“...Meybohm Commercial brought institutional-level execution to our acquisition, stress-testing our underwriting, structuring the capital stack, and closing in under three months. They think like operators, not just brokers, and that made all the difference.”

-Fractal RE

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“...Meybohm Commercial navigated one of the more complex acquisitions we've taken on with multi-parcel acquisition, creative financing and dozens of moving parts, keeping the deal moving when it easily could have stalled. The discipline and follow-through they brought was exactly what we needed.”

-Eric Bowen

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“...Meybohm Commercial understood exactly what our brand needs - traffic drivers, co-tenancy, visibility, and they delivered, landing us in one of Augusta's strongest retail corridors. Brian and Charlie were responsive, knew the market cold, and got us the right terms. We're already planning our next location with them.”

-Smoothie King Franchisee

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Palmetto Parkway (I-520) and Hwy 25

North Augusta, SC, 29841

$4,900,000

Sale Price

For Sale

Property Details

Sale Price.$4,900,000

Property Type.Land

Property Description

This is a unique opportunity to act as master-developer for a PUD at the intersection of I-520 and I-20 in North Augusta (within City Limits of North Augusta and in Aiken County) SC. A national homebuilder has partnered with the current owner, on 970+acres for the residential buildout, which will total over 3,000 homes once complete. Meybohm Commercial & Wakeﬁeld Group are marketing the remaining 362 acres of entitled commercial/mixed-use property, which includes all 4 quadrants of an interstate interchange oﬀ I-520. The Development has been called "Highland Springs" for years, but the name will be changed upon completion of NVR’s branding study. The existing entitlements allow for a myriad of uses across the 362 acres, from light-industrial to heavy commercial, retail, town center, and some multi-family. To date we have received inquiries from big-box retail developers, a charter school operator, industrial developers, and convenience/retail developers. Tract B: 20.6 acres in the Northwest quadrant of the I-520 intersection with access on the connector. The Palmetto Parkway Trail also boarders this parcel. This parcel is entitled for industrial, retail, QSR, hospitality, healthcare, and travel center/convenience store. This site will have a lift station installed in the SE portion of the site providing the entirety of the parcel gravity sewer. Includes TMS #s: 011-11-02-001 The homebuilder, NVR/Ryan Homes, has not released its brochure or website on this master-planned community yet, but they are planning to develop up to nine distinct neighborhoods/enclaves within the development with prices ranging from high 200s to over $1 million.