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    OFF-MARKET
    Land

    0 Morgan Dr, Lexington, SC 29072

    2.42 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2.42 ac (105,415 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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