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Old Cherokee Rd
Lexington, SC 29072
Land For Sale · 8.00 AC

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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

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Senior
Total Lot Size 8.00 AC
No. Stories 2
Cross Streets SC Highway 6
Zoning ID

1 LOT AVAILABLE

Lot

Price $1,102,240 CAD
Price Per AC $137,780.00 CAD
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.

  • Listing ID: 3879123

  • Date on Market: 2007-09-28

  • Last Updated:

  • Address: Old Cherokee Rd, Lexington, SC 29072

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