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E. Hampton Ave & Holland Hill Rd
Laurens, SC 29360

Infill Multifamily Development Site · Land For Sale · 6.62 AC

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Investment Highlights

Additional contiguous acreage totaling +/-3.43AC possibly available for expansion of site
Initial conversations with City leaders suggest potential for incentive negotiations in Laurens County

Push for rental housing by the City of Laurens is part of community enhancement plan to increase walkability and density, along with pedestrian-friend
Site adjacent to proposed Swamp Rabbit Trail extension and nestled along Little River, a fork of the Reedy River

Executive Summary

Unique opportunity to be the first multifamily project in the city, meeting a need for workforce housing underlined by high rental demand and low supply. City of Laurens is moving forward with Connecting Laurens, a community enhancement plan including public parks, expanded sidewalks, and Swamp Rabbit Trail extension.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior
No. Lots	1	Total Lot Size	6.62 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior
Total Lot Size	6.62 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$1,580,095 CAD	Lot Size	6.62 AC
Price Per AC	$238,685.05 CAD

Price	$1,580,095 CAD
Price Per AC	$238,685.05 CAD
Lot Size	6.62 AC

Offering includes 6.62 acres in Opportunity Zone available for multifamily development with full support of the City.

Description

Site less than half a mile to walkable Downtown Laurens and recently-redeveloped County Square with access to restaurants and shops.

PROPERTY TAXES

Parcel Numbers	Multiple 906-12-04-001 906-12-04-066	Improvements Assessment	$0 CAD
Land Assessment	$14,839 CAD	Total Assessment	$14,839 CAD

PROPERTY TAXES

Parcel Numbers

Multiple

906-12-04-001
906-12-04-066

Land Assessment

$14,839 CAD

Improvements Assessment

$0 CAD

Total Assessment

$14,839 CAD

zoning

Zoning Code	R-3 (Residential District)
R-3 (Residential District)

Listing ID: 28210572
Date on Market: 2023-04-12
Last Updated:
Address: E. Hampton Ave & Holland Hill Rd, Laurens, SC 29360

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