0 46.85 Acres Morgan Dr, Lexington, SC 29072
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.