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    411 W Main St Lexington, SC 29072

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    For Sale
    $1,750,000

    2.93 acres suitable for hotel, restaurant, or medical development.

    Property size:
    8,537 SF
    Lot size:
    1.61 Acres

    Property Features for 411 W Main St

    General Information

    Size
    8,537 SF
    Lot size
    1.61 Acres

    Source: ERA Wilder Realty Inc. - Columbia Agent David Brock

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land in Lexington, SC

    This property features approximately 2.93 acres of land available for development, presenting opportunities for hotel, restaurant, or medical facilities. It includes an 8,537-square-foot building in good condition. The location is in the heart of Lexington, South Carolina, an area experiencing significant growth. The business-friendly environment of Columbia, South Carolina, makes it an attractive option for companies looking to relocate or expand in the southeastern United States. South Carolina has a corporate income tax rate of 5%, the lowest in the Southeast, and the cost of living remains below the national average. Several large corporations, including Aflac, Verizon, and Amazon, have expanded in the market in recent years, adding nearly 3,000 jobs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Catch Seafood Seafood Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2446962
    Latitude
    33.9860617

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    FAQs

    What type of property is this?
    Individual retail property - 2.93 acres suitable for hotel, restaurant, or medical development.
    Where is this individual retail property located?
    The property is located at 411 W Main St Lexington, SC.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - +/-2.93 acres for development in the heart of the City of Lexington.; - Suitable for hotel, restaurant, or medical use.; - Building in great condition with 8,537 SF.
    (803) 728-8400
    Request Owner's contact information
    411 W Main St 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
    411 W Main St Lexington, SC 29072
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