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$249,900
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Property Description
Prime commercial opportunity on ±0.31 acres with excellent visibility and accessibility. This corner lot offers approximately 80 feet of frontage on S. Lake Drive and ±180 feet of frontage on Innovation Place, providing multiple access and visibility advantages for a variety of commercial uses. Conveniently located near Red Bank and the Town of Lexington, with quick and easy access to I-20, this property is positioned in a growing and highly accessible area. The site offers an excellent opportunity for an owner-user, investor, or commercial development project. TMS: 005424-03-004. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Full Property Details
Full Property Details for 862 S Lake Dr
General
- Price: $249,900
- Status: Active
- Type: Commercial Land
- Source: Consolidated_MLS_2
- MLS ID: 640507
- Updated: 8/10/2026
- Added to Site: 18 day(s) ago
Location
- Area: Lexington and surrounding area
- County: Lexington
- Subdivision: NONE
Utilities
- Sewer: None
- Water: Available
Lot Features
- Lot Size (Acres): 0.31
- Frontage Feet: +/- 260
- Street/Road Desc.: Paved, County
- Topography: Level
Disclosures and Reports
- APN: 005424-03-004
Listed by Southern Visions Realty I LLC
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Schools
Schools serving 862 S Lake Dr
School District:Lexington School District 1
| Name | Grades | Distance |
|---|---|---|
Lexington Elementary School 116 Azalea Drive, Lexington, SC 29072 | K-5 | 1.6 mi |
Lakeside Middle School 455 Old Cherokee Road, Lexington, SC 29072 | 6-8 | 2.8 mi |
River Bluff High School 320 Corley Mill Road, Lexington, SC 29072 | 9-12 | 6.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 862 S Lake Dr
Date
Details
Price
Change
Source
8/10/2026
Listed
$249,900
7250%
MLS
9/18/2001
Sold
$3,400
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 862 S Lake Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$4,672
—
2024
$2,316
1%
$4,672
—
2023
$2,295
3%
$4,672
—
2022
$2,227
7%
$4,672
-93%
2019
$2,074
4%
$67,700
—
2018
$1,999
2%
$67,700
—
2017
$1,966
3%
$67,700
—
2016
$1,904
3%
$67,700
1563%
2015
$1,844
-1%
$4,070
3%
2014
$1,857
10%
$3,970
—
2013
$1,691
—
$3,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 862 S Lake Dr
862 S Lake Drive, Lexington, SC 29072 (MLS# 640507) is a Commercial Land property with a lot size of 0.31 acres. 862 S Lake Drive is currently listed for $249,900 and was received on August 10, 2026. Want to learn more about 862 S Lake Drive? Do you have questions about finding other Commercial Land real estate for sale in Lexington? You can browse all Lexington real estate or contact a Coldwell Banker agent to request more information.

