1981 S Lake Dr, Lexington, SC 29073
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RD · Lexington, SCLexington. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.