519 Lk Dr Lexington, SC 29072-2805
This exceptional commercial property in Lexington, SC, presents a lucrative investment opportunity. Priced at $2,400,000, this 0.96-acre lot boasts a prime location at the intersection of N Lake Drive and Columbia Ave, a heavily trafficked retail corridor with over 41,000 vehicles per day on N Lake Drive and 28,000 VPD on Columbia Ave. The property includes three parcels (Lexington County TMS: 004322-05-004, 004322-05-008, and 004322-05-005) and features two existing freestanding retail buildings totaling 4,692 square feet (3,000 SF and 1,692 SF). The property is zoned General Commercial by the Town of Lexington. Situated in a highly affluent area with average household incomes exceeding $100,000, this location offers significant potential for strong returns. This is a rare opportunity to acquire a well-positioned retail property in a thriving South Carolina market.
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Kleen Kare Cleaners (Bike/Boat/Book/etc) Store
This district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare
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
GC · Lexington, SCThis district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare
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.