±38.97 AcresAugusta Road, Lexington, SC

FOR SALE

General Commercial & Multifamily/Single-Family Parcels

CRAIG WAITES803 401 4224 DIRECTcraig.waites@colliers.com

OpportunityThe Lexington area is one of the fastest growing submarkets in the Columbia, South Carolina MSA, and is generalized by high residential growth, an excellent school system, access to world-class recreational areas and outstanding shopping and dining.

LocationThe property is located in the Town of Lexington along Augusta Road (US-Highway 1), right off of Interstate 20, in Lexington County. The site is located just under a mile from I-20 with easy access to surrounding submarkets such as West Columbia, Irmo and Chapin, a few minutes from downtown Lexington, 9 minutes from Lexington Medical Center, 12 minutes from downtown Columbia, and 10 minutes from Columbia Metropolitan Airport.

SchoolsThe Lexington 1 School District ranks among the top in the State of South Carolina. The property is zoned for Lexington Elementary School, Lexington Middle School and River Bluff High School, which opened in 2013.

Photo Credit: Town of Lexington

Downtown Lexington

Property Overview

Civic Address: 5101 Augusta Road, Lexington, SC 29072 (doesn’t have true address)

Tax Map ID: Lexington County: 005596-01-015

Area: Approximately 38.97 acres

Land Uses:Front 4 acres: General Commercial (ideal for retail or office)Rear 34.97 acres: High-density Residential and General Commercial (ideal for multifamily, single-family homes or senior living)

Usable Acres: 24 of the back 34.97 acres are usable4 front acres are fully usable

Access: Front: Augusta RoadRear: Carlen Avenue via Augusta Road

Frontage: 650’ on Augusta Road

Utilities:All are available on-siteElectric & gas: SCE&GWater & sewer: Town of Lexington

Incorporated : Located in the Town of Lexington

Traffic Counts: Augusta Road: 25,000 vehicles per dayI-20: 65,000 vehicles per day

Listing Price:$3,945,000 total $1,400,000 for front 4 acres$2,545,000 for back 34.97 acres

Price Per Acre: Front 4 acres: $350,000

GENERAL DEVELOPMENT PLAN

1 mile 3 miles 5 milesTOTAL POPULATION

2010 Census 2,942 36,805 70,6942017 Estimate 3,249 42,225 80,8952022 Projected 3,523 45,963 88,151

TOTAL HOUSEHOLDS2010 Census 1,174 14,459 27,6972017 Estimate 1,288 16,487 31,5042022 Projected 1,391 17,914 34,250

2017-2022 PROJECTED ANNUAL GROWTHPopulation 1.63% 1.71% 1.73%

Demographics

populationGROWING80,895 (5 mile radius)

1 mile 3 miles 5 milesAVERAGE HOUSEHOLD INCOME

2017 Estimate $97,677 $80,102 $78,7802022 Projected $110,485 $91,275 $89,863

OWNER OCCUPIED HOUSING UNITS2010 Census 830 10,842 20,9402017 Estimate 889 12,215 23,5372022 Projected 958 13,245 25,620

RENTER OCCUPIED HOUSING UNITS2010 Census 344 3,617 6,7572017 Estimate 399 4,272 7,9672022 Projected 433 4,669 8,630

COLUMBIALEXINGTON

5 miles3 miles

378

11 mile

NEARBY RETAILERS

NEARBY MULTIFAMILY & SINGLE-FAMILY DEVELOPMENTS

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CRAIG WAITES803 401 4224craig.waites@colliers.com