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    621 Us-378 Lexington, SC 29072

    For Sale
    $2,375,000

    Prime Lexington County commercial land, 22 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 22.47-acre commercial land parcel, located at 621 US-378 in Lexington, South Carolina, presents a unique investment opportunity. Boasting approximately 1,220 feet of frontage on Highway 378, this property is strategically positioned in a high-growth corridor between the Charter Oak/Highway 378 and Wise Ferry Road/Highway 378 intersections. The site offers approximately 18.97 acres of usable land, ideal for a variety of commercial developments. Zoned for Intensive Development (ID) within Lexington County, this location benefits from the highly desirable Lexington School District One. Its proximity to the Town of Lexington (less than three miles west) provides easy access to amenities and a thriving community. Utilities are readily available, with sewer service provided by the Town of Lexington and water by JMWSC. The asking price for this significant land holding is $2,375,000. This property represents a compelling chance to capitalize on the robust growth and development potential of this prime Lexington County location.

    Property Features for 621 Us-378

    General Information

    Property type
    Land
    Lot Size
    978,793 SF

    HighLights

    • ±22.47 acres (±18.97 acres usable) with ±1,220 feet of highway frontage on Hwy 378.
    • Sewer service provided by the Town of Lexington.
    • Water service provided by JMWSC.
    • Asking price: $2,375,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.293834
    Latitude
    33.991466

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    FAQs

    What type of property is this?
    Land - Prime Lexington County commercial land, 22 acres.
    Where is this land located?
    The property is located at 621 Us-378 Lexington, SC.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: ±22.47 acres (±18.97 acres usable) with ±1,220 feet of highway frontage on Hwy 378.; Sewer service provided by the Town of Lexington.; Water service provided by JMWSC.
    Request Owner's contact information
    621 Us-378 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
    621 Us-378 Lexington, SC 29072
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