Massive 4.08 AC Buyer Due Diligence Multifamily Workforce Housing Site

Becker Rd,
Cheraw, SC 29520

Asset Snapshot

3.81 Acres

Land Area

Offering Summary

Investment Overview

* Low-basis entry for a 4.08-acre multifamily land play.* At $53,750 for 165,890 square feet, the offering presents a modest acquisition basis for a site being positioned for apartments or workforce housing. That pricing may provide room in the capital stack for entitlement work, site preparation, and legal diligence that smaller infill land deals often require. * Flexible land-use posture supports multiple development paths.* The OM identifies the property as having “No Zoning,” which materially broadens the range of concepts a buyer can evaluate. For developers targeting multifamily or workforce housing, that flexibility can shorten the gap between concept screening and formal discussions with Chesterfield County, provided the buyer confirms all use and development standards. * Vacant site condition simplifies redevelopment planning.* As a land offering with no existing improvements, the property avoids demolition costs, legacy building obsolescence, and in-place operational disruption. That clean-slate profile is particularly relevant for builders seeking efficient site planning and phased residential development options. * Multifamily and workforce housing are explicitly contemplated in the marketing.* The OM directly references apartment potential, aligning the site with residential demand-driven uses rather than purely speculative land banking. That framing provides buyers with a clear starting point for underwriting density, access, utility strategy, and achievable product type. * Possible owner financing may improve execution for private developers.* The seller’s willingness to discuss owner financing and a low down payment introduces a potentially useful financing alternative in a smaller transaction. For buyers preserving cash for predevelopment costs, that structure can enhance near-term flexibility while advancing entitlement and title work. * Cheraw location offers small-market infill context with community amenities nearby.* The OM highlights access to Cheraw’s downtown shops, restaurants, cultural attractions, parks, and regional roadways. For a workforce housing strategy, that setting supports a livability narrative tied to local services and everyday convenience rather than purely highway-oriented land speculation. * The offering is best suited for buyers equipped to capitalize on due diligence-driven upside.* The property was acquired through a tax sale, the seller intends to convey by quitclaim deed, and no quiet title action has been completed. Those factors increase the importance of legal and title review, but they may also narrow the buyer pool to groups comfortable addressing complexity in exchange for a low-cost basis and development optionality. * The site offers a clear near-term call to action.* The OM directs buyers to submit an LOI, signaling a straightforward marketing process for interested parties prepared to evaluate title, entitlement, and financing structure. For experienced land buyers, that clarity can accelerate initial underwriting and negotiation. Introducing a prime investment opportunity on Becker Rd in Cheraw, SC 29520. This appealing property boasts a versatile No Zoning designation, providing boundless potential for the discerning investor. Strategically located in thriving Cheraw, this property offers exceptional potential for a variety of development projects, including Apartments. With flexible zoning and a coveted location, this property is an ideal canvas for land or multifamily investment, offering a range of possibilities to realize your vision. Don't miss the chance to make a lasting impact with this remarkable property. ALL ASPECTS AS IS, WHERE IS - BUYER DUE DILIGENCE $53,750.00 Sales Price | Possible Owner Financing. Commission Structure is a $6,250.00 Flat Fee Split Between the Listing and selling brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential uses are subject to Buyer Due Diligence with Chesterfield County Planning and Zoning. Discuss a possible low down payment 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, except for the basics. The Seller will execute a Quitclaim Deed at his cost, and the Attorney will focus on the other costs, with the Buyer's costs on the Buyer's nickel. OWNER FINANCING MAKES IT EASY.