Multifamily Commercial/Residential Zoned Tract Near Fort Motte-Lone Star | Horses, Farms, and Fields Country

Highlights:

• Zoned for Commercial Residential Rental Multifamily use
• Potential for Bed & Breakfast construction
• High visibility and accessibility for potential tenants
• Opportunity for Agricultural Worker Housing with huge income generation potential
• Town of Elloree Near for Office Near Home: https://vimeo.com/912362422?fl=pl&fe=sh
• Partial owner financing available
• Incredible area to retire in
• Fraternity or Sorority purchase and use as an AWESOME getaway for Initiations and retreats
• Guy's getaway retreat to escape from everything and be close to all previously described. Write it off as a business expense for client visits

Description:

Offered at $61,150, this 0.956-acre land tract at 562 Fort Motte Road represents a low-basis acquisition with flexible development potential in the Fort Motte/Saint Matthews area. The site is marketed for multifamily, commercial, and residential use and includes an existing 975-square-foot older structure that conveys in as-is condition, creating a value proposition centered on land-use optionality rather than stabilized in-place income.

The property benefits from rural visibility and access near Saint Matthews and Elloree, with positioning that supports residential rental, small-scale multifamily, workforce housing, or other user-driven concepts subject to buyer diligence. Marketing materials indicate possible seller financing, while the title and closing structure reflect a tax-sale acquisition, quitclaim deed conveyance, and no seller-led quiet title action, making the opportunity best suited for buyers underwriting entitlement, title, and redevelopment risk directly.

The investment thesis is clear: acquire a modestly priced parcel with an existing improvement and multiple potential use cases in a rural South Carolina setting, then create value through zoning confirmation, site planning, and execution of a use strategy aligned with local demand and county development standards.

Introducing an exceptional opportunity for Land/Multifamily investors! This prime property, situated at 562 Fort Motte Road, Saint Matthews, SC 29135, boasts Multifamily zoning, providing an ideal canvas for a lucrative development. Spanning a strategic location in the sought-after Saint Matthews area, this parcel offers the potential for a versatile, income-generating asset. With desirable zoning and a prime location, this property offers a compelling investment prospect for those looking to capitalize on the growing demand for Multifamily housing. Don't miss the chance to seize this promising investment opportunity in the Saint Matthews-Fort Motte Area! Previous historical sales price was $106,177.00. An older structure (AS IS) exists on the site. Surrounded by the picturesque countryside, the area is renowned for its equestrian culture, sprawling farms, and pastoral landscapes. Just a short drive away, residents can explore the historic town of Elloree, known for its rich heritage and thriving arts scene. With its tranquil setting and proximity to outdoor recreation, this multifamily commercial/residential zoned tract is an ideal investment for those seeking a peaceful yet vibrant community to call home. Downtown Elloree YouTube Snapshot: https://www.youtube.com/watch?v=oqzBjXHD1XE

$61,350.00 Sales Price | Possible Owner Financing. Commission Structure is a 6.00% 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 Calhoun 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 Attorney will focus on the other costs and the Buyer's costs on the Buyer's nickel.

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