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    Property profile & analytics

    Burton Rd Lexington, SC 29072

    • Land
    • 5.98 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Burton Rd

    Lot size
    5.98 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    Two exceptional undeveloped industrial land parcels are available for sale in the Town of Lexington, South Carolina. Situated on Burton Road, these lots offer unparalleled visibility and accessibility. The combined acreage ranges from approximately 5.98 to 9.2 acres, providing ample space for various industrial development projects. The property boasts a highly desirable location, directly accessible from Exit 55 (Highway 6) at the signalized intersection of South Lake Drive and Glassmaster Road. This strategic positioning ensures exceptional exposure to a substantial daily traffic volume of approximately 56,200 vehicles traveling along Interstate 20. The permitted zoning is IND

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2188
    Latitude
    33.9628

    Comparable in this City

    • Value Estimation by Request
      4.08 Acres

      129 Industrial Dr

      Land • 4.08 Acres
      129 Industrial Dr, Lexington, SC 29072
      View Details
    • Value Estimation by Request
      3.78 Acres

      834 Lake Dr

      Land • 3.78 Acres
      834 Lake Dr, Lexington, SC 29072
      View Details
    • Value Estimation
      $855,000
      6,052 SF

      4580 Sunset Blvd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 6,052 SF
      4580 Sunset Blvd, Lexington, SC 29072-9250
      View Details
    • Value Estimation by Request
      1,660 SF

      414 Old Cherokee Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,660 SF
      414 Old Cherokee Rd, Lexington, SC 29072-9031
      View Details
    • Value Estimation by Request
      2.50 Acres

      378 Hwy

      Land • 2.50 Acres
      378 Hwy, Lexington, SC 29072
      View Details
    • Value Estimation by Request
      2.49 Acres

      487 Us-378

      Restaurants • 2.49 Acres
      487 Us-378, Lexington, SC 29072
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.98 Acres

      Lexington Industrial Land - I-20 Visibility

      Prime Industrial Land: I-20 access, high visibility.
      0 Burton Rd, Lexington, SC 29072
      View Details
    • $490,000

      Lexington Commercial Land - $490,000

      1.87± acre commercial lot, high traffic area.
      2458 Mineral Springs Rd, Lexington, SC 29072
      View Details
    • $230,000
      5.20 Acres

      Lexington County Commercial Land

      5.2 Acres, Hwy 378, GC Zoning
      0 Highway 378, Lexington, SC 29072
      View Details
    • $300,000
      1.53 Acres

      Lexington Commercial Land - $300K

      1.53 Acres, High Visibility, Retail Ready
      130 Harris St, Lexington, SC 29072
      View Details
    • $3,500,000
      28.47 Acres

      Lexington Commercial Land - Sunset Blvd

      Prime 28-acre commercial lot, high traffic area.
      4939 Sunset Blvd, Lexington, SC 29072
      View Details
    • $2,375,000
      22.47 Acres

      Highway 378 Commercial Land Tract

      Prime Lexington County commercial land, 22 acres.
      621 Us-378, Lexington, SC 29072
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      108,900 SF

      Hwy 378 & Wise Ferry Retail Outparcel

      High-growth corridor, build-to-suit options.
      487 Us-378, Lexington, SC 29072
      View Details
    • Contact for pricing
      10,000 SF

      Lexington Retail Center - Prime Location

      High-traffic retail space, multiple units available.
      151 Riverchase Way, Lexington, SC 29072
      View Details
    • Contact for pricing
      30,250 SF

      New Spec Warehouse in Lexington

      New 30,250 SF warehouse with office space for lease.
      381 Burton Rd, Lexington, SC 29072
      View Details
    • $12 SF/Yr
      5,000 SF

      Warehouse with Office and Doors

      Warehouse with office space and multiple drive-in doors for rent.
      359 Porsche Dr, Lexington, SC 29072
      View Details
    • $12 SF/Yr
      2,400 SF

      Industrial Space Near I-20

      2,400 SF industrial space with office and warehouse components.
      2044 Industrial Blvd, Lexington, SC 29072
      View Details
    • $12 SF/Yr
      33,240 SF

      Flex Suites Near Downtown Lexington

      Flex suites available near downtown Lexington with recent improvements.
      106 Fabrister Ln, Lexington, SC 29072
      View Details
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    Burton Rd
    Lexington, SC 29072
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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.

    More about this property
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