869 South Lake Drive Land/Development
  • Asking Price
    $1MAsking Price
  • Acres
    ~1.23 acAcres
  • Built
    1970Built
  • Zoning
    General Com…Zoning
  • Access Frontage
    S. Lake Dri…Access Frontage
  • Submarket
    LexingtonSubmarket

Description

869 S. Lake Drive is a 1.23-acre development lot for sale at 869 South Lake Drive in Lexington, SC. Frontage along S. Lake Drive (Hwy. 6) and Innovation Place gives a buyer two street approaches to a commercial site.

Zoned General Commercial (GC) by the Town of Lexington, the Property offers a defined starting point for a buyer planning a new project. Water and sewer are available at the site, and the lot was previously improved with a 12,000 SF flex building that was demolished due to functional obsolescence. Access from both S. Lake Drive (Hwy. 6) and Innovation Place lets a buyer plan around two points of ingress and egress. The parcel is identified as APN 005424-03-003.

In the Lexington submarket, the site sits on S. Lake Drive, a corridor connecting I-20 with Downtown Lexington. I-20 is 0.3 mile away, and Downtown Lexington is 2 miles away, putting highway access and the town center into the site-selection discussion. Traffic on the corridor is 23,800 VPD. The Property is adjacent to American Leadership Academy, a charter school with over 1,750 students, while nearby retailers include Whataburger, QT, Circle K, Wendy’s, Bojangles, Taco Bell and McDonald’s.

The $1,000,000 asking price gives developers and commercial owner-users a defined basis for pursuing the site. The lot’s General Commercial (GC) zoning, existing water and sewer availability, and access from two streets are the practical facts to bring into a development plan. Its position between I-20 and Downtown Lexington also gives a buyer a location with identifiable access and neighboring activity. Review the Offering Materials for the next step in pursuing 869 S. Lake Drive.

Offering Summary

  • Asking Price
    $1,000,000
  • Property Type
    Land/Development
  • Built
    1970
  • Total Acres
    ~1.23 ac

Documents

Property Address

869 South Lake Drive
Lexington, SC 29072

Property Details

  • Property Type
    Land/Development
  • Acres
    1.23
  • Zoning
    General Commercial (GC), Town of Lexington
  • Access Frontage
    S. Lake Drive (Hwy. 6) and Innovation Place
  • Utilities
    Water, Sewer
  • APN
    005424-03-003

Deal Team

Nick Stomski profile image

Nick Stomski

Founding Partner, South Carolina
Trinity Partners