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Property profile & analytics
FOR SALE
Warehouses

1981 Lake Dr Lexington, SC 29073

864 SF 5.04 ac lot Built 1980
Individually Owned Absentee Owner Free & Clear
Property ID
US77-0422134
1981 Lake Dr, Lexington, SC 29073 For Sale
Contact for pricing 864 SF
1981 Lake Dr, Lexington, SC 29073
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Property summary
AI-generated overview

This exceptional 9.04-acre commercial land parcel presents a remarkable investment opportunity in Lexington, South Carolina. Ideally situated at 1981 S Lake Dr, the property boasts significant road frontage, offering approximately 441 feet along S Lake Drive and approximately 859 feet along New Orangeburg Road. This strategic location provides excellent visibility and accessibility for a wide range of commercial ventures. The property is zoned ID and includes tax map numbers 007600-02-185 and 007600-02-175. With a high daily traffic volume of approximately 13,700 vehicles per day on S Lake Drive (based on 2019 SCDOT data), this location offers unparalleled exposure to potential customers. The asking price is $1,700,000, translating to $188,053 per acre. This prime commercial land is ready for development, presenting a unique chance to capitalize on its exceptional location and high traffic count in the thriving Lexington market. The property's size and strategic positioning make it suitable for a variety of commercial uses, offering significant potential for future growth and return on investment. Serious inquiries are encouraged.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1980
Total area 864 SF
Lot 5.04 ac (219,542 SF)
Zoning code RD
APN 007600-02-185
UPID US77-0422134
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k
Owner & transaction history
WANDA JO BRITT
WANDA JO BRITT
Zoning & alternative use
RD · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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