amenities, stormwater facilities, recreational areas, walking trails, open space and landscaped buffers, subject to engineering and governmental requirements.
The property is being marketed based upon the approximate development area shown on the accompanying aerial. Exact acreage, dimensions, boundaries, access, frontage and sale configuration are subject to survey, title review and an agreement acceptable to the property owner. Prospective purchasers should independently investigate zoning, density, permitted and conditional uses, wetlands, floodplain conditions, soils, drainage, utilities, roadway access, development standards and all applicable governmental approvals.
Pricing, offering terms, surveys and additional property information are available through Poston Realty.
POSTON REALTY
1407 West Evans Street
Florence, SC 29501
Office: 843-665-6262
Website: www.PostonRealty.net
All information is believed reliable but is not guaranteed. Acreage, measurements, traffic counts, zoning, utilities and development potential must be independently verified by the purchaser and the appropriate governmental authorities.

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
  • Lease Option
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 92.00 AC
Zoning NC - 6.3 - NC-6.3 permits detached and attached homes, duplexes, townhomes and multiplexes; multifamily allowed with conditions. www.PostonRealty.net

1 Lot Available

Lot

Lot Size 92.00 AC

±92.2 acres on Alligator Road near Florence, SC, zoned NC-6.3. Potential for single-family homes, townhomes, duplexes, multiplexes and conditional multifamily development, subject to approval. 10,200 VPD. www.PostonRealty.net

Description

Poston Realty is pleased to present a significant residential development opportunity consisting of approximately 92.2 acres shown, or approximately 4,015,971 square feet, within the expanding Alligator Road corridor near Florence, South Carolina. The advertised property represents the rear residential development area associated with Florence County Tax Map Number 00126-01-002, near the 1200 Block of Alligator Road, Effingham, SC 29541. The property’s NC-6.3 residential zoning provides flexibility for several housing formats. Potential development may include detached single-family homes, patio homes, duplexes, townhomes, attached residential units and multiplexes. Multifamily or apartment development may also be considered subject to applicable conditions, City review and governmental approvals. This substantial acreage offers an opportunity to evaluate a coordinated master-planned residential community with multiple housing products, price points and development phases. Potential concepts may include a traditional for-sale subdivision, townhome community, build-to-rent neighborhood, age-targeted or active-adult housing, small-scale multiplex development or a conditional multifamily community. PROPERTY HIGHLIGHTS: Approximately 92.2 acres shown Approximately 4,015,971 square feet NC-6.3 residential zoning Potential detached and attached residential uses Potential single-family, patio home and duplex development Potential townhome and multiplex development Conditional multifamily or apartment potential Suitable for phased or master-planned development Approximately 10,200 AADT reported on the applicable Alligator Road segment Positioned within an established and expanding residential corridor Convenient access to Florence-area shopping, healthcare, employment and entertainment Opportunity for regional or national homebuilders and residential developers The size and configuration of the advertised area may provide sufficient flexibility to incorporate several residential phases, community amenities, recreational areas, landscaped buffers, open space, walking trails and stormwater facilities. A developer could potentially evaluate multiple development programs before selecting the highest and best use for the property. The property is well positioned for homebuilders, master developers, build-to-rent operators, multifamily developers and age-targeted housing groups seeking a meaningful land position in the Florence market. The surrounding area contains established and expanding residential neighborhoods that may support continued demand for additional housing choices. Regional demand drivers include access to major grocery, retail and service providers such as Food Lion, Walmart, Publix, Aldi, Target, Lowe’s, CVS and Walgreens. Florence also serves as a regional healthcare and employment center supported by McLeod Health, MUSC Health and numerous related medical and professional services. Entertainment and community destinations include Regal Cinemas, Magnolia Mall and the Florence Center. The Alligator Road corridor provides connections to the broader Florence roadway network and nearby residential communities. South Carolina Department of Transportation data reports approximately 10,200 average daily vehicles on the Alligator Road segment between US 52 and South Knollwood Road for 2024. Florence City Council records identify TMS 00126-01-002 as containing NC-6.3 and CG zoning areas. This listing specifically markets the approximately 92.2-acre residential area shown on the accompanying aerial. The red marketing boundary and displayed measurements are approximate, are not a survey and should not be interpreted as final legal boundaries. Prospective purchasers and developers should independently verify the exact acreage, legal description, survey, title, access, frontage, easements, zoning boundaries, permitted and conditional uses, density, dimensional standards, wetlands, floodplain conditions, soils, drainage, stormwater requirements and environmental conditions. Water, sewer, electrical service, utility capacity, connection points, extension requirements and development costs should also be independently confirmed with the appropriate providers and governmental authorities. Final development potential will depend upon the selected housing type, engineering, gross-to-net developable acreage and all required subdivision, site-plan, land-disturbance and building approvals. Exact sale configuration, pricing, terms and available due-diligence materials may be obtained through Poston Realty. POSTON REALTY 1407 West Evans Street Florence, SC 29501 Office: 843-665-6262 Website: www.PostonRealty.net All information is believed reliable but is not guaranteed. Acreage, measurements, traffic counts, zoning, utilities, access and development potential must be independently verified by the purchaser. Company names and logos appearing in marketing materials are provided solely for regional context and do not imply tenancy, adjacency, affiliation, endorsement or development commitment.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41494005

  • Date on Market: 2026-07-30

  • Last Updated:

  • Address: 1420 block of Alligator Road, Effingham, SC 29541

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