304 Hoover ST Active

Hampton,SC 29924

$ 4500000

- Bed

- Bath

2498601 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 2,498,601 sqft

Price per Sqft $1

MLS Listing ID 31004053

Lot Size 57.360 Acres

Property Sub-Type Industrial

Property Description

Call Gil Bradham for Details - 843.532.1641https://www.crexi.com/properties/1646796/south-carolina-rail-system-junction-area-industrial-redevelopment-projectThis industrial redevelopment opportunity is perfectly positioned just 15 minutes from Exit 38 on I-95, offering excellent connectivity to the Ports of Charleston, SC, and Savannah, GA, as well as major aerospace hubs.Key Features:Aquifer on Site: A significant aquifer with a capacity of 330,000,000 gallons, capable of supplying the entire county, adding long-term value to the site.Redevelopment Potential: Ideal for industrial improvement, with engineering resources available to pre-design upgrades to the existing facility.Additional Income Sources: Take advantage of abandoned building tax credits, as well as potential income from recycling steel, brick, and Heart Pine materials.Rail Access: Junction of Palmetto and CSX Rail located on-site, with interest from Palmetto Rails to utilize the location as a rail yard, enhancing logistical capabilities.Tax Incentive: Enjoy a $20k per employee tax incentive, located in a Tier County that supports industrial job creation.This unique property offers endless redevelopment potential, significant logistical advantages, and attractive tax incentives, making it a high-value investment for developers and investors alike.

Location

State SC

County Hampton

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