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    Fully Leased Commercial Investment Property Title is generated by Realmo AI

    4265 Augusta Road, Lexington, SC 29073

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    For Sale
    $1,150,000

    Office - Lexington, SC

    Type:Office
    Property size:
    8,640 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $133/SF
    Added:
    Sep 29, 2025
    Days on Market:
    231
    Last Refresh:
    May 17 at 1:06 am

    Property Features for 4265 Augusta Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    ID
    Parking
    50
    Standard status
    Active
    APN
    005626-09-010
    Size
    8,640 SF
    Lot size
    0.91 Acres

    Utilities

    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1998
    Floors in Building
    1
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    W Rhett Kelly

    Listing agent W Rhett Kelly

    Listing office Southern Visions Realty I LLC PO Box 729, Lexington, SC

    Listing date Sep 29, 2025

    MLS# 618487 Listing URL

    Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully leased commercial property providing reliable cash flow.
    • High‑visibility location on Augusta Road with 31,000 VPD traffic count.
    • Multiple income streams from unit rentals, billboard, and front signage.
    • Recent upgrades include new roofs (front in 2023, back in 2025) and relatively new PTAC HVAC units.
    • 50 parking spaces available.
    • Owner financing is available.

    Overview

    This fully leased commercial investment property is located on Augusta Road in Lexington, South Carolina, offering high visibility with traffic counts of 31,000 vehicles per day (SCDOT 2024). The building measures approximately 8,640 square feet and contains 18 single units of 432 square feet each, and 2 double units of 864 square feet each, all of which are currently occupied. The property includes 50 parking spaces. Recent upgrades include a new roof on the front of the building in 2023 and a new roof on the back scheduled for 2025. The PTAC HVAC units have been replaced within the last 3–5 years. Additional income is generated through an on-site billboard, producing $2,500 per year, and front signage, producing $1,200 per year. Situated on a 0.91-acre lot, this property presents a reliable cash-flow opportunity in a high-visibility location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lagaer Signatures Boutik Clothing Store Gemini Medical Products Medical Supply Store ELEVATION Unisex Salon Hair Salon Affordabail Bail Bonds Law Firm Bad Boyz Bail ... Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.149881
    Latitude
    33.972246

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    FAQs

    What type of property is this?
    Office building - High-visibility Lexington office building with strong tenant occupancy and income streams.
    Where is this office building located?
    The property is located at 4265 Augusta Road Lexington, SC.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Fully leased commercial property providing reliable cash flow.; **High‑visibility location on Augusta Road with 31,000 VPD traffic count.**; Multiple income streams from unit rentals, billboard, and front signage.
    (803) 359-9571
    We can help!
    Listing Contact
    W Rhett Kelly
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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