2438 Mineral Springs Rd, Lexington, SC 29072
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.