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    OFF-MARKET
    Land

    0 Augusta Hwy, Lexington, SC 29072

    18 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 18-acre commercial land parcel presents a remarkable investment opportunity in Lexington, South Carolina. Located on Augusta Highway, this property boasts 777 feet of frontage, ensuring high visibility and accessibility. The site is strategically positioned near a vibrant array of established businesses, including Sonic, Lowe's Foods, Walgreens, Starbucks, Arby's, McDonald's, 7-Eleven, Frank's Car Wash, and CVS, guaranteeing a strong customer base and high traffic counts averaging 14,400 vehicles per day. The property is zoned ID and offers significant development potential. Utilities are readily available, with a 10-inch force main sewer line provided by the Town of Lexington located at the site's frontage and water access across the street from the property, courtesy of JMWS. The asking price is $1,800,000, translating to $100,000 per acre, representing an attractive return on investment given the location, size, and existing infrastructure. This prime commercial land is ideal for a variety of uses and presents a unique chance to capitalize on a thriving market in a highly desirable area. Don't miss this opportunity to acquire a significant piece of Lexington's commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 18 ac (784,080 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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