Price Reduction - Waterfront
Address
224 McKenzie Rd Eastover, SC
Price
$ 414,750
Property Attributes
  • MLS#513774
  • TypeLand
  • CountyRICHLAND
  • CityEastover
  • AreaRural Richland Co Southeast - Ea
  • Zip29044
  • StyleAcreage
  • Price$ 414,750
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size88.79 Acres
Listing Provided Courtesy Of:
RE/MAX Advantage Group
Data Source:
Consolidated Multiple Listing Service (CMLS)- 146 - SC
Property Description

This is a 1st time offering. This 88.79 acre tract features aprox 35 acres of Loblolly pines and mixed hardwoods border the 2359 feet of creek frontage .There is a 1993 Plantation of Longleaf Pine that was thinned in 2016 and managed control burns for Pine Straw harvesting that produces annual Income.On the East side of VanBoklen there are approx 7 acres of mature Loblolly Pine ready for harvesting .The cell tower produces $930 per month in income and the the last potential buy out of the ground lease was $175. ( 5 Years ago the buy out offer was $145,000) there is a bump of income every 5 Years as well as buy-out value .This lease has been in place since 2004 and carries 5 renewal terms at 5 years per renewal term. With the present buy out of $170,000 and over $900 per month in income that kicks out an approx 7% return .Call your agent or me for details , Bud 803-730-5035

Elementary School Middle School High School
Webber Elementary School Southeast Middle School Lower Richland High School
Price History
3/29/2021 Listed $450,000
6/8/2021 4% - $432,500
7/26/2021 5% - $414,750

General Features

Class LOTS AND ACREAGE
Elementary School Webber
High School Lower Richland
Listing Area Rural Richland Co Southeast - Ea
Middle School Southeast
Mobile Allowed Yes
Road Frontage 1351+1231+1101
School District Richland One
Sewer None
Status Active
Status ACTIVE
Topography Level, Other, Part Wood, Rolling, Stream, Wetland, Wooded
Type Acreage
Water None

Interior Features

Subdivision NONE

Exterior Features

Lot Size 1351x1213x3012x2359 +6.81
Lot Size Area 88.79
Road Surface Paved
Road Type County
Structures Other
Water Frontage 2349
Water Frontage Type Creek

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 29044

Price
AVG $80K
$410K
Visits
AVG 129
86

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