1551 S Lake Dr - Office/Residential FOR SALE


Lexington, SC 29073
$450,000 USD
803-606-0702
1551 S Lake Dr, Lexington, SC for Sale
$450,000 USD
Office/Residential - FOR SALE
1/4
null | Request Cap Rate

1551 S Lake Dr
Lexington, SC 29073


HIGHLIGHTS

  • 3.04 acres with 373 feet of road frontage
  • Explosive growing corridor
  • Additional parcels available

OVERVIEW

Offering a rare development opportunity in one of Lexington’s fastest growing corridors, this 3.04-acre parcel features substantial road frontage on highly traveled South Lake Drive. Zoned ID (Intensive Development), the site is ideal for commercial or mixed-use ventures. A 2-story residence (approx. 2,056 sq ft*) sits on the parcel, currently configured as a 3-bed, 2-bath home, providing flexibility during transition to redevelopment. Additional adjoining parcels are available, allowing for assemblage and scale.The region is seeing major momentum: a 402-home residential project is slated directly across the street, and major retail anchors including Walmart and a new Target development are nearby. With high visibility, infrastructure already in place, and strong growth indicators, this property is uniquely positioned for investors, developers, or end users seeking long-term upside.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1551 S Lake

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Auto Dealership, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.04 AC

LAND SF

132,422 SF

ZONING

RD

APN/PARCEL ID

006500-03-021

ASK ABOUT THIS PROPERTY

Angela CashSouthern Visions Real EstateMore Info
803-606-0702

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Angela CashSouthern Visions Real EstateMore Info
803-606-0702

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.