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    Land

    0 Three Chop Run, Lexington, SC 29072

    22.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22.8-acre property in Lexington County, South Carolina, presents a unique investment opportunity. Located near Augusta Highway, I-20, and downtown Lexington, this land offers unparalleled convenience and accessibility. Zoned for residential use, it's ideal for creating a private homestead or developing a small subdivision. The property's proximity to the highly-rated River Bluff school district adds significant value. Owners are open to subdividing into executive lots of 5 acres or more, providing flexibility for various development plans. The land boasts privacy while remaining close to Lexington's amenities. Furthermore, the planned expansion of Lexington Medical Center within a mile radius promises increased property value and demand in the coming years. The asking price is $1,026,000, translating to $45,000 per acre. The property is currently under Stormer ownership. The address is Three Chop Run, Lexington, SC 29072. Potential buyers are advised to independently verify all details, including but not limited to square footage, acreage, zoning, schools, neighborhood amenities, and any associated fees, before entering into a contract. This is a remarkable opportunity to acquire a substantial parcel of land in a rapidly developing area of South Carolina.

    Property profile
    Verified
    Property type Land
    Lot 22.8 ac (993,168 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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