Updated Aug 21, 2026
Jennifer Morris Of The Nature Conservancy Acquires 212 Acres In Ridgeland SC For $2.1M
Highway 462
$2,100,000
Building Size
—
Asset Type
Land
Closing
Aug 21, 2026
About this deal
AI
The sale involved 212 acres of land located on Highway 462 in Ridgeland, SC, for a total of $2,100,000. The transaction closed on August 5, 2026. This land is part of the former Chelsea Plantation, which is earmarked to be incorporated into a planned state forest.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $2,100,000
- Buyer: Jennifer Morris - The Nature Conservancy
- Seller: Keeling Land & Cattle - COMM LLC
- Broker: Scott Richardson - Crosby Land Company
- Acres: 212
- Market: Ridgeland, SC
Jennifer Morris represents The Nature Conservancy in the acquisition, which follows their previous purchase of 2,700 nearby acres for $32 million in 2025. Keeling Land & Cattle - COMM LLC acted as the seller in this real estate transaction.
Players
Ridgeland Land Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93