1981 S LAKE DR

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1981 S LAKE DR

LEXINGTON, SC 29073
Asking Price
$1.55M
Asset Type
Commercial Land
Class
Class B

What's Special

<h3><strong>Property Highlights</strong></h3><ul><li>​<strong>±9 Acres of Commercial Land</strong></li><li>​ Generous site size offering flexibility for a wide range of development opportunities<ul><li>​<strong>Dual Road Frontage</strong>±441 feet on S Lake Drive</li><li>​±859 feet on New Orangeburg Road</li></ul></li><li>​<strong>High Visibility Location</strong></li><li>​ Positioned in a high-traffic corridor with excellent exposure</li><li>​<strong>Strong Traffic Counts</strong></li><li>​ ±13

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

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