1979 Lake DrLexington, SC 29073

Property Details for 1979 Lake Dr

Year built

1971

Lot size

4.02 AC

Property size (Sq ft)

2,400 SF

Zone code

RD

Property type

Commercial land

APN

007600-02-017

APU

760002017

Description

This exceptional 4.18-acre commercial land parcel presents a prime development opportunity in Lexington, South Carolina. Located at 1979 S Lake Dr, this property boasts approximately 355 feet of road frontage on a high-traffic thoroughfare. According to South Carolina Department of Transportation data from 2020, S Lake Drive experienced a daily vehicle count of 15,400 vehicles. The property's convenient location offers excellent visibility and accessibility for potential businesses. Utilities are readily available, with water and sewer services already in place. This makes the site immediately ready for development, minimizing upfront infrastructure costs. The property is identified by APN 007600-02-017. The asking price for this strategically positioned land is $1,300,000, translating to approximately $311,005 per acre. Note that an adjacent parcel of approximately 9.04 acres is also available for purchase, presenting an opportunity for larger-scale development projects. This property is ideal for a variety of commercial uses, making it an attractive investment for developers and entrepreneurs seeking a high-impact location in a thriving South Carolina community. The zip code is 29073.

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $809,079

  Retail / Commercial

  $402,036

  Mixed-Use / Specialty

  $390,472

  Hospitality / Lodging

  $273,288

  Office

  $377,601

  Institutional / Educational

  $402,313

  Residential Income

  $470,706

  Multifamily

  $620,701

  Automotive / Energy

  $344,840

  Parking / Income-Based Land

  $129,009

  Restaurant / Food Service

  $181,467

  Healthcare / Senior Housing

  $410,811

Location Insight

City

Lexington

County

Lexington

State

South Carolina

Latitude

33.9037

Longitude

-81.2201

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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