For Sale
$1,500,000

5865 Octavia Ave Ravenel, SC 29470

Prime Ravenel land, ideal for residential development.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
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

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FAQs

What type of property is this?
Specialty property - Prime Ravenel land, ideal for residential development.
Where is the specialty property 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.
What are key features of this property?
This property features: $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.
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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Contacts

Roddy Matthews
Visit Broker Website

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Octavia Ave
Ravenel, SC 29470

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Octavia Ave
Ravenel, SC 29470

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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5865 Octavia Ave
  • Roddy Matthews
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