For Sale
$1,500,000

5865 Octavia AveRavenel, SC 29470

Prime Ravenel land, ideal for residential development.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 7.4-acre parcel in Ravenel, South Carolina, presents a unique investment opportunity. Currently operating as a 12-home manufactured home park, the property offers significant potential for redevelopment. The land is entirely cleared and boasts convenient access to essential amenities. Ravenel sewer lines run along the property's rear boundary, while public water lines are readily available on Octavia Avenue. The existing manufactured homes, some of which have been on the site for over 30 years, are currently occupied; potential buyers are urged to respect the privacy of the tenants and refrain from disturbing them. This strategic location provides easy access to daily necessities, with a Food Lion supermarket just 1.5 miles away and Roper St. Francis Hospital a short 9-mile drive. The property's zoning and potential uses should be verified independently with the relevant authorities. The asking price for this exceptional development opportunity is $1,500,000. This represents a compelling investment in a rapidly growing area with strong potential for future appreciation. The address is 5865 Octavia Ave, Ravenel, SC 29470.

Highlights

  • $1,500,000 asking price.
  • 7.4-acre cleared lot currently operating as a manufactured home park.
  • Suitable for single-family or multi-family development.
  • Ravenel sewer lines at rear; public water on Octavia Ave.
  • Currently contains 12 homes; do not disturb tenants.
  • 1.5 miles to Food Lion; 9 miles to Roper St. Francis Hospital.

Property Details for 5865 Octavia Ave

Property type
Specialty properties

Location Insight

City
Ravenel
County
Charleston
State
South Carolina
Latitude
32.777661
Longitude
-80.227811
5865 Octavia Ave, Ravenel, South Carolina

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5865 Octavia Ave
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