1750 1802 Ribaut Road

Description

Lots 1750 and 1802 Ribaut Rd,zoned T5, can now be purchased for many commercial uses. Currently, there are completed plans for a tunnel car wash which can be included in the sale of the property. This can be an exceptional development opportunity in the heart of rapidly growing Port Royal. The property has been submitted to the planning department and ready to apply for final permitting for a 140-foot express tunnel car wash, allowing a developer to begin building without the lengthy entitlement process. Included with the sale are architectural plans, all civil plans, a Phase I Environmental Site Assessment, DHEC approvals, SCDOT approvals, and , providing most everything needed to move seamlessly from purchase to construction. An additional easement through the lot provides enhance access and circulation, adding significant value and flexibility to the overall development. Lot 1750 offers outstanding future development potential with site plans for a 12,000-square-foot mixed-use building, including proposed retail space, residential condominiums, and an option for a 67-seat restaurant, creating the opportunity for a vibrant mixed-use destination alongside the car wash. Located on the busiest corridor through the heart of Port Royal, this 1.87-acre property includes both lots and is positioned to benefit from tremendous growth and increasing traffic counts. A new multi million dollar VA facility will soon be under construction, bringing employees, patients, and visitors to the area every day. The new VA facility will gain additional traffic access with a proposed stoplight. The surrounding neighborhood is also experiencing significant investment with new condominiums, residential developments, and a revitalized waterfront, making this one of the areas most desirable locations. Current traffic count is approximately 32,900 pr day. One of the most valuable aspects of this opportunity is its limited future competition. The property is zoned T5, and under current zoning regulations, new car wash establishments are prohibited. This project is currently grandfathered under its existing approvals, making it a rare opportunity to develop an express tunnel car wash in an area where future competitors cannot be built. In the car wash industry, barriers to entry and protected trade areas significantly enhance long-term value and profitability. From bridge to bridge, this is expected to remain the only express tunnel car wash opportunity, creating a unique competitive advantage for years to come. Build now and establish your market presence before the area's continued growth accelerates. Skip years of planning, engineering, and permitting and move directly into final permitting a 140-foot express tunnel car wash in one of the Lowcountry's fastest-growing markets. Opportunities with this combination of 1.87 acres, a premier location, complete approvals, strong development potential, and limited future competition are exceptionally rare. Please confirm information provided with the town of Port Royal. This material is based upon information, which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such.