For Sale
$3,750,000

892 Lugenia LnWalterboro, SC 29488

30 Acres, Lakefront, High Growth

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 30-acre property presents a unique investment opportunity in Walterboro, South Carolina. Strategically located on both sides of I-95 at exit 68, providing convenient access to SC 61, this land offers unparalleled potential for diverse development. The site is approximately 17 miles from the I-95/I-26 interchange, enhancing regional connectivity. The southern portion encompasses approximately 2 acres adjacent to a man-made lake on Echo Lane, while the northern section features roughly 28 acres on Lugenia Lane. Currently zoned RD-2 in Colleton County, the property allows for agricultural uses, rural residential development, and low-intensity supporting commercial uses. Its location within an Opportunity Zone presents significant tax advantages, stimulating economic development and job creation. The proximity to a new battery plant employing over 600 workers further enhances the property's value and potential for attracting businesses and residents. This prime location makes it opportune for retail, office, and hospitality development, capitalizing on the area's growth trajectory. The asking price is $3,750,000.

Highlights

  • 30-acre development site in Walterboro, SC, strategically located on both sides of I-95 at exit 68.
  • Convenient access to SC 61 and proximity to the I-95/I-26 interchange.
  • Comprises two parcels: ~2 acres on Echo Lane near a lake and ~28 acres on Lugenia Lane.
  • RD-2 zoning allows for agricultural, rural residential, and low-intensity commercial uses.
  • Located in an Opportunity Zone, offering significant tax advantages.
  • Near a new battery plant employing over 600 workers.

Property Details for 892 Lugenia Ln

Property type
Land, Farms
Lot Size (sq. ft)
1,306,800 SF

Location Insight

City
Walterboro
County
Colleton
State
South Carolina
Latitude
32.8656408
Longitude
-80.6770787
892 Lugenia Ln, Walterboro, South Carolina

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892 Lugenia Ln
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