Colleton County, SC Gated Home Community Site - Once Sold for Much Higher - Now $46,500 - OWNER FINANCING - Go Granular Now

Investment Overview

Executive Summary Offered at $46,500, this 30,000-square-foot residential lot on Chicora Way in Ruffin presents a compelling low-basis entry within a gated community environment, with a builder-focused path to vertical development. The site is marketed as a buildable lot for single-family home rental infill or homebuilder acquisition, with RD2 zoning supporting residential use and providing buyers with a defined framework for evaluating entitlement and design potential. The opportunity is driven by control of a finished homesite rather than in-place income: there are no existing buildings, tenancy, or operating cash flow, which simplifies underwriting to land basis, carrying costs, and build execution. Seller flexibility provides an additional consideration, with possible owner financing and discussion of a half-down structure that may reduce upfront capital requirements for a builder or private investor. The investment thesis centers on acquiring a modestly priced lot in a gated residential setting where the next value-creation step is vertical improvement. For buyers comfortable with land diligence, HOA review, and title-related execution, the property offers a straightforward basis-driven opportunity with the potential to convert raw lot value into finished home value through disciplined development. Introducing an exceptional investment opportunity located in the sought-after Ruffin area. This prime property, zoned RD2, offers immense potential for a range of development projects. Its strategic location provides access to the area's burgeoning market, making it an ideal choice for astute land and other investors. With ample space and a desirable zoning designation, this property is poised to accommodate diverse development objectives. Don't miss the chance to capitalize on this promising investment prospect in the dynamic Ruffin area. INDIAN CREEK RUN SUBDIVSION. $46,500.00 Sales Price | Possible Owner Financing. Commission Structure is a $4,500 Flat Fee Split Between the Listing and the Selling Brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential utilization is Buyer Due Diligence with Florence County Planning and Zoning. Discuss a possible half-down and Seller Financing of the balance. Solely Buyer Due Diligence Responsibility. Purchased at a tax sale. Research neighborhood development standards solely via buyer due diligence. No suit to quiet title performed or to be performed by Seller. Closing costs are the buyer's costs other than the basics. The seller will execute a Quitclaim Deed at his cost, and the Attorney will focus on the other costs and the Buyer's costs on the Buyer's nickel. PURCHASER'S SOLE DUE DILIGENCE TO RESEARCH HOA REGULATIONS.

Investment Highlights

• Zoned RD2
• Ideal for diverse development projects
• Strategic location in Ruffin area
• Ample space for potential development
• Accommodates varied investment objectives
• https://www.crexi.com/properties?searchBrokerId=833fa506-f61c-421c-936e-0ff7644a4c65&broker=Gilbert%20Bradham
• HOMEBUILDER ASSET PURCHASE TO GO VERTICAL
• PURCHASER'S SOLE DUE DILIGENCE TO RESEARCH HOA REGULATIONS.