Beach Commercial sells Jasper County tract for $16M

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Beach Commercial brokered the $16 million sale of a 620-acre tract of land in Jasper County.

Beach Commercial, a division of The Beach Co. of Charleston, represented Drapac Capital Partners of Atlanta in the sale of the land, which is fully entitled for 1,400-1,700 dwelling units, including single-family, multifamily and townhome residences, as well as 10 acres of commercial space, according to a news release from the commercial real estate firm.

The property is within the town of Ridgeland off of Argent Boulevard near the main route linking Interstate 95 to Hilton Head Island.

“This tract is ideally situated in a location that is currently experiencing extensive growth and is primed for further development,” Eddie Hughes with Beach Commercial said in the news release. “Not only is it in close proximity to Interstate 95 and several fast-growing master-planned communities, including Sun City Hilton Head and Latitude Margaritaville, but it also provides quick access to several retail and dining options as well as lifestyle amenities.”

Hughes represented the seller and Jason Long with Southeastern Development Associates represented the buyer.

Beach Commercial, a Division of The Beach Co., is the oldest locally and family owned full service commercial real estate firm in Charleston.

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Representing Atlanta-based Drapac Capital Partners, Beach Commercial brokered the sale of the large tract, which is fully entitled for 1,400-1,700 dwelling units, including single-family, multifamily and townhome residences, as well as 10 acres of commercial space. 

“This tract is ideally situated in a location that is currently experiencing extensive growth and is primed for further development,” says Eddie Hughes with Beach Commercial. “Not only is it in close proximity to Interstate 95 and several fast-growing master-planned communities including Sun City Hilton Head and Latitude Margaritaville, but it also provides quick access to several retail and dining options as well as lifestyle amenities.”

Eddie Hughes with Beach Commercial represented the seller, and Jason Long with Southeastern Development Associates represented the buyer, who was not disclosed.