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Old Cherokee Rd 8 Acres of Residential Land Offered at $800,000 in Lexington, SC 29072
Investment Highlights
- This site is an excellent senior housing opportunity.
- 140 units at this site are possible under Town of Lexington zoning code (land to be annexed).
- The property consists of 6.8 to 8 build-able acres plus approximately 6 acres of additional land available for multifamily density.
- There is 520 feet of road frontage on Old Cherokee Rd.
Property Facts
| Price | $800,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 8.00 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | Cross Streets | SC Highway 6 |
| Property Subtype | Residential | ||
| Zoning | ID | ||
| Price | $800,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 8.00 AC |
| No. Stories | 2 |
| Cross Streets | SC Highway 6 |
| Zoning | ID |
1 Lot Available
Lot
| Price | $800,000 | Lot Size | 8.00 AC |
| Price Per AC | $100,000.00 |
| Price | $800,000 |
| Price Per AC | $100,000.00 |
| Lot Size | 8.00 AC |
Description
This site is an excellent senior housing opportunity. The property consists of 6.8 to 8 build-able acres plus approximately 6 acres of additional land available for multifamily density. Additionally, lands within the Fourteen Mile Creek flood-way will also be conveyed for the site. 140 units at this site are possible under Town of Lexington zoning code (land to be annexed). The site is located on Old Cherokee Road near North Lake Drive. There is 520 feet of road frontage on Old Cherokee Rd. The creek area is scenic with a large canopy of hardwood forest and a pleasant clear-running brook.
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Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 004360-01-013 | Improvements Assessment | $7,400 |
| Land Assessment | $1,400 | Total Assessment | $8,800 |
Property Taxes
Parcel Number
004360-01-013
Land Assessment
$1,400
Improvements Assessment
$7,400
Total Assessment
$8,800
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Contact the Sale Advisor
Old Cherokee Rd