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    4939 Sunset Blvd Lexington, SC 29072

    Sponsored
    For Sale
    $3,500,000

    Prime 28-acre commercial lot, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 28.47-acre commercial land parcel presents a remarkable investment opportunity in Lexington, South Carolina. Situated on Sunset Boulevard, a major thoroughfare connecting Lexington to Columbia, this property boasts high visibility and accessibility. The site offers approximately 20 usable acres, with potential for subdivision, making it ideal for a variety of commercial developments. Conveniently located approximately 2.3 miles from I-20 (Exit 61), this location ensures easy access to major transportation routes. The property features approximately 285 feet of road frontage and benefits from access to water and sewer utilities. The gently sloping topography towards the rear of the property provides versatile development options. This land is zoned for General Commercial use within the Town of Lexington. Furthermore, its location within the desirable Lexington 1 school district adds to its appeal. High traffic volume is confirmed by a 2021 traffic count of 43,700 vehicles per day (VPD). The asking price for this significant commercial land opportunity is $3,500,000.

    Property Features for 4939 Sunset Blvd

    General Information

    Property type
    Land
    Lot Size
    1,240,153 SF

    HighLights

    • 20‑acre usable land parcel.
    • Subdivision potential.
    • Water and sewer availability.
    • 285 feet of road frontage.
    • Gentle sloping topography.
    • Located in the desirable Lexington 1 school district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -81.1872493
    Latitude
    34.0102583

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    FAQs

    What type of property is this?
    Land - Prime 28-acre commercial lot, high traffic area.
    Where is this land located?
    The property is located at 4939 Sunset Blvd Lexington, SC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 20-acre usable land parcel.; Subdivision potential.; Water and sewer availability.
    (803) 900-8017
    Request Owner's contact information
    4939 Sunset Blvd 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
    4939 Sunset Blvd Lexington, SC 29072
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