3745 Smith Mcgee Rd Iva SC 29655-8324

Property Description • Low-basis entry point in a coastal South Carolina corridor* The site is offered for $29,920 for 43,504 square feet, to about $0.69 per square foot. This pricing establishes a low-cost basis for investors pursuing residential land banking, small-scale infill, or niche housing concepts in a market connected to Georgetown and the greater Grand Strand economy. • Nearly one acre of residentially zoned land with multiple end-use angles* The parcel totals approximately 0.999 acres and carries R1AC zoning. The offering positions the property for modular unit infill, workforce housing, retirement use, or other uses permitted by zoning, broadening the buyer pool and supporting multiple underwriting strategies. • Lake-adjacent setting adds differentiation to a small-site infill opportunity* The property is described as contiguous to a lake and highlighted for pond views, boating opportunities, and fishing access. For a sub-$30,000 land acquisition, that setting provides the parcel with a feature that can enhance future marketability relative to more generic interior sites. • Exposure to regional employment and tourism demand drivers* The memorandum ties the opportunity to workforce housing demand associated with Grand Strand development and employment activity, while also positioning the site within reach of Georgetown’s waterfront, downtown retail and dining, and regional visitor traffic. That combination supports both practical housing demand and longer-term appreciation potential tied to coastal South Carolina growth. • Potential seller financing can widen the buyer universe and improve acquisition flexibility* The offering notes possible owner financing, including discussion of a potential half-down structure. Flexible financing can reduce initial cash outlay and make the site more accessible to private investors or builders who want to control the land while preserving capital for entitlement and development work. • Vacant land profile allows a clean redevelopment path* With no operating improvements and no existing tenancy, the asset requires no lease rollover analysis, tenant coordination, or building repositioning. Buyers can focus capital and planning directly on site strategy, whether that is near-term development, phased improvement, or longer-term hold. • Georgetown location combines local amenity access with a less institutional price point* The property sits off Hwy 521 in Georgetown County near attractions including Harbor Walk, Front Street, and the Kaminski House Museum, with golf nearby per the offering. This places the site within a recognizable coastal community while keeping the entry price far below typical improved-asset acquisition thresholds. • Clear upside paired with transparent diligence requirements* The memorandum states that the property is being sold as-is, where-is, was acquired through a tax sale, and will convey by quitclaim deed without a quiet title action by the seller. That transparency helps investors frame the opportunity appropriately: pricing reflects the need for independent diligence on title, zoning execution, and development standards, with upside available to buyers equipped to manage that process. Introducing a prime investment opportunity at 177 Spring Pond Ln, Georgetown, SC 29440. This R1AC-zoned property sits in the coveted Georgetown County area, offering a lucrative opportunity for land and other investors. With ideal zoning and a sought-after location, this property offers immense potential for a wide range of development possibilities. Here's your chance to seize a strategic investment in the thriving commercial real estate market. Maximize modular units on the lake, or pursue anything allowed by zoning. Workforce Housing for Grand Strand Development Employment Opportunities. Maximize returns in this captured market area or use it for retirement or personal use. Georgetown and the Myrtle Beach Grand Strand have been tourist meccas for centuries. Be a part of it. $29,920.00 Sales Price | Possible Owner Financing. Commission Structure is a $3,250.00 Flat Fee, Split Between the Listing and selling brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential utilization is Buyer Due Diligence with Georgetown 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 a Quitclaim Deed at his cost, and the other Attorney will focus on the buyer's costs. Location Description This property is situated in Georgetown County off of Hwy 521, contiguous to a lake; this prime location offers a blend of rich heritage and modern opportunities. Close by are the picturesque waterfront and charming downtown area, which beckon visitors and residents alike and create a thriving atmosphere for commercial investment. With proximity to attractions such as the Kaminski House Museum, Harbor Walk, and the charming shops and restaurants of Front Street, the potential for strong returns is significant. Drawing on the area's unique character and strong community ties, the location offers an ideal setting to attract tenants and clients seeking a blend of history and modern convenience.