5119 Backman Ave Lexington, SC 29073
- Land
- 3.62 lot acres
Current Use by Public Records
- Land
Property Details for 5119 Backman Ave
- Lot size
- 3.62 lot acres
- Property type
- Land
Description
This exceptional 3.62-acre commercial land parcel in Lexington, South Carolina, presents a remarkable investment opportunity. Located at 5119 Backman Ave, with APN 007796-01-031, this property is zoned ID and offers significant potential for various commercial developments, including storage, industrial, or retail uses. The asking price is $999,999, translating to $276,243 per acre. Its strategic location offers high visibility and accessibility, boasting proximity to established businesses. Adjacent to a 7-Eleven, multiple used car lots, and a U-Haul dealer, this property benefits from existing commercial activity. Furthermore, its location is within 1.5 miles of a newly developed Publix and Walgreens, and 1.75 miles from a Walmart Supercenter and Lowe's anchored shopping center, featuring numerous national retailers such as Starbucks, Popshelf, Aldi, McDonald's, and Food Lion. This prime location is situated in a rapidly growing area, with a large apartment complex and a major national grocery store planned within a mile radius. This property's size, zoning, and strategic location make it an ideal investment for developers seeking high-growth potential in a thriving commercial corridor. The property's proximity to major retailers and residential developments ensures high traffic and strong potential for future appreciation. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location. The zip code is 29073.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.1991
- Latitude
- 33.9086
