Financial
Distress signals
Property profile

1979 S Lake Dr Lexington, SC 29073

FOR SALE
Commercial land
Property ID
US77-0903335
2,400 SF 4.02 ac lot Built 1971
Last sale Jan 2019
Trust Owned Owner of record is a trust. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1979 S Lake Dr, Lexington, SC 29073 For Sale
Contact for pricing 2,400 SF
1979 S Lake Dr, Lexington, SC 29073
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Property summary

AI-generated overview

This exceptional 4.18-acre commercial land parcel presents a prime development opportunity in Lexington, South Carolina. Located at 1979 S Lake Dr, this property boasts approximately 355 feet of road frontage on a high-traffic thoroughfare. According to South Carolina Department of Transportation data from 2020, S Lake Drive experienced a daily vehicle count of 15,400 vehicles. The property's convenient location offers excellent visibility and accessibility for potential businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$10k
Assessed land$10k
Effective rate49.18%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$235k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$65 – $195
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RD
JurisdictionLEXINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency16.6
Building Supply15.3
Wholesale Shop12.5

Location

1979 S Lake Dr Lexington, SC 29073
County assessor Recorded deeds · 2 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1825 Lk, Lexington, SC 29073-7759 $774,900 Jan 2026 1,432 SF
Longs Pond, Lexington, SC 29073 $125,000 Oct 2024 No data
Knl Sta, Lexington, SC 29073 $4,318,000 Oct 2024 No data
2 Notch, Lexington, SC 29073 $1,350,000 Aug 2024 No data
Laurel, Lexington, SC 29073 $675,000 Feb 2024 No data
Stephanie, Lexington, SC 29073 $54,500 Mar 2023 2,901 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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