Residential Development (34.96 +/- Acres) LIHTC Qualified

101 Hillbrook Lane, Newberry, SC 29108

  • For Sale $1,730,000
  • Property Type VacantLand
  • Lot Size 34.96 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 1, 2024
The land is adjacent to the local high school (Newberry High) and the school district office on the city's eastern side. It is two miles from Interstate 26 and three miles from downtown. Newberry is situated between two major MSAs in the Central/Piedmont area of South Carolina, 43 miles northwest of Columbia and 65 miles southeast of Greenville. Interstate 26 (I-26) is a main route of the Interstate Highway System in the Southeastern United States. Nominally east-west, I-26 runs from Kingsport, Tennessee, generally southeastward to Charleston, South Carolina.Explore the potential of this prime real estate opportunity and discover the thriving business landscape of Newberry, SC, where the property is located. This vibrant community offers a perfect balance of small-town charm, culture, and modern amenities, making it an ideal location for prospective land or residential developers/investors. The nearby Newberry Opera House and the downtown district's specialty shops and dining establishments contribute to the area's allure. Boasting an R-8 zoning designation for Medium Density Residential use, the property presents an ideal canvas for residential development possibilities. Its strategic location, convenient access to major transportation routes, and strong local economy provide a captivating blend of convenience and desirability, making it an appealing prospect for land and residential investors as it provides an inviting environment for potential residents. Experience the appeal of Newberry and envision the potential for your investment in this dynamic location. The land is located in a qualified Non-Metro Difficult Development Area under the US Department of Housing and Urban Development for LIHTC. The site will convey with complete construction plans for an 83-lot development.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Zoned R-8 for Medium Density Residential development
  • Qualifies for LIHTC as a Non-Metro DDA
  • Traffic Impact and Access Study has been completed
  • Complete Construction Plans will convey
  • Located between two major MSAs (Columbia, SC and Greenville, SC)
  • Located right off of Main St/Hwy 219 adjacent to Newberry High School and the school district office
  • Population Growth by Census projected at 2x national average

Contacts

broker

Robert (Bobby) Moss

eXp Commercial

Location

Getting Around

  • Walk Score ®

    8/100 Car-Dependent
  • Bike Score ®

    10/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Newberry, SC
  • Zip Code 29108

Points of Interest

  • BP

    0.53 miles

  • Murphy USA

    1.15 miles

  • Shell

    1.26 miles

  • 76

    1.72 miles

  • Fast Stop

    2.18 miles

  • Livingston's

    2.56 miles

  • Citgo

    2.82 miles

  • Quality Inn

    1.30 miles

  • Budget Inn

    1.46 miles

  • Holiday Inn Express

    1.72 miles

  • Days Inn

    1.75 miles

  • Hampton Inn Newberry-Opera House

    2.88 miles

  • Burger King

    0.57 miles

  • Papa John's

    0.76 miles

  • Waffle House

    0.80 miles

  • Wendy's

    1.01 miles

  • KFC

    1.01 miles

  • China Town

    1.04 miles

  • Tokyo Grill

    1.05 miles

  • Irene's of Newberry

    1.06 miles

  • Bojangles'

    1.06 miles

  • El Poblano

    1.09 miles

  • Newberry County Career Center

    0.24 miles

  • Newberry High School

    0.43 miles

  • Piedmont Technical College

    1.80 miles

  • Boundary Street Elementary School

    2.55 miles

  • Newberry College

    2.70 miles

  • Center for Teacher Education (CTE)

    2.84 miles

  • Drayton Street School

    2.84 miles

  • Speers Street School and Grounds

    2.85 miles

  • Gallman Elementary School

    3.06 miles

  • Newberry Elementary School

    3.10 miles

  • Kids Unlimited of Prosperity

    4.85 miles

Frequently Asked Questions

How much does Residential Development (34.96 +/- Acres) LIHTC Qualified cost?

The space currently listed for sale at Residential Development (34.96 +/- Acres) LIHTC Qualified asks for $1,730,000.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Robert (Bobby) Moss

eXp Commercial