00 Fivel Lane, Ridgeville, SC, 29472 | $4,250,000

Welcome to an unparalleled real estate opportunity in the thriving community of Ridgeville, South Carolina. This expansive Flex-1 zoned property offers a visionary development canvas. Strategically positioned within an area renowned for its excellent school district, proximity to major industrial hubs, and easy access to the vibrant city of Charleston, it combines convenience, growth potential, and quality of life. The property boasts nearly 4, 000 feet of road frontage along Fivel Ln, a frontage road parallel to the highly trafficked I-26, providing exceptional visibility and accessibility. This prime location is ideal for various development projects, whether a residential community, a mixed-use development, or a thriving enterprise. This Ridgeville property represents a rare opportunity for developers and investors. With flexible zoning, a strategic location near major highways and industrial hubs, designation as an Opportunity Zone, and proximity to top-rated schools, it offers a versatile and promising foundation for a wide range of projects. Imagine the possibilities: a thriving residential community, a bustling flex space, or a harmonious blend of both, all set against South Carolina's natural beauty and rich cultural heritage. By seizing this opportunity, you can create a landmark development that meets market demands, enhances the quality of life for future residents, and contributes to Ridgeville's ongoing growth and prosperity. Just a short drive away, the historic and culturally rich city of Charleston offers myriad opportunities for work, leisure, and education. Known for its charming architecture, world-class dining, and vibrant arts scene, Charleston is a significant draw for potential residents and businesses. Situated less than 10 minutes from the property, the major industrial hubs of Volvo and Camp Hall Industrial Commerce Park host leading corporations and offer a substantial employment base. The proximity to these centers ensures a steady demand for residential and commercial spaces, making this property a lucrative investment. Located within a designated Opportunity Zone, this property benefits from significant tax incentives aimed at encouraging long-term investments in economically distressed areas, providing substantial financial benefits and enhancing your development project's overall appeal. Act now to explore this unparalleled development opportunity. Contact us today to learn more about the property, arrange a site visit, and discuss your vision for its future. Together, we can transform this prime piece of real estate into a vibrant and successful development that stands the test of time.

Features

  • Zoning: Other
  • Development: 75 - Cross, St.Stephen, Bonneau, Rural Berkeley Cty
  • Lot Desc: 10+ Acres, Wetlands, Wooded
  • Elem. School: Cane Bay
  • Middle School: Cane Bay
  • High School: Cane Bay High School
  • MLS#: 24014339
  • Days on Market: 312 days
  • Website: https://www.raveis.com
    /prop/24014339/00fivellane_ridgeville_sc?source=qrflyer
Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Karen KestenSales Associate

860.918.1555

Karen.Kesten@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brian KellyInsurance Sales Director, William Raveis Insurance

860.655.6934

Brian.Kelly@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

00 Fivel Lane, Ridgeville, SC, 29472

$4,250,000

Karen Kesten

Sales Associate

William Raveis Real Estate

Phone: 860.918.1555

Karen.Kesten@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,400,000 $3,400,000 $3,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.109% 6.764% 6.581%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,212 $21,771 $29,385
Total Monthly Payment $21,337 $21,896 $29,510

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.