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This 19. 15 acre property is located at the corner of Barnwell Street and Louisiana Street in Downtown Springfield in Orangeburg County, South Carolina. The parcel includes a mix of land uses and terrain types. A substantial portion of the total acreage, approximately 11. 3 acres, is tillable ground. The tillable acreage may be subdivided and supports a range of potential land use options including development of residential, commercial or mixed use parcels subject to local planning and permitting. The property has established street frontage on both Barnwell Street and Louisiana Street providing direct access to the site. City water and sewer services are available at the street and may be extended to serve future development. Utility availability reduces the need for offsite infrastructure extensions subject to utility provider requirements and local approvals. Topography on the property consists of generally level to gently sloping terrain typical of the Downtown Springfield area. The tillable acreage has historically been maintained in agricultural production. Remaining acreage transitions from open ground to areas suitable for infrastructure, buildings, parking or other improvements. Portions of the site that are not tillable may support stormwater management, green space or buffer areas as part of a site plan. Springfield is located in western Orangeburg County. Springfield is a small town with local street networks and access to state roads including South Carolina Highway 4 which provides regional connectivity. The property's proximity to town services and infrastructure supports multiple land use concepts subject to zoning, ordinances and permitting by appropriate municipal and county authorities. Orangeburg is approximately 27 miles to the east by highway providing broader access to retail, services, transportation and employment centers. Nearby towns include Salley approximately 5 miles to the north, Neeses approximately 9 miles to the east, Norway approximately 9 miles to the east southeast and Blackville about 9 miles to the south. Additional communities within a roughly 10 to 15 mile radius include Perry, Elko, Williston and Wagener. Many of these communities provide access to schools, local businesses and services that contribute to the regional network of towns surrounding Springfield. Given its location within Downtown Springfield and connectivity to local roads, this 19. 15 acre property is well positioned for a range of potential uses. The 11. 3 acres of tillable ground offers open land for development, while the remaining acreage provides additional flexibility for infrastructure improvements. Prospective buyers should consult local zoning ordinances, land use plans, and permitting authorities to determine allowable uses and any requirements for development. The availability of city water and sewer at the street can facilitate future improvements subject to confirmation from utility providers and compliance with permitting processes. This property also may appeal to those seeking acreage close to small community amenities and local road networks for recreational, agricultural or investment purposes. Its mix of open and unencumbered acreage creates a site that can accommodate various land use strategies with access to essential utilities and regional road connections. Documentation related to property boundaries, utility availability, and other due diligence information should be reviewed by prospective purchasers to inform planning and decision making.
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Our Executive Mortgage Banker:
$160,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $128,000 | $128,000 | $128,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $757 | $788 | $1,037 |
| Total Monthly Payment | $832 | $863 | $1,112 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.