2350 Furse Rd

• Zoned PZ
• Prime location in Summerton area
• Ideal for multifamily development
• Versatile investment opportunity
• https://www.youtube.com/watch?v=AOvv2qAVRTM&t=8s

Property Description

Investment Highlights Low-basis acquisition with multiple residential use paths. At $32,750 for 2.59 acres, the site presents a low-cost entry point for buyers targeting workforce housing, mobile home park expansion, land/home sales, or small-scale multifamily concepts. That pricing lowers initial capital exposure and can improve feasibility for investors prepared to create value through entitlement and development execution. PZ zoning supports a redevelopment-oriented investment thesis. The parcel is marketed with PZ zoning and specifically positioned for housing-oriented utilization. That zoning framework provides buyers with a starting point for evaluating density, site planning, and approval strategy in Clarendon County rather than pursuing a complete use repositioning from an incompatible zoning base. Manageable 2.59-acre footprint fits smaller-scale housing strategies. With approximately 112,820 square feet and no existing improvements, the property provides a clean slate for site design without demolition or tenant rollover issues. The scale is large enough to support meaningful residential planning while remaining small enough for private investors and local developers seeking a lower-dollar project. Vacant land structure eliminates in-place operational complexity. The parcel has zero buildings and no current occupancy, so buyers are not inheriting deferred maintenance, lease administration, or near-term capital repairs. That simplifies the business plan and allows the acquisition decision to focus on land basis, title review, zoning, utilities, and end-use economics. Summerton location ties the site to local housing demand drivers and regional recreation. The property is located in the Summerton area near Lake Marion, an established regional draw for boating, fishing, and outdoor recreation. That setting supports a residential use narrative tied to local workforce demand, lifestyle appeal, and smaller-market housing needs rather than pure pass-through land speculation. Existing nearby population provides a base level of local market context. Within one mile, the surrounding area includes 351 residents, 83 households, and average household income of $52,151. While not an urban density profile, those figures indicate an established residential environment that can support targeted housing formats aligned with local affordability and scale. Potential seller financing can widen the buyer pool and improve structuring flexibility. The offering indicates possible owner financing, including a potential half-down structure with seller-financed balance. For buyers seeking to preserve cash or reduce conventional financing friction on a low-dollar land acquisition, that flexibility can improve transaction efficiency and returns on invested equity. The title profile creates a discounted opportunity for experienced buyers. The property was purchased at a tax sale and is being conveyed as-is via quitclaim deed, with no quiet title action to be completed by the seller. That structure narrows the buyer universe, but for investors equipped to underwrite title risk and closing complexity, it can create an opportunity to control land at a basis that reflects those execution hurdles. Discover a prime investment opportunity in Summerton, SC. Zoned PZ, it offers a versatile canvas for prospective multifamily investors to create a lucrative development. In a desirable location in the thriving Summerton area, this property offers an attractive opportunity for those looking to capitalize on growing demand for multifamily housing. With its strategic positioning and zoning designation, this investment opportunity is set to deliver enduring value and strong returns for astute investors looking to expand their portfolio in this dynamic market. https://www.youtube.com/watch?v=AOvv2qAVRTM&t=8s $32,750.00 Sales Price | Possible Owner Financing. Commission Structure is a $3,750.00 Fee Split Between the Listing and the Selling Brokerage if a selling brokerage is involved solely for the offering. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential utilization is Buyer Due Diligence with Clarendon 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 the Quitclaim Deed(s) at his cost, and the Attorney will focus on the other costs, all of which will be on the Buyer's nickel.