Includes property at 279-00-00-312. Total of 5.75 acres with 500 feet of frontage on Maybank Hwy. Commercial lot capable of nearly any business. This lot is not only long but deep as well. Zoned CC which is very liberal in its possible applications. Nearly any retail or food service allowed, along with offices, high density housing, even gas stations. Large enough to allow for high square footage buildings and still allow for parking. Lot currently has 24 trailers, a duplex, and feed store (2815 sq ft) renting for current property owners. Seller claims an additional 12 trailers can be brought in to the property. This can allow new owners to offset the acquisition costs until they are ready to build. This land may be worth much more once 526 is completed and Johns Island Plan is put into effect. Sellers do not want to wait. Current owners would prefer to sell both lots together but may consider offers on one single property if presented. Current rent brings in around $156,000 gross annually, averaged over the last 2 years. Tax records for last two years show a net average of $118,000. Sellers do not pay insurance or management fees.
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