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    1901 Augusta Hwy Lexington, SC 29072

    Sponsored
    For Sale
    $350,000

    Prime 1-acre lot, Augusta Hwy frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land parcel, located at 1901 Augusta Hwy in Lexington, South Carolina, presents a unique investment opportunity. The property encompasses approximately one acre and boasts 168 feet of frontage along the heavily trafficked Augusta Highway, providing excellent visibility and accessibility for any business. The site currently features a small house, which holds no assessed value and is considered uninhabitable. Existing utilities include electricity, a well, and septic system, all in as-is condition. The property's zoning and potential for expansion are subject to Lexington County's subdivision and plat approval process, requiring a survey to determine the exact boundaries. This prime location is served by the award-winning Lexington One school district, making it an attractive area for employees and residents alike. An aerial view is available for review, providing a comprehensive visual representation of the property's layout and surroundings. The asking price for this exceptional commercial land is $350,000. This presents a rare chance to establish a business in a thriving South Carolina community. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 1901 Augusta Hwy

    General Information

    Property type
    Land

    HighLights

    • 1901 Augusta Hwy, Lexington, SC: One‑acre commercial lot with 168' of frontage on Augusta Hwy.
    • Small uninhabitable house on site (no assessed value).
    • Existing utilities: electricity, well, and septic (as‑is condition).
    • Zoning and expansion subject to Lexington County approvals; survey required.
    • Located in the Lexington One school district.
    • Asking price: $350,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Montessori School of Lexington Montessori School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -81.2797779
    Latitude
    33.9792172

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    FAQs

    What type of property is this?
    Land - Prime 1-acre lot, Augusta Hwy frontage.
    Where is this land located?
    The property is located at 1901 Augusta Hwy Lexington, SC.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 1901 Augusta Hwy, Lexington, SC: One-acre commercial lot with 168' of frontage on Augusta Hwy.; Small uninhabitable house on site (no assessed value).; Existing utilities: electricity, well, and septic (as-is condition).
    Request Owner's contact information
    1901 Augusta Hwy 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
    1901 Augusta Hwy Lexington, SC 29072
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