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    OFF-MARKET
    Land

    2438 Mineral Springs Rd, Lexington, SC 29072

    1.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 1.77 ac (77,101 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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