Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    378 Hwy Lexington, SC 29072

    For Sale
    $795,000

    High-traffic 2.5-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.5-acre commercial land parcel is strategically located at the signalized intersection of Highway 378 and Wise Ferry Road in Lexington, South Carolina, zip code 29072. Boasting approximately 475 feet of frontage on Wise Ferry Road and approximately 258 feet of frontage on Highway 378, this property offers unparalleled visibility and accessibility. The site benefits from high traffic counts, with approximately 18,000 vehicles per day on Highway 378 and 12,100 vehicles per day on nearby Charter Oak Road. Its convenient location is less than two miles west of the intersection of US Highway 378 and US Highway 1, and just one mile east of the Publix-anchored Hendrix Crossing Center. Zoned ID (Intensive Development), this property presents a multitude of development opportunities. The asking price is $795,000. Please note that use restrictions prohibit the construction of a convenience store or "dollar type" discount store (including, but not limited to, Family Dollar, Fred's, Dollar General, or Dollar Tree), and petroleum facilities. This prime location and flexible zoning make this an ideal investment for a variety of commercial ventures.

    Property Features for 378 Hwy

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑acre commercial land parcel in Lexington, SC (29072).
    • Intensive Development (ID) zoning.
    • Approximately 475 feet of frontage on Wise Ferry Road and 258 feet on Highway 378.
    • High traffic counts: 18,000 VPD on Highway 378 and 12,100 VPD on Charter Oak Road.
    • $795,000 asking price; use restrictions prohibit convenience stores, dollar stores, and petroleum facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2739073
    Latitude
    33.9989114

    Nearby Similar for Sale

    • $650,000
      5,320 SF

      Lexington Mobile Home Park Investment

      Updated mobile home park with strong income potential in Lexington.
      128 Sandy Springs Ln, Lexington, SC 29073
      View Details
    • $499,900
      4,920 SF

      Versatile Commercial Building on Augusta Road

      Three-story, 4920 sq ft building suitable for office, retail, medical.
      4220 Augusta Rd, Lexington, SC 29073
      View Details
    • $400,000
      1,808 SF

      Versatile Lexington Property with Updates

      Updated 1.13-acre property zoned for limited commercial use.
      104 Round Knob Rd, Lexington, SC 29072
      View Details
    • $799,000
      3,115 SF

      Lexington Commercial Property For Sale

      Commercial property in rapidly developing area with high visibility.
      2430 Mineral Spg St, Lexington, SC 29072
      View Details
    • $249,000
      1,596 SF

      Lexington Commercial Property for Sale

      Commercial property in Lexington, SC, ideal for retail.
      1608 W Main St Apt, Lexington, SC 29072
      View Details
    • $799,000
      10,000 SF

      Lexington Commercial Property with Income

      1.07 acre property with multiple units and income potential.
      2040 S Lake Dr, Lexington, SC 29073
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic 2.5-acre commercial lot
    Where is this land located?
    The property is located at 378 Hwy Lexington, SC.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: 2.5-acre commercial land parcel in Lexington, SC (29072).; Intensive Development (ID) zoning.; Approximately 475 feet of frontage on Wise Ferry Road and 258 feet on Highway 378.
    Request Owner's contact information
    378 Hwy Lexington, SC 29072
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    378 Hwy
    Lexington, SC 29072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    378 Hwy Lexington, SC 29072
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.