2699 N Highway 17 5.95 Acres of Commercial Land Offered at $2,763,989 CAD in Mount Pleasant, SC 29466

Rare prime development opportunity in Mt. Pleasant consisting of 5.95 acres along Highway 17 North with 481' of frontage. Located directly across from the Brickyard Plantation entrance with an average daily traffic count of 50,484 VPD. The subject property is currently in the County and would need to be annexed into the Town of Mount Pleasant in order to receive sewer service. The site is within the Village Commercial Area section of the Sweetgrass Overlay District adopted by Charleston County and the Town of Mount Pleasant. The town recognizes the site as a commercial property and could be zoned AB. There is a maximum building size per developable acre in this village commercial area of 10,000 SF enabling a total of nearly 60,000 SF to be developed over 6 buildings. Larger buildings would require a variance. Good potential uses in Mt. Pleasant's AB zoning include office, medical office, retail, assisted living, entertainment, animal care, restaurants, event venues, R&D, Flex space, senior housing, civic uses, schools, et al. Listing agent believes workforce housing would receive a strong consideration. The site contains 2.8 acres of non-jurisdiction freshwater wetlands and 3.15 acres of highland, it was concluded that the site does not contain any aquatic resources subject to Corps' jurisdiction and may be filled with the purchase of mitigation credits estimated to be $85,000 per acre. The owner's AJD letter is valid for five years, expiring in January 2029. 4.55 AC adjacent property for sale. Can assemble over 10 acres.