Workforce, Hunting Cabin, Modular, AG Worker Housing Site Well Situated To Maximize 1 Acre Lee County
$24,950
1637 Elliott Highway, Bishopville, SC 29010
1 acres
Lot Area
1
Seller Financing
Details:
Highlights:
- Manufactured Housing Land/Home Site or Workforce Housing Multifamily Site
- No Zoning to mess with your use intent
- Plenty of amenities in the area - Dove/Deer Hunting
- Close to Florence, Sumter, Darlington, and numerous roads and Interstates
Description:
Property Description
Investment Highlights
$24,950 basis with an existing 1,152 SF building already in place. The offering combines land value with a structure built in 1996, giving a buyer immediate control of an improved site rather than raw land. At this entry point, the acquisition supports multiple strategies, including occupancy, relocation of the structure, resale, or phased redevelopment.
Vacant possession creates immediate execution flexibility. The property has no reported in-place income and is currently vacant, so a buyer does not need to underwrite tenant rollover, lease assumptions, or deferred lease-up timing tied to existing occupants. That clean slate may shorten the timeline to repositioning once use and permitting are confirmed.
Use optionality is the core value driver. Marketing materials position the site for manufactured or modular housing, workforce housing, agricultural worker housing, hunting-cabin use, and other small-scale rural residential concepts. That range of potential outcomes broadens the buyer pool and allows an investor to align the asset with local demand rather than inherit a single-purpose improvement.
Existing regional connectivity supports practical housing and recreational use cases. The site is marketed as being close to Florence, Sumter, and Darlington, placing it within reach of multiple employment and service nodes while remaining in a lower-density rural setting. For workforce-oriented or recreational users, that balance may be more compelling than a purely remote tract with no nearby regional anchors.
Opportunity Zone location adds a longer-term capital planning angle. Third-party property records identify the parcel within a Qualified Opportunity Zone. For buyers evaluating hold-period tax strategy alongside low-basis land acquisition, that designation may enhance the appeal of a future improvement or structured investment approach.
Single-building configuration keeps the asset simple to underwrite and manage. With one building on site and no operating tenancy, the property presents a straightforward due diligence and execution profile relative to more complex rural assets with multiple structures or legacy occupancy issues. Simplicity at acquisition can be especially valuable at smaller deal sizes where carrying costs and transaction friction matter.
Possible owner financing may reduce upfront capital pressure. The offering memorandum states the seller may consider a half-down structure with financing on the balance. For private buyers and small investors, that may improve acquisition feasibility and preserve liquidity for title work, site improvements, utility planning, or relocation costs tied to the existing structure.
The property’s value proposition is tied to basis and optionality rather than current yield. Reported NOI is $0 with a 0.0% cap rate, so the opportunity is not a stabilized income acquisition. Instead, the investment case rests on acquiring an improved site at a modest price, completing targeted diligence, and creating value through entitlement, placement, occupancy, or resale strategy.
Prime investment opportunity in the Bishopville area! This property features a well-maintained 1,152 SF building, built in 1996, ideal for a variety of uses and suitable for sale or relocation. Zoned Special, it offers versatility for multifamily investors looking to capitalize on its strategic location. With ample space for expansion and strategic positioning in the need for housing in the Elliott-Bishopville area, this property presents an exceptional prospect to maximize returns and contribute to the burgeoning local real estate landscape. Explore the potential of this workforce infill property, offering a compelling blend of space, location, and lucrative investment potential. Pivot of thought: construct a Fraternity Initiation Site out in the countryside for Pledge Initiations.
$24,950.00 Sales Price | Possible Owner Financing. Commission Structure is a $3,500 Flat Fee Split Between the Listing and selling brokerage if a selling brokerage is involved. Property transfers at closing or upon payoff of seller financing. Property "AS IS, WHERE IS". All potential utilization is Buyer Due Diligence with Lee County Planning and Zoning. Discuss a possible half-down with 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, excluding the basics. The seller will execute a Quitclaim Deed at his cost, and the Attorney will focus on the other costs, with the Buyer paying costs on the Buyer's nickel.
Location Description
Discover the Bishopville area's vibrant potential, where rich history and modern opportunities converge. Located in the heart of Lee County, this area offers a harmonious blend of diverse attractions and amenitie
Documents:
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Offering Memorandum
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Location
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