Listing Agency: Southern Visions Realty I LLC Show Phone

Listed By: W Rhett Kelly · License #86844 Show Phone

Source: Toddrealtypartners

Added: Jul 15, 2022 Changed: Oct 25 Last Checked: Oct 26 at 4:04AM

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Investment Insights

Based on property information with market context.

This commercial land offering spans more than 9 acres and carries an ID (Intensive Development) zoning designation. Road frontage measures over 441 feet along S Lake Drive and 859 feet along New Orangeburg Road, providing access from both roads.

S Lake Drive carries a reported volume of 13,700 vehicles per day, based on SCDOT 2019 data. The property is located at 1981 S Lake in Lexington, South Carolina.

Key Highlights

• More than 9 acres of commercial land
• Over 441 feet of frontage on S Lake Drive and 859 feet on New Orangeburg Rd.
• ID (Intensive Development) zoning

Property Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Electrical Service Spa & Massage Center Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

169

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - ID zoning and access from two roads support commercial development planning.

Where is this commercial land located?

The property is located at 1981 S Lake Lexington, SC.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: More than 9 acres of commercial land; Over 441 feet of frontage on S Lake Drive and 859 feet on New Orangeburg Rd.; ID (Intensive Development) zoning