Commercial Land with Brick
For Sale
$689,000
1000 Two Notch Road, Lexington, SC 29073
COMMERCIAL/INDUSTRIAL, Lexington, SC
Property Size1,850 SF
Lot Size3.77 Acres
Price / SF$372.43
Days on Market188
Property Features for 1000 Two Notch Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ID
Parking
2
Directions
From I 20 East bound take exit 55 making a right turn on to North Lake dr. Go to traffic light and turn left on to Two Notch Rd and travel approx 1/2 mile and the property will be on your left hand side.
Subdivision
Lexington and surrounding area
Standard status
Active
Size
1,850 SF
Lot size
3.77 Acres
Utilities
Cooling system
Central Air
Building Details
Floors in Building
2
Roof type
Shingle
Listing Agency:
Southern Visions Realty I LLC
Listed By:
Donnie Canady
(803) 359-9571
Added: Apr 2
Changed: Oct 2
Last Checked: Oct 6 at 7:06PM
MLS# 630573
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3.77-acre commercial land offering includes an existing 1850-square-foot brick structure that may be converted for office or other business use. The building has central air conditioning and a shingle roof, providing an established improvement on the site.
The property has frontage along both I-20 and Two Notch Road in Lexington, South Carolina, with direct access to major thoroughfares and connections to Columbia, Lexington, and surrounding areas. Zoning is identified as ID. The site’s configuration combines substantial land area with an existing structure and exposure to two transportation corridors.
The property has frontage along both I-20 and Two Notch Road in Lexington, South Carolina, with direct access to major thoroughfares and connections to Columbia, Lexington, and surrounding areas. Zoning is identified as ID. The site’s configuration combines substantial land area with an existing structure and exposure to two transportation corridors.
Key Highlights
- 3.77 +/- acres of commercial land
- 1850‑square‑foot brick structure suitable for office conversion
- Dual frontage along I‑20 and Two Notch Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,806
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,120
$496.1K
Cap Rate 7%
$354,371
$354.4K
Cap Rate 9%
$275,622
$275.6K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$35.3K $19.08/SF
− Vacancy
−$2.2K −$1.20/SF
EGI
$33.1K $17.88/SF
− OpEx
−$8.3K −$4.47/SF
NOI
$24.8K $13.41/SF
Area
Lexington County, SC
Vacancy
6.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,120
Cap Rate 7%
$354,371
Cap Rate 9%
$275,622
Alternative Uses
Best Use
Office B
$354.4K
$310.1K – $413.4K
NOI $24,806 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$496.9K
$434.8K – $579.7K
NOI $34,780 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Explore this area
Business Placement
Demographics for 29073, SC
48,653
Population
20,239
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
81.8 sq mi
ZIP Area
595
Density / Sq Mi
$72,648
Median Household Income
$45,050
Median Earnings
$1,046
Median Rent
$198,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - ID-zoned acreage includes an existing brick structure suitable for office conversion or other business use.
Where is this commercial land located?
The property is located at 1000 Two Notch Road Lexington, SC.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: 3.77 +/- acres of commercial land; 1850‑square‑foot brick structure suitable for office conversion; Dual frontage along I‑20 and Two Notch Road
