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    OFF-MARKET
    Land

    5302 Sunset Blvd, Lexington, SC 29072

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.1-acre commercial land parcel, located at 5302 Sunset Boulevard (Highway 378) in Lexington, South Carolina, presents a remarkable development opportunity. Boasting a prime location in Lexington's busiest retail corridor, this graded site enjoys approximately 40,400 vehicles passing daily. Zoned for commercial use, it's ideally suited for retail or restaurant establishments (excluding burger restaurants). All utilities are in place, and an on-site detention area (approximately 1.37 acres) is included. The property offers excellent visibility and accessibility from Sunset Boulevard. Its strategic location places it adjacent to The Habit Burger Grill and in close proximity to numerous established businesses, including Lowes Foods, Aldi, Lidl, Hobby Lobby, and Prisma Health. The asking price is $1,450,000. This is a rare chance to acquire a ready-to-develop site in a thriving commercial area. The property is zoned Commercial Land and includes all necessary utilities. Don't miss this opportunity to establish your business in a high-traffic, high-visibility location.

    Property profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 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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