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    1979 S Lake Dr Lexington, SC 29073

    Picture of Commercial land at S Lake Dr 1979, Lexington, SC
    For Sale
    $1,300,000

    Commercial - Lexington, SC

    Lot size:
    4.18 Acres
    Days on Market:
    299
    Last Refresh:
    Dec 12 at 11:06 pm

    Property Features for 1979 S Lake Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    007600-02-017
    Lot size
    4.18 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent W Rhett Kelly (803) 359-9571

    Listing date Feb 17, 2025

    MLS# 566317 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

    Lexington Commercial Land For Sale

    This commercial property features approximately 4.18 acres of land on S Lake Dr. in Lexington, South Carolina. The site is suitable for commercial development and offers around 355 feet of road frontage. According to a 2020 SCDOT report, S Lake Drive experiences a traffic volume of 15,400 vehicles per day (VPD). Water and sewer services are available to the property. An additional +/- 9.04 acres adjacent to this property is also for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.220364
    Latitude
    33.903539

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    FAQs

    What type of property is this?
    Commercial land - 4.18 acre commercial development site with road frontage.
    Where is this commercial land located?
    The property is located at 1979 S Lake Dr Lexington, SC.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime commercial development site totaling approximately 4.18 acres.; - High traffic volume: 15,400 vehicles per day (VPD) reported in 2020.; - Approximately 355 feet of road frontage on S Lake Dr.
    (803) 359-9571
    Request Owner's contact information
    1979 S Lake Dr Lexington, SC 29073
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    1979 S Lake Dr
    Lexington, SC 29073
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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
    1979 S Lake Dr Lexington, SC 29073
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