ABSOLUTE AUCTION! 83 Acre Mixed-Use Hilton Head Island Gateway Tract I-95 at US-278 (exit 8)

Hardeevillle, South Carolina

 

Under Contract!

 

Property Address: Located on I-95 at US Hwy 278 in Hardeevillle, SC. Property adjoins Coastal Carolina Hospital with frontage on Medical Center Drive

 

Property Description:

Property is a Planned Development district allowing multiple uses including residential, retail, office, commercial, entertainment, lodging and assisted living. The property can support over 800,000 sq. ft. of retail space. The site can accommodate multifamily development with a density of 16 units per acre. The 82.96 acre Gateway Tract contains 75.86 upland acres. The remaining 7 acres contribute to the overall density.

  • ABSOLUTE AUCTION

  • 82.96 Acre Island Gateway Tract

  • NE Quadrant of I-95 & US 278

  • Hardeeville, Jasper County, South Carolina

  • Fastest Growing Area in South Carolina

  • Gateway Exit to Hilton Head Island

  • Approximately 15 miles to Hilton Head

  • Frontage & Excellent Visibility on I-95

  • Zoned PUD (Planned Development District)

  • Zoned and Entitled for: Multifamily, Retail, Entertainment, Lodging, Office & Assisted Living

  • All Utilities Available

  • Adjacent to Coastal Carolina Hospital

  • Property Access from Medical Center Drive

  • Jasper County Schools K-12 less than ˝ mile from site.

  • Water & Sewer Tap Prices locked at 2002 prices

  • No Impact Fees

The Hwy 278 corridor is the gateway to Hilton Head Island via I-95 & US 278. The Carolina Regional Hospital adjoins the site. Traditions, a 5,000 acre community located just to the east of the site will have 9,500 homes. The Morgan tract, located just across Hwy 278 from the site is an approved PUD allowing 3,000 residential units. The Anderson Tract, located nearby on the south side of US 278, is planned for 4,000 homes with some commercial uses. The East Argent Tract, located nearby, has been approved for 12,500 units.

Diligence information available for download. You will find links to the documents in the upper right column of this webpage.

We are co-brokering this with:

Tom DeMint, CCIM
Sperry Van Ness
1540 Ford Island Rd, Suite 20B
Hilton Head, SC 29926
843-837-3754

 

Auction Location:

The auction will be held on Tuesday, September 29th at 1pm at:

Holiday Inn Express
145 Independence Blvd. (US 278)
Hardeeville, SC 29927
843-784-2800

(Directions)

This is a new hotel located on US 278 on the opposite side of the interstate from the property.

 


Property Directions:

Location Map (google maps)


View Larger Map
 

 

Photos:

Click on Image To Enlarge:

   

 


Call for disclosure information & bidding instructions.

Sperry Van Ness/INTERSTATE AUCTION COMPANY

404-303-1232


 

John L. Johnson, Auctioneer  SCAL #2733

 

Terms and Conditions / Bidder Affidavit

Auction Purchase and Sale Agreement

Broker Registration Form 

Auction Brochure

Capacity Study
Coastal Land documents
Declaration of Covenants, Easements and Restrictions
Demographics
Exhibits
Fiscal Impact Analysis
Future Land Use EDITS
Legal Description
Location Map
Eagle Eye View plus Map and Directions on Bing.com
Plat
Recorded Deed
Site Plan
Survey - Wetland
Zoning Approval
Zoning Approval Exhibits
Title Policy
Environmental Report
Inspection Letter

All property disclosure documents may not be available at this time. Be sure to check back as auction documentation is added frequently.

Financing Available to Qualified Purchasers:
(Up to 70% of the Purchase Price)
Contact:
Paul Walter
Beach First National Bank
843-686-1540
pwalter@beachfirst.com

Note: There is no contingency for financing in the Auction Purchase & Sale Agreement. This is a cash sale. It is the purchaser’s responsibility to arrange financing, if needed, and close within 45 days of the contract date.

Inspections:
Property may be inspected at any time or by appointment. Call Tom Demint, CCIM: 843-837-3754.

Terms:

  • A 10% buyer’s premium will be added to the high bid.
  • The high bid plus the buyer’s premium will be the purchase price.
  • A down payment of $50,000 in certified funds or cashier’s check payable to Interstate Auction Company will be due at the conclusion of the auction.
  • The high bidder must sign the Auction Purchase & Sale Agreement with no changes.
  • Closing must occur within 45 days.

See Terms & Conditions / Bidder’s Affidavit for Additional Terms

 


Please see additional Terms & Conditions, Auction Purchase & Sale Contract and Addendum documents listed above.

 

Please check back frequently for changes.

Any and all information contained on the site is subject to changes and corrections, and that it is the prospective purchaser's responsibility to verify that he/she has the most current information.

Interstate Auction Home

 

Interstate AuctionŽ Company is a national auction affiliate of:

 

INTERSTATE AUCTIONŽ COMPANY, 1100 Johnson Ferry Road, Suite 588, Atlanta 30342 GAL#1966, NC#5642 , SCAL #2733, 404-303-1232  Fax: 404-303-7997

 email:  info@interstateauction.com