Property profile

220 Main St Lexington, SC 29072

OFF-MARKET
Commercial real estate
Property ID
US77-0720864
3,605 SF 0.59 ac lot Built 1931
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office building, located at 220 E Main St in Lexington, South Carolina, presents a compelling investment opportunity. Priced at $975,000, this Class B property offers 3,800 square feet of well-appointed office space, ideal for a variety of businesses. Situated on a 0.57-acre lot, the property boasts ample parking with 12 surface spaces, ensuring convenient access for employees and clients. The property is zoned for commercial use, providing flexibility for future development or expansion. Its prime location in Lexington County, South Carolina, offers easy access to major transportation routes and a thriving business community. The building's 3,800 square feet provide a substantial footprint for a growing company or a business seeking to establish a strong presence in the area. The 29072 zip code offers a desirable address within a well-established commercial district. This is a rare opportunity to acquire a well-maintained, strategically located office building in a highly sought-after area of Lexington, South Carolina. The combination of size, location, and parking makes this property an attractive investment for discerning buyers. Don't miss this chance to own a piece of Lexington's thriving commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1931
Total area 3,605 SF
Lot 0.59 ac (25,700 SF)
APN 004320-02-003
UPID US77-0720864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Law Firm
  • Restaurant

Location

220 Main St Lexington, SC 29072-3546
Lexington metro Census 21031 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2024
Last sale
$100,000
7 recorded transactions
2024
$100,000
2023
$902,500
2018
$331,550
2006
Price N/A
2004
$650,000
2004
$427,500
2000
$427,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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