Description
Looking for a great investment property--this 60.23-acre tract could be it. In addition to having excellent farmland, the property also has a cell tower with a lease on the property until 2044. The lease currently pays $907.50 per month and increases by 10% every five years. The next scheduled increase will be on 6/18/2029. The remainder of the property is currently being farmed and is under a farm lease until the end of 2026. This parcel has numerous possibilities, whether it be commercial use fronting on new Hwy. 38, residential use on old Hwy. 38, farming and timber use. It is located approximately nine miles from Interstate 95, so it is easily accessible from all directions. Great for investment, a recreational tract, or a quiet homeplace located near Blenheim. The property is subject to a right of first refusal held by the cell tower company.
Details
| MLS # | 2623431 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 17 |
| Listing Provided By | The Litchfield Company Real Estate | William ''Bill'' Moody |
Features
| Zoning | AG |
|---|---|
| Acreage | 60.23 |
Exterior
| Lot Features | Acreage |
|---|
Area Information
| State | SC |
|---|---|
| County | Marlboro |
| City | Blenheim |
| Zip Code | 29516 |
| Area | 31A Other counties in South Carolina |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $385,000 low | high Med: $369,000 On site: 17 low | high Med: 188 | |
Market Activity 29516
Request a showing
Request a showing
Contact
Learn More About This Property
| State | SC |
|---|---|
| County | Marlboro |
| City | Blenheim |
| Zip Code | 29516 |
| Area | 31A Other counties in South Carolina |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $385,000 low | high Med: $369,000 On site: 17 low | high Med: 188 | |