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Improved Mixed-Use Land for Sale in Lexington, South Carolina

1551 S Lake Dr, Lexington, SC 29073

$450,000
3 acres
Active
Est $2,404/mo

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. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

2,056
Sq feet
1960
Built

Location

Street address
1551 S Lake Dr
Community
Lexington and Surrounding Area
Elevation
282 feet
Coordinates
33.9267, -81.2353

Directions

From I-20, take Exit 55 (SC-6 / South Lake Drive) toward Lexington. Travel approximately 3.7 miles south on South Lake Drive (SC-6). The property, 1551 S Lake Drive, will be on the left, just past the intersection with Glassmaster Road and near the site of the new residential development.

Property details

Acreage
3.04 acres
Zoning
ID
MLS #
CMLS 619838
Posted

Parcels

  • 006500-03-021

Details and features

Listing

Type
Commercial Sale

Exterior

Parking Spaces
10

Structure

Stories
2
Heating
Central
Cooling
Central Air
Materials
Frame

Listing history

DateEventPriceChangeSource
Oct 17, 2025New listing$450,000CMLS
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This 3.04-acre property is located at 1551 S Lake Dr in Lexington, SC 29073. The property is available for sale for $450,000. It has a 2,056 sq ft structure built in 1960.

Checked 1 hour ago — Updated

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