Land For Sale • 19.77 AC
Site Conditions: • Current elevation: 0–2 ft; fill requirement for vertical is 10 ft with less fill needed for surface parking and streets or podium structures. • The warehouse that was located on this property has been removed leaving only a clean slab behind. • Typical coastal soil conditions will require significant upfront site work typical for coastal developments in this area. • Phase I LDP permit already issued to help maintain drainage, and utilities to the site are available. Sale Notes: • The land is offered "as-is" with short due diligence & closing periods and only timing contingency is conceptual site plan approval. • Pricing guidance is contingent on favorable terms; timing, deposits, commitments. • The seller's preference is to sell the entire acreage to a single buyer, but will consider subdividing depending on the terms offered.
| Adjacent to historic district, but exempt from its development restrictions, with direct access to its iconic tree-lined Oglethorpe Avenue. |
| Strong city support demonstrated by successful rezoning, executed Development Agreement, and past site plan approvals for high-density multi-family. |
| Access; two signalized intersections, two right-in/right-outs, and the city's planned extension of General McIntosh Blvd across East President Street. |
| The western 3.5 acres are enrolled in the Brownfield program, and the entire property sits within a Federal Opportunity Zone. |
| No wetlands and no onsite water detention required as storm water can drain directly into Bilbo Canal, and no flood plain removal mitigation cost. |
| Publix grocery recently permitted directly across the street in Eastern Wharf's development, and nearby multi-family rents trending around $3/SF. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 10 min | - | 4.4 mi | |
| Airport | Drive | Walk | Distance |
| Savannah/Hilton Head International | 20 min | - | 10.7 mi |
| Hilton Head | 61 min | - | 38.3 mi |