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25 Old Jericho Road, Beaufort

Strategic ±5.137-acre redevelopment opportunity zoned T5-UC/RMX within the City of Beaufort, positioned between Parris Island Gateway and Highway 170 on Old Jericho Rd. This five-parcel assemblage's zoning allows for a broad range of permitted uses including multifamily, single-family, retail, office, and other commercial concepts, with light industrial or manufacturing offered as conditional uses. Property was preliminary approved for an affordable housing tax credit development; full set of plans in hand. Parcels currently contain multiple single family houses and mobile homes, which are in month-to-month leases. Water, sewer, electricity, and gas are already on-site, and topography is relatively level. At the current asking price, the property offers a compelling value proposition.

Strategic ±5.137-acre redevelopment opportunity zoned T5-UC/RMX within the City of Beaufort, positioned between Parris Island Gateway and Highway 170 on Old Jericho Rd. This five-parcel assemblage's zoning allows for a broad range of permitted uses including multifamily, single-family, retail, office, and other commercial concepts, with light industrial or manufacturing offered as conditional uses. Property was preliminary approved for an affordable housing tax credit development; full set of plans in hand. Parcels currently contain multiple single family houses and mobile homes, which are in month-to-month leases. Water, sewer, electricity, and gas are already on-site, and topography is relatively level. At the current asking price, the property offers a compelling value proposition.

25 Old Jericho Road, Beaufort

Courtesy of Principal Advisors, from Lowcountry Regional MLS.

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