Coldwell Banker Commercial Chicora Offers 500+ Acre Multi Use Land Opportunity in Myrtle Beach
Myrtle Beach, South Carolina (PRWEB) April 02, 2014 -- Coldwell Banker Commercial Chicora Real Estate, a real estate leader along the Grand Strand since 1972, is excited to announce the purchase opportunity of an exciting bank owned multi-use development in the Myrtle Beach Area.
Located on the northern end of South Carolina’s Grand Strand, Rivergrand is a 529.87 acre master planned community in Horry County, South Carolina. Positioned within the Myrtle Beach MSA this exceptional property is located between Highway 9, US Highway 17 and Highway 31(Carolina Bays Parkway).
Rivergrand, a portion of which was previously the Bay Tree Golf Resort, represents a unique opportunity with in-place entitlements for 1,775 residential units and 600,000 square feet of commercial and office space. The residential allowances call for 900 single-family units, 600 multi-family units and 275 units in a retirement community. The new owner should be able to adapt the existing design to meet their personal preferences.
The conceptual development plan focuses on a mixed use village center, 100,000 square feet of commercial space, and a six acre public green. Plans call for sidewalks, greenways, and street parking. Community amenities include a clubhouse, indoor and outdoor pools and an amphitheatre. The excellent frontage exposure on Highway 9 is planned for 600,000 square feet of commercial and office development.
"It is an exciting venture to be part of such a unique opportunity in the Myrtle Beach area," says Don Smith, President of Coldwell Banker Chicora Real Estate.
"The market is perfect for this project as the population continues to grow in our area," Don Smith, continues. The Horry County population increased 37% from 2000 to 2010. With its desirable seaside location, this population is expected to continue increasing an additional 18.5% by 2020.
Coldwell Banker Commercial Chicora Real Estate is currently accepting offers on this opportunity and encourages anyone interested in more information to visit the Rivergrand website.
Don Smith, Coldwell Banker Commercial Chicora, http://www.cbcchicora.com, +1 8432728700, [email protected]
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