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Property profile & analytics
OFF-MARKET
Commercial real estate

4939 Sunset Blvd Lexington, SC 29072

28.47 ac lot
Individually Owned 9-yr Hold
Property ID
US77-2155258
Property summary
AI-generated overview

This exceptional 28.47-acre commercial land parcel presents a remarkable investment opportunity in Lexington, South Carolina. Situated on Sunset Boulevard, a major thoroughfare connecting Lexington to Columbia, this property boasts high visibility and accessibility. The site offers approximately 20 usable acres, with potential for subdivision, making it ideal for a variety of commercial developments. Conveniently located approximately 2.3 miles from I-20 (Exit 61), this location ensures easy access to major transportation routes. The property features approximately 285 feet of road frontage and benefits from access to water and sewer utilities. The gently sloping topography towards the rear of the property provides versatile development options. This land is zoned for General Commercial use within the Town of Lexington. Furthermore, its location within the desirable Lexington 1 school district adds to its appeal. High traffic volume is confirmed by a 2021 traffic count of 43,700 vehicles per day (VPD). The asking price for this significant commercial land opportunity is $3,500,000.

Property profile
Verified
Property type Commercial real estate
Lot 28.47 ac (1,240,153 SF)
UPID US77-2155258
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John T Stephenson II · 9 yrs held
John T Stephenson II
since 2016
2 recorded transactions
2016
$56,250
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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