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Commercial Development Land with Home
For Sale
$450,000

1551 Lake Drive, Lexington, SC 29073

COMMERCIAL - Lexington, SC

Property Size2,056 SF
Lot Size3.04 Acres
Price / SF$218.87
Days on Market84

Property Features for 1551 Lake Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning ID
Elementary school Red Bank
Middle school White Knoll
High school White Knoll
Directions I-20 to Exit 55 (South Lake Dr/SC-6) toward Red Bank, continue approx. 2.5 miles, property on left just past Industrial Dr.
Subdivision Lexington and surrounding area
Standard status Active
Lot size 3.04 Acres

Utilities

Water source Public
Listing Agency: Southern Visions Realty I LLC
Listed By: Angela Cash
Added: May 21 Changed: Aug 4 Last Checked: Aug 12 at 8:06PM
MLS# 634743

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 commercial land offering totals 3.04 acres and includes a two-story home totaling approximately 2,056 SF, with 3 bedrooms and 2 bathrooms. The property features approximately 373 feet of road frontage, providing direct visibility and access for prospective development planning.

The site is located on highly traveled South Lake Drive in Lexington. Public remarks also indicate that additional adjoining parcels may be available to support a larger assemblage.

The property is described as being directly across the street from a planned 402-home residential development, and it is positioned near major retail anchors including Walmart and a new Target development just up the road.

Key Highlights

  • 3.04‑acre development site with approximately 373 feet of road frontage on highly traveled South Lake Drive in Lexington
  • Public water available
  • Adjacent parcels may be available to purchase for a larger assemblage

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

46
Businesses Nearby

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
Rey
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 - 3.04 acres with about 373 feet of road frontage on South Lake Drive, plus a two-story 2,056 SF home.
Where is this commercial land located?
The property is located at 1551 Lake Drive 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 development site with approximately 373 feet of road frontage on highly traveled South Lake Drive in Lexington; Public water available; Adjacent parcels may be available to purchase for a larger assemblage
More about this property
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