Flex Building with
New
For Sale
Contact for pricing
1372 Roscoe Road, Lexington, SC 29073
A substantial site and adaptable building area support a range of commercial operations.
Property Size13,700 SF
Lot Size7.75 Acres
Price / SF$0.69
Days on Market2
Property Features for 1372 Roscoe Road
General Information
Standard status
Active
Size
13,700 SF
Lot size
7.75 Acres
Property subtype
Light Industrial
Building Details
Building Size
13,700 SF
Year Built
1975
Listing Agency:
Southern Visions Realty I LLC
Listed By:
Angela Cash · License #133081
(803) 606-0702
Source:
Svrealty
Added: Oct 16
Last Checked: Oct 16 at 2:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Visions Realty I LLC
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Investment Insights
Based on property information with market context.
The flex property contains a 13,700-square-foot commercial building on approximately 7.75 acres, with 11,200 square feet available. Built in 1975, the existing structure is presented for flexible commercial occupancy, including warehouse and service-oriented operations.
The property is on Roscoe Road in Lexington, with connectivity to the city and surrounding areas. The site’s land area may accommodate parking, storage, or expansion, as described in the property information.
The property is on Roscoe Road in Lexington, with connectivity to the city and surrounding areas. The site’s land area may accommodate parking, storage, or expansion, as described in the property information.
Key Highlights
- 13,700‑square‑foot commercial building on approximately 7.75 acres
- 11,200 square feet available
- Existing building constructed in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,081
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,620
$1.3M
Cap Rate 7%
$901,157
$901.2K
Cap Rate 9%
$700,900
$700.9K
Market Conditions
NOI Build-Up for 13,700 SF
Gross rent
$103.6K $7.56/SF
− Vacancy
−$6.5K −$0.48/SF
EGI
$97.0K $7.08/SF
− OpEx
−$34.0K −$2.48/SF
NOI
$63.1K $4.60/SF
Area
Lexington County, SC
Vacancy
6.30%
Lease Rate
$7.56 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,620
Cap Rate 7%
$901,157
Cap Rate 9%
$700,900
Alternative Uses
Best Use
Warehouse
$1.47M
$1.29M – $1.71M
NOI $102,888 @ 7.0% cap · market cap 1,083.03%
Second Best
Industrial
$1.21M
$1.06M – $1.41M
NOI $84,731 @ 7.0% cap · market cap 891.91%
Theoretical Best
Office A
$3.68M
$3.22M – $4.29M
NOI $257,560 @ 7.0% cap · market cap 2,711.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29073, SC
48,653
Population
20,239
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
81.8 sq mi
ZIP Area
595
Density / Sq Mi
$72,648
Median Household Income
$45,050
Median Earnings
$1,046
Median Rent
$198,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A substantial site and adaptable building area support a range of commercial operations.
Where is this flex space located?
The property is located at 1372 Roscoe Road Lexington, SC.
What are key features of this property?
This property features: 13,700‑square‑foot commercial building on approximately 7.75 acres; 11,200 square feet available; Existing building constructed in 1975
