Skip to main content

Mixed-Use

25+/- Acre Development Land | Waterfront Location West of Rock Hill, SC (Charlotte MSA)

2609 Hands Mill Hwy, York, SC 29745

Listing Price: $2,700,000

Lot Size
25.26 acres
Price/Acre
$106,888
Land Type
Land

Investment Overview

Most recently used as a girl scout camp, this 25.26 acres of land includes a dock area at Lake Wylie, a popular recreation and vacation destination in the Charlotte MSA. While this land has the typical setbacks from the lake, it’s unique in that the York County Council has already approved it as a development plot. Getting those entitlements can be a pretty time-intensive process in that area that any developer taking on virgin farmland or especially swampland will have to take on elsewhere. A developer may have to do traffic studies and deal with various other zoning and urban planning hurdles. Here it’s already done and the property is not in the flood plain. The property is zoned for up to 200 condos to be built there. The preplanned development project for the area started in 2007. The parcel is one of 14 “pods” comprising a 300 plus acre area that York County approved for future development. This is especially valuable given that in November 2019 York County Council voted unanimously to pass a building moratorium in the Lake Wylie area thus other owners of vacant land will have a hard time getting their development approved. Due to the population of Rock Hill increasing by 47 percent in the last 20 years, in November 2021 the Rock Hill City Council approved a pause in residential construction. That moratorium will allow staff time to review and improve codes to better handle certain projects. In March 2022 Rock Hill City Council voted to temporarily stop issuing and renewing permits for short-term leases such as Airbnb; that six-month moratorium shows yet another barrier to entry in the region. The plot includes road access to Hands Mills Highway and lake access. The property has over 106,000 residents within a seven-mile radius with an average household income of over $120,000 within a three-mile radius.

Investment Highlights

  • 25.26 Acre Parcel of Vacant Land Zoned for Residential, Commercial or Mixed-Use Development
  • Pre-Approved by York County for Up to 200 Unit Condo Development
  • Plot Includes Road Access to Hand Mills Highway and Lake Access with Existing Dock | Property Not in Flood Plain
  • Lake Wylie is a Popular Recreation and Vacation Destination in the Charlotte MSA
  • Affluent Demographics: Over 106,000 Residents Within Seven-Miles | Over $120,740 Average Household Income Within Three-Miles

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Mixed-Use

25+/- Acre Development Land | Waterfront Location West of Rock Hill, SC (Charlotte MSA)

Listing Price: $2,700,000

Lot Size
25.26 acres
Price/Acre
$106,888
Land Type
Land

Investment Highlights

  • 25.26 Acre Parcel of Vacant Land Zoned for Residential, Commercial or Mixed-Use Development
  • Pre-Approved by York County for Up to 200 Unit Condo Development
  • Plot Includes Road Access to Hand Mills Highway and Lake Access with Existing Dock | Property Not in Flood Plain
  • Lake Wylie is a Popular Recreation and Vacation Destination in the Charlotte MSA
  • Affluent Demographics: Over 106,000 Residents Within Seven-Miles | Over $120,740 Average Household Income Within Three-Miles

Investment Overview

Most recently used as a girl scout camp, this 25.26 acres of land includes a dock area at Lake Wylie, a popular recreation and vacation destination in the Charlotte MSA. While this land has the typical setbacks from the lake, it’s unique in that the York County Council has already approved it as a development plot. Getting those entitlements can be a pretty time-intensive process in that area that any developer taking on virgin farmland or especially swampland will have to take on elsewhere. A developer may have to do traffic studies and deal with various other zoning and urban planning hurdles. Here it’s already done and the property is not in the flood plain. The property is zoned for up to 200 condos to be built there. The preplanned development project for the area started in 2007. The parcel is one of 14 “pods” comprising a 300 plus acre area that York County approved for future development. This is especially valuable given that in November 2019 York County Council voted unanimously to pass a building moratorium in the Lake Wylie area thus other owners of vacant land will have a hard time getting their development approved. Due to the population of Rock Hill increasing by 47 percent in the last 20 years, in November 2021 the Rock Hill City Council approved a pause in residential construction. That moratorium will allow staff time to review and improve codes to better handle certain projects. In March 2022 Rock Hill City Council voted to temporarily stop issuing and renewing permits for short-term leases such as Airbnb; that six-month moratorium shows yet another barrier to entry in the region. The plot includes road access to Hands Mills Highway and lake access. The property has over 106,000 residents within a seven-mile radius with an average household income of over $120,000 within a three-mile radius.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

MM Texture Background
MM Textured Background Lower