2438 Mineral Springs Rd Lexington, SC 29072

OFF-MARKET

Land

1.77 ac lot

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This exceptional commercial land parcel, located at 2484 Mineral Springs Rd, Lexington, SC 29072, presents a prime development opportunity. Spanning 1.94 acres, this property sits within a heavily trafficked retail corridor, boasting over 41,700 vehicles daily on nearby Sunset Boulevard and 10,500 vehicles per day on Mineral Springs Road itself. The area is characterized by high affluence, with average household incomes exceeding $100,000. The property's ID (Intensive Development) zoning permits a high density of development, allowing for 8 or more dwelling units per acre. Lexington County TMS number is 004423-01-010. City water and sewer services are readily available, simplifying infrastructure needs. The asking price for this exceptional parcel is $775,000. This represents a significant investment opportunity in a thriving South Carolina community. The property's location and zoning make it ideal for a variety of commercial developments.

Property type Land

Lot 1.77 ac (77,101 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

2438 Mineral Springs Rd Lexington, SC 29072

Lexington metro

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Comparables

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