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    2450 Mineral Springs Rd Lexington, SC 29072

    For Sale
    $495,000

    Prime Lexington County land, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land offering presents a unique investment opportunity in Lexington County, South Carolina. The property consists of two adjacent parcels totaling approximately 3.77 acres, with the option to purchase individually or as a combined package. Parcel 2450 Mineral Springs Road encompasses approximately 1.90 acres and boasts 170.9 feet of frontage on Mineral Springs Road, while the adjacent parcel, 2458 Mineral Springs Road, offers approximately 1.87 acres and 183.9 feet of frontage. Combined, the parcels provide an impressive 354.8 feet of road frontage. The location offers excellent visibility and accessibility, situated in close proximity to Sunset Boulevard and the Town of Lexington. Zoning designations vary

    Property Features for 2450 Mineral Springs Rd

    General Information

    Property type
    Land

    HighLights

    • 170.9'± frontage on Mineral Springs Road (Parcel 2450) and 183.9'± frontage (Parcel 2458), totaling 354.8'± combined frontage.
    • Excellent location near Sunset Boulevard and Lexington.
    • Zoned Intensive Development (Parcel 2450) and Restrictive Development (Parcel 2458).
    • High traffic counts: 10,700 VPD on Mineral Springs Road and 40,400 VPD on Sunset Boulevard (2023 data).
    • Parcel 2450 priced at $495,000; Parcel 2458 priced at $490,000; combined purchase price: $985,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -81.202228832886
    Latitude
    34.002184609108

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    FAQs

    What type of property is this?
    Land - Prime Lexington County land, high traffic area.
    Where is this land located?
    The property is located at 2450 Mineral Springs Rd Lexington, SC.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 170.9'± frontage on Mineral Springs Road (Parcel 2450) and 183.9'± frontage (Parcel 2458), totaling 354.8'± combined frontage.; Excellent location near Sunset Boulevard and Lexington.; Zoned Intensive Development (Parcel 2450) and Restrictive Development (Parcel 2458).
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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
    2450 Mineral Springs Rd Lexington, SC 29072
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