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Property profile & analytics
OFF-MARKET
Land

378 Hwy Lexington, SC 29072

2.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre commercial land parcel is strategically located at the signalized intersection of Highway 378 and Wise Ferry Road in Lexington, South Carolina, zip code 29072. Boasting approximately 475 feet of frontage on Wise Ferry Road and approximately 258 feet of frontage on Highway 378, this property offers unparalleled visibility and accessibility. The site benefits from high traffic counts, with approximately 18,000 vehicles per day on Highway 378 and 12,100 vehicles per day on nearby Charter Oak Road. Its convenient location is less than two miles west of the intersection of US Highway 378 and US Highway 1, and just one mile east of the Publix-anchored Hendrix Crossing Center. Zoned ID (Intensive Development), this property presents a multitude of development opportunities. The asking price is $795,000. Please note that use restrictions prohibit the construction of a convenience store or "dollar type" discount store (including, but not limited to, Family Dollar, Fred's, Dollar General, or Dollar Tree), and petroleum facilities. This prime location and flexible zoning make this an ideal investment for a variety of commercial ventures.

Property profile
Verified
Property type Land
Lot 2.5 ac (108,900 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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