For Sale
$1,500,000

5865 Octavia Ave Ravenel, SC 29470

Prime Ravenel location, 12-home park, development potential.

Overview

Added:
Feb 3
Days on market:
82
This exceptional 7.4-acre parcel presents a unique investment opportunity in the thriving Ravenel, South Carolina market. Currently operating as a manufactured home park with twelve existing residences, some of which have been established for over three decades, this property offers significant potential for redevelopment. The land is entirely cleared, providing immediate access for construction. Its strategic location offers convenient access to essential amenities. The property is situated just 1.5 miles from a Food Lion grocery store, ensuring residents have easy access to daily necessities. Furthermore, its proximity to Roper St. Francis Hospital, only 9 miles away, provides peace of mind and underscores the desirability of the location. Existing infrastructure further enhances the property's appeal. Ravenel sewer lines run along the rear of the property, while public water lines are readily available on Octavia Avenue, simplifying the connection process for future development. The property's zoning and potential uses should be verified independently with the relevant authorities. This is an ideal site for the construction of single-family homes or multi-family residential units, catering to the growing demand for housing in the area. The existing tenants should not be disturbed. This presents a rare chance to acquire a substantial land holding in a prime location with excellent infrastructure and strong potential for future growth. Serious inquiries only.

Property Details for 5865 Octavia Ave

Property type
Commercial real estate
Lot Size (sq. ft)
322,344 SF

Location Insight

City
Ravenel
County
Charleston
State
South Carolina
Latitude
32.77895
Longitude
-80.22812

FAQs

What type of property is this?
Commercial real estate - Prime Ravenel location, 12-home park, development potential.
Where is the commercial real estate located?
The property is located at 5865 Octavia Ave Ravenel, SC.
What is the asking price?
The asking price for this property is $1,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5865 Octavia Ave
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