0 Morgan Dr, Lexington, SC 29072
This exceptional 2.42-acre parcel in Lexington County, South Carolina, presents a unique opportunity for discerning buyers. Located on Morgan Drive, the property boasts approximately 303 feet of road frontage and is situated within the highly sought-after Lexington One school district. Its strategic location offers convenient access to Augusta Highway, I-20, and downtown Lexington, ensuring effortless connectivity. The property's potential is amplified by its proximity to the planned expansion of Lexington Medical Center, a development projected to significantly increase property demand in the area. Gravity sewer and water are readily available. The heavily wooded land, featuring mature hardwoods, provides both privacy and the potential for an estate-style property. This could be an excellent site for a subdivision of executive lots (5 acres or larger), making it attractive to developers. Alternatively, the property presents a compelling land-banking opportunity given the anticipated growth in the vicinity. This is one of the last undeveloped properties remaining in this area, making it a truly rare find. The asking price is $189,000. Buyers are responsible for verifying all details, including but not limited to square footage, acreage, zoning, schools, neighborhood amenities, and fees, prior to contract.
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.
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.