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    FOR SALE
    Commercial real estate

    1555 S Lake Dr, Lexington, SC 29073

    0.75 ac lot
    Property ID
    US77-0705887
    Property summary
    AI-generated overview

    This exceptional 0.75-acre parcel located at 1555 S Lake Drive in Lexington, South Carolina, presents a compelling development opportunity within the Redbank area. Zoned for intensive development (Lexington County ID), this property offers significant potential for various projects. The lot size is 0.75 acres, with the possibility of acquiring up to an additional 15 acres, providing considerable flexibility for larger-scale endeavors. The property's strategic location boasts high visibility, with South Lake Drive experiencing an estimated 29,300 vehicles per day. This translates to excellent exposure for any future development. The asking price is $250,000, and sellers are open to considering offers. Tax Map 006500-03-079 provides further identification details. This is an exceptional chance to secure a well-situated land parcel in a thriving area, ideal for those seeking a prime development opportunity in Lexington County, SC, zip code 29073. The property's coordinates are 33.9261938 latitude and -81.2359825 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.75 ac (32,670 SF)
    UPID US77-0705887
    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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    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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