STRATHMORE DEVELOPMENT Jedburg Rd, Summerville, SC 29483

Transcription

1 WETLANDS COMMERCIAL LOTS FOR SALE UNDER CONTRACT G POND RETENTION F H E D UNDER CONTRACT FUTURE HOME OF Jedburg Rd Drop Off Dr EXIT 194 on I-26 Drop Off Dr Jedburg Rd STRATHMORE DEVELOPMENT Jedburg Rd, Summerville, SC 29483

2 PROPERTY OVERVIEW LOT ACREAGE SALES PRICE A 1.93 SOLD B 1.06 SOLD C 1.23 SOLD D 1.22 $ 305,000 E 1.17 $ 292,500 F 1.15 $ 287,500 G 1.52 $ 380,000 H 4.11 $ 1,027,500 I UNDER CONTRACT TMS FRONTAGE LOCATION Frontage on I-26 available (certain parcels) Within Jedburg Road Improvement District Close to TBC 1,100,000SF project Near new Volvo Plant in Berkeley County Perfect Location Surrounded by prime neighborhood development Immediate access to I-26 at exit 194. Manufacturing Growth New growth is visible by recent annoucements from Boeing, Daimler Vans and Volvo. Port Deepening Port of Charleston s harbor is being dredged to 52, increasing local areas growth rate. LAND DESCRIPTION TRAFFIC LIGHTS Fully Entitled with PUD in place Lighted Intersection HIGHWAY ACCESS Immediate access to I-26 *Parcel lot lines are not recorded and can be changed to suit buyers needs. Contact agent for details. ZONING PD-BC

3 PROPERTY AERIAL STRATHMORE DEVELOPMENT DISTANCE TO: TBC Summerville <4 miles Nexton Develpment <6 miles New Volvo Plant <13 miles Mercedes Benz/Daimler <14 miles Norfolk Southern <20 miles Boeing <20 miles Charleston International Airport <21 miles North Charleston Terminal <23 miles Fruit of the Loom Southeastern Freight Lines Omni Commerce Park Husqvarna Construction Jedburg Commerce Park Kenco Management H&E Equipment

4 AERIAL TOWARD Future Volvo Assembly Plant EXIT 194 on I-26 Jedburg Commerce Park Omni Commerce Park Charleston Trade Center Rockefeller Commerce Park UNDER CONSTRUCTION: Sheep Island Interchange Future Town Center Parks at Berkeley Carnes Crossroads Master Planned Community: Up to 4,800 Homes Cane Bay Future Sheep Island Village Summerville Shopping Center Nexton Master Planned Community: Up to 13,000 Homes EXIT 199 on I-26 Sangaree

5 SHEEP ISLAND INTERCHANGE CONCEPTUAL BUILDOUT PLAN The construction of the new Exit 197 interchange at Sheep Island Parkway will open the next frontier of growth in Summerville. Largely unincorporated farmland today, the town s commitment to building infrastructure on the northwest edge of town presents an opportunity to create a new gateway to the heart of Summerville, provide premium access for a new employment center, and develop a new mixed-use neighborhood. Street Infrastructure: Construct Sheep Island Parkway as the spine for a new multi-modal block structure. Regional Park: Build a regional park and athletic facilities with connections to the town-wide trail network. Sheep Island Village: Support the development of a new employment-based, mixed-use village that includes a range of housing options. Data and information from:

6 MARKET OVERVIEW Berkeley County has large heavy & light industrial, warehouse, flex, back-office, and corporate office options to choose from. Business Properties in Charleston County enjoy: POPULATION & DEMOGRAPHICS within a 5-mile radius at 2016 est. Access to I-26 Close proximity to Industrail Manufacturing Plants Available rail service to many industrial buildings, sites, and parks by Norfolk Southern or CSX, with short-line connections made by S.C. Public Railways (SCPR) Over 30,000 new homes are planned for development Traffic Counts: 48k VPD on I-26 5k VPD on Jedburg Rd.2.20%. Total Population Growth 52,796 Total Population Count Large Industrial Companies in Berkeley County, SC: Volvo Factory Mercedes-Benz Manufacturing Fruit of the Loom Expansion VIVA Holdings Roper St. Francis New Berkeley County Hospital $58,976 Avg. Household Income 20,776 Total Household Count Gerber Childrenswear Distribution Center Data and information from: Costar.com & PostandCourier.com

