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    0 46.85 Acres Morgan Dr, Lexington, SC 29072

    46.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 46.85-acre property in Lexington County, South Carolina, presents a unique investment opportunity. Located in the highly sought-after River Bluff school district, this land offers the potential for a lucrative subdivision development. The property's strategic location near Augusta Highway, I-20, and downtown Lexington ensures convenient access to major transportation routes and urban amenities. The seller is open to subdividing the land into executive lots of 5 acres or more, catering to a variety of development plans. The property boasts privacy while remaining close to the town of Lexington, and benefits from the proximity to the planned expansion of Lexington Medical Center, further enhancing its future value. Gravity sewer and water are readily available. Mature hardwoods cover this heavily wooded parcel, making it suitable for large, private estate homes or a land banking strategy. This is a rare opportunity to acquire one of the last undeveloped tracts in this rapidly growing area. Buyers are responsible for verifying all details, including but not limited to square footage, acreage, zoning, schools, neighborhood amenities, and fees, before entering into a contract. The property is zoned for residential use and is situated at 46.85 acres Morgan Drive, Lexington, SC 29072. The asking price is $1,803,725.

    Property profile
    Verified
    Property type Land
    Lot 46.85 ac (2,040,786 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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