Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Murray Waterfront Lot Title is generated by Realmo AI

    1179 lake Drive, Leesville, SC 29070

    View on Map
    Claim this Listing
    Picture of Waterfront Land at 1179 lake Drive, Leesville, SC
    For Sale
    $89,000

    Acreage - Leesville, SC

    Lot size:
    0.13 Acres
    Added:
    May 13, 2026
    Days on Market:
    24
    Last Refresh:
    Jun 5 at 3:06 pm

    Property Features for 1179 lake Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    PO 206-26-01-224
    Lot size
    0.13 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Dawn Glass

    Listing agent Dawn Glass

    Listing office Lake Murray Properties, Inc. 108 Front Street, Gilbert, SC

    Listing date May 13, 2026

    MLS# 633970 Listing URL

    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.

    Overview

    This 0.13-acre waterfront lot is located in the Lake Murray Shores neighborhood of Leesville, South Carolina. The property has a 2-bedroom septic system already in place, and public water is available. The lot may be suitable for fishing, boating, a small fishing cabin, or lake toy storage. The neighborhood is golf cart friendly and is located close to boat ramp 3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Real Estate Agency Car Rental Facility Travel Agency (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesville
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.485969
    Latitude
    34.075005

    Nearby Similar for Sale

    • $675,000
      4,500 SF

      Live-Work Flex Building with Overhead Doors

      Stud-framed live-work building with open shop, office space, lifts, and multiple overhead doors on a nearly 3-acre tract.
      5229 Augusta Highway, Leesville, SC 29070
      View Details
    • $600,000
      3,192 SF

      Leesville Commercial Property with Equipment

      Commercial property in Leesville, SC with included automotive equipment.
      402 N Lee Street, Leesville, SC 29070
      View Details
    • $675,000

      Live-Work Flex Building With Shop

      Stud-framed commercial building with office and living quarters, multiple overhead doors, and covered storage on nearly 3 acres.
      5229 Augusta Highway A, Leesville, SC 29070
      View Details
    • $179,000
      1,800 SF

      Leesville Office Building For Sale

      1800 SF office building in the heart of Batesburg-Leesville.
      326 E Church Street, Leesville, SC 29070-7724
      View Details
    • $725,000
      1,736 SF

      Waterfront Land with Dock and Building

      Wooded waterfront parcel on Lake Murray with dock, private boat ramp, and a concrete block event-ready building.
      0 Rock N Creek Road Lot 4, Leesville, SC 29070
      View Details
    • $349,000

      Leesville, SC Acreage For Sale

      Corner lot with endless possibilities in Leesville, South Carolina.
      0 Hallman Wagon Road, Leesville, SC 29070
      View Details
    • $975,000

      Prime Commercial Land in Leesville

      15.45 acres with high visibility and road frontage.
      5346 Augusta Highway, Leesville, SC 29070
      View Details
    • $57,000

      Leesville Land Near Boat Ramp

      Three connecting lots near public boat ramp in Leesville, SC.
      Holley Ferry Road, Leesville, SC 29070-0000
      View Details
    • $109,000

      Lake Murray Acreage Opportunity

      Acreage near Lake Murray with potential for various uses.
      1168 Lake Drive, Leesville, SC 29070-0000
      View Details
    • $220,000

      Leesville Wooded Acreage For Sale

      5.5-acre wooded tract in Leesville, SC, perfect for building.
      650 Horse Creek Road, Leesville, SC 29070
      View Details
    • $399,000

      Lakefront Residential Development Land

      Lake Murray waterfront acreage with an existing dock and private boat ramp in a wooded, dockable setting.
      0 Rock N Creek Road Lot 3, Leesville, SC 29070
      View Details
    • $275,000

      Leesville Commercial Land Opportunity

      1.96 acres suitable for retail, medical, or office development.
      0 E Church Street, Leesville, SC 29070
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront lot with septic, public water access, near boat ramp.
    Where is this waterfront land located?
    The property is located at 1179 lake Drive Leesville, SC.
    What is the asking price?
    The asking price for this property is $89,000.
    (803) 359-1113
    We can help!
    Listing Contact
    Dawn Glass
    Real Estate License ID: 93670
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1179 lake Drive, Leesville, SC 29070
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!