7 Travel + Leisure Magazine names Charleston Best City in the World. Charleston Metro ranks #19 Best Place to Live in the USA Charleston, SC ranks #4 Most Fun Place to Live in the USA Charleston ranks #3 for Best Cities for Jobs Charleston #1 Small City in the US Five Years in a Row Charleston #1 Travel Destination in US South Carolina has the second-best business climate in the country, according to a survey by Site Selection magazine. The Charleston metro ranked #18 with (10.5% share) employees in advanced industries. The Charleston metro area named #2 Best Place to Work in Manufacturing by Area Development Mag and SmartAsset.com Data and information from: Charleston Regional Development Alliance

8 CHARLESTON PORTS The Charleston Port is the deepest water in the Southeastern U.S. and is the only Southeast port that can efficiently handle Post-Panamax vesels up to 9,600 TEU s in As the most productive port in the nation, the Charleston Ports have high container crane production and low truck turn times of 20 minutes. This is compared to the Los Angeles port, with average truck turns at 1.5 hours. An extensive $2 billion port expansion project is officially underway, and is scheduled to be completed in This project is set to deepen the channel from 45 to 52, in order to accommodate New-Panamax carriers, and build new terminal and corresponding rail networks at the new North Charleston site. FUTURE DRIVERS OF THE PORT INCLUDE Functionality: 52 channel depth in 2019 will allow for the largest ships passing through the expanded Panama Canal Growth: Continued growth of the South Carolina manufacturing industry, including Boeing, Daimler and Volvo Changes: Recent changes by the USDA now allows fruit/food to be chilled in transit vs shipped into cooler climates FASTEST GROWING MAJOR U.S. PORT SINCE 2011 Data and information from: Charleston Ports Authority Mike Ferrer, CCIM, MCR HARBOR DEEPENING PROJECT WILL INCREASE THE DEPTH FROM 47 TO 52 (843) Mike.Ferrer@FerrerCREA.COM FerrerCREA.COM

9 CHARLESTON PORTS TERMINAL N Charleston Veterans Wando Welch STATS o Post-Panamax, 45-4 depth o 132 acres of open storage o 6 cranes, rail access o 118,500 SF container freight stacon o Panamax, 35-4 depth o Rail service by both CSX & Norfolk Southern o Super Post-Panamax, 45-4 depth o 194 acres of container storage space o 10 cranes o 200,000 SF container freight stacon Navy Base o Expected 2019 o 250 acres of open storage o Close to rail infrastructure Columbus Union Pier Data and information from: Charleston Ports Authority o Super Post-Panamax, 45-4 depth o 83 acres of open storage o 5 cranes, rail access o 259,000 SF container freight stacon o Panamax, 35-4 depth o Covered rail access o 500,000 SF transit sheds

10 MIKE FERRER, CCIM, MCR / in/mikeferrerccim Mike Ferrer, CCIM, MCR Mike Ferrer has been helping buyers, sellers and users of real estate get the best value for their dollar since CONNECT WITH MIKE FerrerCREA.com FerrerCREA.com Education and Affiliations CCIM Designation CCIM State Chapter Committee Member MCR Designation, Corenet Global National Association of Realtors (NAR) South Carolina Association of Realtors (SCAR) SCAR Delegate for the Lowcountry Charleston Trident Association of Realtors (CTAR) South Carolina State MLS Past President CTAR Realtor of Distinction Charleston County Board of Assessment Appeals Board Member for Reign and Shine Charity Costar Power Broker CID Commercial Investment Division of the Board of Realtors Charleston Regional Business Journal Forty under Forty Recipient - Class of 2014 Leadership Charleston Class of 2014 Urban Land Institute Mike Ferrer, CCIM, MCR (843) Mike.Ferrer@FerrerCREA.com FerrerCREA.com

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