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Property profile & analytics
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
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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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