Cedar Road - Commercial Development
Three (3) Separate but Contiguous Tax Parcels Totaling 59.02+- Acres
Marketing description
- 59.02+- acres - commercial zoned "ID - Intensive Development"; suited for a wide range of commercial, mixed use and medium to higher density residential uses. **OWNER WILL SUBDIVIDE** 10-25 acre subdivision considered for user's needs.
- All utilities at or adjacent to the site(s): Town of Lexington 10" domestic water line along Cedar Road and 8" line along Holly Road; Town of Lexington sewer pump station located on the east side of Cedar Road at the southern portion of TMS #004498-03-036
- Located in desired Lexington County school district; zoned for River Bluff Highschool
- Two (2) recently completed SCDOT offsite traffic roundabouts to the south at Augusta Road @ I-20 and to the north at Mineral Springs Road
- Of note: Lexington Medical Center (Lex Health) purchased 59 acres along Augusta Road, 1/2 mile to the south of these properties,
- Limited site topography conducive for commercial development ad site work
- Wetlands are present on portions of the site
- Cedar Road is classified as a "Collector Road" under the county Land Development ordinance. Holly Road is a "Local Road"
Investment highlights
Offered for sale are three (3) separate but contiguous tax parcels totaling 59.02+- acres, located on Cedar Road in Lexington County, South Carolina, approximately 3 miles from downtown Lexington and along Interstate 20. The properties are well suited for a medical/office campus setting, retirement community and/or an age targeted senior living community.
Owner is willing to sell all of the acreage or subdivide the parcels(s) based on a user's needs. 26.56 acres, 9.27 acres and 23.19 acres (or some combination).
The subject properties are located in the County (not presently in the Town of Lexington city limits), in the Eastern Overlay Residential District. The large majority of the parcels are Zoned ID, with a small sliver of the eastern tract having RD zoning along the property boundary. All necessary utilities are located at or close to the site. Upon request, Listing Broker can provide more detail Civil Engineering review and commentary related to development feasibility, utility details, and wetland details.
There is currently a home on the property which is not being actively marketed.
Listing Broker Contact: Hunter Suggs, CCIM Cell # (803) 603-3738 [email protected]
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