5926 Loftis Rd, Hanahan, SC 29410 - Berkeley County

AUCTION Large 1.86-Acre Developable Residential Lot in nice neighborhood very convenient to I-26 and I-526 Hanahan, SC!

5926 Loftis Rd., Hanahan, SC 29410-2628

This very large lot in an excellent Hanahan neighborhood is just across the street from Loftis Park (Baseball Field) just off of Yeamans Hall Rd. Basically a long cleared field with a nice Grand Tree near the road is a perfect place to develop a small PUD of up to nine Patio homes or town homes in an area that is super convenient to I-26, I -526 and Rivers Avenue. Current zoning would allow up to 5 single-family residential units per acre.

An extensive Property Information Package is available as a download on our web site to help in the bidders due diligence effort. This is a great opportunity for a developable property at YOUR PRICE!

This property WILL SELL to the highest bidder above a very reasonable reserve price subject to sellers confirmation. This is a bank-owned property and the seller is highly motivated to confirm any reasonable Auction result. The lot has a 2013 tax value of $102,100 and we have it listed on the MLS for $89,900 for a pre-auction cash sale, but bid YOUR PRICE at Auction. Pre-Auction Offers are welcomed! DO NOT MISS this fantastic opportunity!

Auction Location: On-Line Only Auction: Click here to register and bid

Time: Begins Thursday November 13 and ends Wednesday November 19, 2014 at 5:30 PM with a soft finish to eliminate sniping. (Each bid extends the last chance bid period 3 minutes)

10% Buyers Premium $1000 Deposit required to bid/buy. (Wire or Certified Funds) Bid Deposits will be returned immediately to unsuccessful bidders.

Buyers Agents may register with their client prior to the beginning of on-line bidding and earn 2% of the high bid price.

Please contact Mike Harper in advance to schedule a showing opportunity if needed. You are welcomed to do a drive-by viewing since the property is vacant.