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    FOR SALE
    Warehouses

    1981 S Lake Dr, Lexington, SC 29073

    864 SF 5.04 ac lot Built 1980
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US77-0422134
    1981 S Lake Dr, Lexington, SC 29073 For Sale
    $1,700,000 864 SF
    1981 S Lake Dr, Lexington, SC 29073
    View Listing →
    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
    by Request
    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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