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4522 Augusta Rd Lexington, SC 29073

Commercial land Google Maps
2.03 ac lot
Individually Owned 5-yr Hold Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US77-1914676

Property summary

AI-generated overview

This exceptional 2.3-acre commercial parcel is situated on the highly visible Augusta Road in Lexington, South Carolina. Its prime location offers unparalleled exposure to significant daily traffic counts, making it an ideal site for a diverse range of commercial ventures. The property's size presents a rare opportunity in this desirable area, where acreage is scarce. The versatility of this land allows for numerous development possibilities, including but not limited to housing developments, medical facilities, automotive businesses, technology companies, retail establishments, restaurants, or storage facilities. Preliminary site preparation has already begun, with some trees cleared, simplifying the development process. The property's address is 4522 Augusta Road, Lexington, SC. The asking price for this exceptional commercial land is $372,000. This is a unique chance to acquire a substantial piece of land in a thriving Lexington location with high visibility and significant development potential. The property is classified as General Commercial and offers a significant opportunity for investors and developers seeking a strategic location with high traffic volume. Further information can be found at the provided video link. This property is being offered as-is.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.03 ac (88,470 SF)
Zoning code ID
APN 004499-04-008
UPID US77-1914676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2021
Last sale
$250,000
7 recorded transactions
2021
$250,000
2019
Price N/A
2017
$305,000
2004
$121,130
2004
$153,855
2004
$149,466
2003
$149,466

Zoning & alternative use

ID · Lexington, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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