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Under Contract!
Property Address:
Located on I-95 at US Hwy 278 in Hardeevillle, SC. Property adjoins
Coastal Carolina Hospital with frontage on Medical Center Drive
Property Description:
Property is a Planned Development
district allowing multiple uses including residential, retail, office,
commercial, entertainment, lodging and assisted living. The property can
support over 800,000 sq. ft. of retail space. The site can accommodate
multifamily development with a density of 16 units per acre. The 82.96
acre Gateway Tract contains 75.86 upland acres. The remaining 7 acres
contribute to the overall density.
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ABSOLUTE AUCTION
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82.96 Acre Island Gateway Tract
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NE Quadrant of I-95 & US 278
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Hardeeville, Jasper County, South
Carolina
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Fastest Growing Area in South
Carolina
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Gateway Exit to Hilton Head Island
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Approximately 15 miles to Hilton
Head
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Frontage & Excellent Visibility
on I-95
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Zoned PUD (Planned Development
District)
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Zoned and Entitled for:
Multifamily, Retail, Entertainment, Lodging, Office & Assisted
Living
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All Utilities Available
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Adjacent to Coastal Carolina
Hospital
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Property Access from Medical
Center Drive
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Jasper County Schools K-12 less
than ˝ mile from site.
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Water & Sewer Tap Prices locked
at 2002 prices
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No Impact Fees
The Hwy 278 corridor is the
gateway to Hilton Head Island via I-95 & US 278. The Carolina
Regional Hospital adjoins the site. Traditions, a 5,000 acre community
located just to the east of the site will have 9,500 homes. The Morgan
tract, located just across Hwy 278 from the site is an approved PUD
allowing 3,000 residential units. The Anderson Tract, located nearby on
the south side of US 278, is planned for 4,000 homes with some
commercial uses. The East Argent Tract, located nearby, has been
approved for 12,500 units.
Diligence information available for download. You will find links
to the documents in the upper right column of this webpage.
We are co-brokering this with:
Tom DeMint, CCIM
Sperry Van Ness
1540 Ford Island Rd, Suite 20B
Hilton Head, SC 29926
843-837-3754
Auction Location:
The auction will be held on Tuesday,
September 29th at 1pm at:
Holiday Inn Express
145 Independence Blvd. (US 278)
Hardeeville, SC 29927
843-784-2800
(Directions)
This is a new hotel located on US 278
on the opposite side of the interstate from the property.
Property Directions:
Location Map
(google
maps)
View Larger Map
Photos:
Click on Image To Enlarge:
Call for disclosure information &
bidding instructions.
Sperry Van
Ness/INTERSTATE AUCTION COMPANY
404-303-1232
John L. Johnson, Auctioneer
SCAL #2733
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All property
disclosure documents may not be available at this time.
Be sure to check back as auction documentation is added
frequently. |
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Financing Available to Qualified
Purchasers:
(Up to 70% of the Purchase Price)
Contact:
Paul Walter
Beach First National Bank
843-686-1540
pwalter@beachfirst.com
Note: There is no
contingency for financing in the Auction Purchase & Sale Agreement. This
is a cash sale. It is the purchaser’s responsibility to arrange
financing, if needed, and close within 45 days of the contract date.
Inspections:
Property may be inspected at any time or by appointment. Call Tom Demint,
CCIM: 843-837-3754.
Terms:
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10% buyer’s premium will be added to the high bid.
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high bid plus the buyer’s premium will be the
purchase price.
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down payment of $50,000 in certified funds or
cashier’s check payable to Interstate Auction
Company will be due at the conclusion of the
auction.
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high bidder must sign the Auction Purchase & Sale
Agreement with no changes.
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Closing must occur within 45 days.
See Terms &
Conditions / Bidder’s Affidavit for Additional Terms
Please see
additional Terms & Conditions, Auction Purchase & Sale
Contract and Addendum documents listed above. |
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