Baxter Street Lat/Long: 33.66466, -80.77261

• Zoned for commercial use
• Strategic location in Saint Matthews
• Versatile development potential
• Thriving area for investment opportunities

Property Description

Investment Highlights Low-basis entry point with small-site optionality. At $29,750 for a 0.25-acre parcel, the offering presents an accessible acquisition opportunity for private investors, builders, or local developers. The modest dollar basis can support a range of niche strategies where controlling land cost is critical to project feasibility. Commercial zoning supports a broader development menu. The site is presented as commercially zoned and suitable for manufactured housing, workforce housing, multifamily, and other potential commercial uses. That flexibility broadens the buyer pool and lets an investor to align the parcel with local demand rather than limit it to a single-use outcome. Blank-slate condition reduces repositioning complexity. With no existing buildings or tenancy, the opportunity centers on entitlement, site planning, and execution instead of demolition, lease rollover, or deferred maintenance. For buyers pursuing a ground-up concept, that simplifies the business plan and keeps underwriting focused on land basis and end use. Strategic St. Matthews location ties rural affordability to everyday access. The offering emphasizes convenient access to major roadways, essential services, restaurants, and local businesses in and around St. Matthews. That combination can attract housing-oriented development that benefits from a small-town setting without complete isolation from daily needs. Surrounding demographics indicate an established residential base. Within a 1-mile radius, the area includes 231 residents across 98 households, with an average household income of $73,562 and an average home value of $163,898. Those figures support an existing neighborhood context rather than a purely speculative outlying location. Potential seller financing may widen the buyer universe. The offering notes that the seller may consider a half-down structure with financing on the balance. For buyers seeking to preserve liquidity for entitlement, site work, or vertical improvements, that structure can improve capital efficiency at acquisition. Suitable for targeted housing formats that require lower land cost. The marketing specifically identifies manufactured housing, workforce housing, and multifamily uses. On a smaller parcel in a secondary market, those formats can align with affordability-driven demand and offer a practical path to value creation. Clear value-add thesis for land investors. This is not a stabilized-income acquisition; it is a land play where value is created through use selection, planning, and execution. Buyers who can navigate title, zoning, and development diligence have the opportunity to convert a low-cost vacant parcel into a more productive use. Introducing a prime investment opportunity in Saint Matthews, SC. This property, zoned for commercial use, offers a lucrative prospect for land and other investors. With its strategic location in the bustling Saint Matthews area, this parcel provides a highly desirable setting for a range of potential development opportunities. With commercial zoning, this property offers a versatile canvas for a wide range of ventures. Take advantage of this exceptional location to create and capitalize on a range of commercial and investment possibilities. Don't miss out on the chance to make your mark in this thriving area with this outstanding investment opportunity. $29,750.00 Sales Price | Possible Owner Financing. Commission Structure is a $4,250 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 cover the other costs, with the Buyer paying the Buyer's costs on the Buyer's nickel.