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Highway 462

Updated Aug 21, 2026

SOLDLand

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:

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

Scott Richardson

Crosby Land Company

Broker

$2.1M

vol

1 deal

Broker
Jennifer Morris

Jennifer Morris

The Nature Conservancy

Buyer

$2.1M

vol

1 deal

Buyer

Ridgeland Land Market Snapshot

Boundary boundary · Land · Sale transactions

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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

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