357 Venice Ct

• Zoned RD
• Strategic location in Gaston area
• Potential for diverse development
• Ideal for residential or commercial use

Property Description

Investment Highlights Low-basis infill entry point At an asking price of $37,250 for 19,893 SF, the offering provides a low-dollar entry into Lexington County land investment. That basis can broaden the buyer pool and support development feasibility for investors targeting smaller-format residential product or workforce housing execution. RD zoning supports a residential-oriented investment thesis The parcel is zoned RD, aligning the site with the memorandum’s workforce housing positioning. For buyers focused on residential yield, existing zoning provides a clearer starting point for evaluating density, setbacks, and product type than an unzoned or less compatible site. Vacant site with no in-place improvements allows a clean development approach The property is effectively a land play with no operating buildings and no existing tenancy to unwind. That reduces lease rollover, demolition, and repositioning complexity, allowing a buyer to focus underwriting on entitlement, site work, and end-product design. Regional connectivity strengthens long-term demand fundamentals The location benefits from access to the Columbia market and proximity to major transportation routes including I-26 and I-77. That connectivity expands the site’s relevance beyond its immediate neighborhood and supports its appeal to residents seeking affordability with regional commuter access. Surrounding household profile supports attainable housing demand Within a 1-mile radius, the area includes 227 households with an average household income of $68,988 and an average home value of $126,604. Those metrics indicate a local market where attainable residential product may be better aligned with household economics than higher-cost alternatives. Seller financing language may improve acquisition flexibility The offering contemplates possible owner financing, including a potential half-down structure with seller financing on the balance. For private investors and small developers, that can reduce upfront capital requirements and create a more flexible path to site control. Versatile positioning broadens exit optionality While the primary narrative centers on workforce housing, the memorandum also describes the parcel as suitable for a range of residential or commercial uses, subject to buyer due diligence. That flexibility can enhance exit options if a buyer determines an alternative development program offers stronger risk-adjusted returns. Pricing leaves room for value creation through execution This is not a stabilized income asset; the return profile depends on a buyer’s ability to convert raw land into a permitted and marketable project. For investors with entitlement and development capability, the opportunity is to create value through planning, approvals, and product-market fit rather than relying on existing cash flow. Introducing a prime investment opportunity in Gaston, SC! This expansive property, zoned RD, offers limitless potential for development and growth. Boasting a coveted location in the thriving Gaston area, this parcel is a blank canvas awaiting the vision of a savvy investor. With versatile zoning and strategic positioning, the property suits a range of uses, from residential to commercial ventures. Don't miss the chance to capitalize on this exceptional investment in a dynamic and evolving location. $37,250 Sales Price | Possible Owner Financing. Commission Structure is a $4,250.00 Fee Split Between the Listing and 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 uses are subject to Buyer Due Diligence with Lexington 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. SOLELY BUYER DUE DILIGENCE VERIFICATION WITH NEIGHBORHOOD CODES IF ANY.