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    1551 S Lake Dr Lexington, SC 29072

    Picture of Commercial land at S Lake Dr 1551, Lexington, SC
    For Sale
    $450,000

    Commercial - Lexington, SC

    Property size:
    2,056 SF
    Lot size:
    3.04 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 1551 S Lake Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    ID
    APN
    006500-03-021
    Parking
    10
    Size
    2,056 SF
    Lot size
    3.04 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    2
    Building materials
    Frame
    Architectural style
    Other

    Southern Visions Realty, Inc (803) 359-9571 [email protected]

    Listing agent Angela Cash (803) 359-9571

    Listing date Oct 17, 2025

    MLS# 619838 Listing URL

    Copyright © 2025 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.

    Overview

    Development Opportunity in Lexington, SC

    This 3.04-acre parcel offers a development opportunity in a growing area of Lexington, South Carolina. The site features road frontage on South Lake Drive and is zoned ID (Intensive Development), making it suitable for commercial or mixed-use projects. A two-story residence, approximately 2,056 square feet, is located on the property. Configured as a 3-bed, 2-bath home, it provides flexibility during the transition to redevelopment. Additional adjoining parcels are available, allowing for assemblage and increased scale. A 402-home residential project is planned directly across the street, and major retail anchors, including Walmart and a new Target development, are located nearby. The property benefits from high visibility and existing infrastructure, positioning it for investors, developers, or end users.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.235275
    Latitude
    33.926699

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    FAQs

    What type of property is this?
    Commercial land - 3.04-acre parcel ideal for commercial or mixed-use development.
    Where is this commercial land located?
    The property is located at 1551 S Lake Dr Lexington, SC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - 3. 04-acre parcel zoned ID (Intensive Development) ideal for commercial or mixed-use ventures.; - **Substantial road frontage on highly traveled South Lake Drive offers high visibility.**; - Located in a fast-growing corridor with major momentum, including a 402-home residential project across the street.
    (803) 359-9571
    Request Owner's contact information
    1551 S Lake Dr Lexington, SC 29072
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    Lexington, SC 29072
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1551 S Lake Dr Lexington, SC 29072
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