1-17.24 AC Development Opportunity in Lexington, SC

2408 Mineral Springs Rd Lexington, SC 29072

2408 Mineral Springs Rd, Lexington, SC, 29072
2408 Mineral Springs Rd, Lexington, SC, 29072 2408 Mineral Springs Rd, Lexington, SC, 29072
FOR SALE
Property Type:
Residential Land Development
Amount:
$500,000 to $8,499,500
Last Verified:
Sep 28, 2021

​1-17.24 Acres located in the heart of Lexington on Sunset Blvd and Mineral Springs Rd. Heavily traveled retail corridor with more than 41,700 vehicles passing per day on Sunset Blvd and 10,500 VPD on Mineral Springs Rd. Very affluent area, with median household incomes over $70,000 within a 5 mile radius. Zoned ID (Intensive Development) in Lexington County which allows for an extensive variety of commercial uses. Zoning allows for 11-15 multi-family units per acre. *Contact agent for price breakdown by parcel*

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Map of 2408 Mineral Springs Rd, Lexington, SC, 29072

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.