CBRE to Market 1,808 Acres in York County, SC, Ideal for Residential Development, Master-Planned Community or Recreational Use
01 May 2018
CBRE has been appointed to market 1,808 acres of land with approximately four miles of Catawba River frontage in York County, South Carolina. Located within 20 miles of Charlotte’s central business district and eight miles from Rock Hill, the property’s potential future uses include a residential development, a master-planned mixed-use community or a personal recreational investment. The property is currently available for recreational uses such as boating, fishing, hunting, or horseback riding.
CBRE|Raleigh’s Chester Allen and CBRE’s Katherine Southard represent the current owner while marketing the property for sale.
“The property offers investors and developers the chance to own a significant land assemblage in the nationally outpacing Charlotte residential market with a projected population growth rate of 26% over the next 10 years,” said Mr. Allen, senior vice president at CBRE. “The property’s size, location and aesthetic appeals meet a developer’s needs to accommodate Charlotte’s future growth and the site’s possible uses are unlimited.”
Due to its proximity to Charlotte, York County has established a substantial commuter work force with great accessibility by Interstate 77 and 85. The property is currently zoned as a Rural Development District (RUD) with access to well and septic utilities.
According to CBRE’s 2018 Southeast Real Estate Market Outlook, Charlotte has established itself as a thriving financial, energy and logistics center for the entire Southeast, making it a growth market highly sought after by residents and investors alike.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.