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Theresa Dr - Meritage Apts & Townhomes 2.63 Acres of Residential Land Offered at $2,442,860 CAD in James Island, SC 29412

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INVESTMENT HIGHLIGHTS

  • Minutes to Charleston Peninsula and MUSC's Hospital District
  • 2.63 Acres
  • (16) 3-Bedroom Build-To-Rent Townhome Project

EXECUTIVE SUMMARY

Oswald Cooke & Associates is excited to present partially entitled, build-to-rent townhome development opportunity minutes from the Charleston Peninsula and MUSC’s hospital district. This 2.63-acre parcel, situated just off Harborview Road and only 2.3 miles from the Charleston Peninsula, is approved for the construction of 16 three-bedroom townhomes. Zoned DR-1 within the City of Charleston, the property benefits from a prime location with marsh views in the vibrant triangle formed by the James Island Connector, Harborview Road, and Folly Road. Nearby, you'll find major national retailers such as CVS, Harris Teeter, Arby’s, McDonald’s, Wendy’s, Lowe’s, IHOP, Chick-fil-A, and more. Site is minutes to the bridge crossing to MUSC’s main campus and hospital district. This development will be ideal for medical residents and professionals. With limited remaining development opportunities on the island, this is a rare and exceptional prospect you won’t want to miss!

PROPERTY FACTS

Price $2,442,860 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 2.63 AC
Zoning STR & DR-1

1 LOT AVAILABLE

Lot

Price $2,442,860 CAD
Price Per AC $928,844.13 CAD
Lot Size 2.63 AC

Partially entitled, build-to-rent townhome development opportunity minutes from the Charleston Peninsula and MUSC’s hospital district. 2.63-acre parcel, (16) 3-Bedroom Townhome Project. DRB approval April 2025. TRC approval expected Q4 2025.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
424-10-00-030
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$80,376 CAD
  • Listing ID: 35079038

  • Date on Market: 2025-03-10

  • Last Updated:

  • Address: Theresa Dr, James Island, SC 29412

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