Plaza Drive - 1 Plaza Drive, Hilton Head Island, SC 29926
For Sale
For Sale
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Year Built
1983
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Total Building Size
5,332 RSF
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Overview
Situated at the signalized intersection of William Hilton Parkway and Dillon Road, at the entrance to Port Royal Shopping Center. a bustling center with a myriad of long standing restaurants, shops and services including CVS, Wachovia, McDonald's and Jiffy Lube and several new tenants including Planet Fitness. Located on the north end of the island and surrounded by commercial and residential developments including the redeveloped Seaturtle Marketplace, and just a few minutes drive to Hilton Head airport, hospital and schools. There are multiple points of access on Highway 278 and Mathews Drive. This property is located in a designated opportunity zone. Extremely rare opportunity to purchase a high profile 1.35 acre parcel at signalized corner and entrance to busy shopping center on Hilton Head Island. This land is unique in that you get the tax benefits of purchasing in a qualified opportunity zone why benefiting from the strong demographics surrounding the property. The parcel is situated on the southeast corner of Highway 278 (William Hilton Parkway) and Dillon Road. Traffic counts on William Hilton Parkway exceed 35,000 vpd. The shopping center is supported by a population of approximately 32,160 people living within a five mile radius, with an average annual household income in excess of $108,000. This is an ideal redevelopment opportunity for any developer looking for great visibility, easy access, favorable tax benefits and strong demographics.
Property Details
Situated at the signalized intersection of William Hilton Parkway and Dillon Road, at the entrance to Port Royal Shopping Center. a bustling center with a myriad of long standing restaurants, shops and services including CVS, Wachovia, McDonald's and Jiffy Lube and several new tenants including Planet Fitness. Located on the north end of the island and surrounded by commercial and residential developments including the redeveloped Seaturtle Marketplace, and just a few minutes drive to Hilton Head airport, hospital and schools. There are multiple points of access on Highway 278 and Mathews Drive. This property is located in a designated opportunity zone. Extremely rare opportunity to purchase a high profile 1.35 acre parcel at signalized corner and entrance to busy shopping center on Hilton Head Island. This land is unique in that you get the tax benefits of purchasing in a qualified opportunity zone why benefiting from the strong demographics surrounding the property. The parcel is situated on the southeast corner of Highway 278 (William Hilton Parkway) and Dillon Road. Traffic counts on William Hilton Parkway exceed 35,000 vpd. The shopping center is supported by a population of approximately 32,160 people living within a five mile radius, with an average annual household income in excess of $108,000. This is an ideal redevelopment opportunity for any developer looking for great visibility, easy access, favorable tax benefits and strong demographics.
- Property TypeLand, Office
- Year Built1983
- Sale Price$1,300,000
- Total Building Size5,332RSF
- Total Acres1.35
- Sale StatusAvailable
- Property ID959288