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    5135 Sunset Blvd Lexington, SC 29072

    • Community centers
    • 85,600 SF
    • 22.08 lot acres
    For Lease
    View listing
    Value Estimation
    $5,370,000
    Location Intelligence
    Property ID
    US77-1232673
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lane Bryant / Plus Size Clothing Store / Clothing Store
    • Salsarita's Fresh Mexican Grill / Burrito Restaurant / Mexican Restaurant
    • Crumbl - Lexington / Bakery / Dessert Shop
    • HandPicked / Fashion Accessories Store / Monogramming Service
    • America's Best Contacts & Eyeglasses / Eye Care Center / Contact Lenses Supplier

    Property Details for 5135 Sunset Blvd

    Year built
    2007
    Lot size
    22.08 lot acres
    Property size
    85,600 SF
    Property type
    Community centers
    APN
    004496-02-123
    APU
    449602123

    Description

    Lexington Pavilion, a 114,088 square foot retail community center, presents a unique investment opportunity. Located at 5135 Sunset Blvd, Lexington, SC 29072, this property boasts a prime location on a high-traffic corridor with over 41,000 cars daily. Built in 2006, the center features 767 parking spaces and benefits from a signalized entrance on Sunset Blvd, ensuring easy accessibility. Currently, the entire 114,089 square feet is vacant, offering significant potential for redevelopment or lease. The center is strategically positioned less than 3 miles from I-20 and downtown Lexington, within the rapidly growing Columbia, SC MSA. Lexington, SC has experienced nearly a 10% population increase in the last three years. The property is shadow-anchored by Target and includes a strong tenant mix of national and regional brands such as Best Buy, PetSmart, World Market, Kay Jewelers, Fab’rik, Chicken Salad Chick, Lane Bryant, Salsarita's, and Five Guys Burgers & Fries. This location benefits from the presence of numerous national and international companies in Lexington, including Amazon, US Foods, and others. The property's size, location, and existing tenant base make it an attractive proposition for investors seeking a high-growth market. The significant vacancy presents a blank canvas for a new vision.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1958
    Latitude
    34.0053
    CBSA code
    17900
    CBSA name
    COLUMBIA, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $310,939
    $198,099
    $402,651
    $600,750
    -
    $3,301,650
    $6,710,850
    $10,012,500

    Comparable in this City

    • Value Estimation by Request

      2550 Augusta Hwy

      Lifestyle centers
      2550 Augusta Hwy, Lexington, SC 29072
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    • Value Estimation by Request
      61,505 SF

      421 Columbia Ave

      Community centers • 61,505 SF
      421 Columbia Ave, Lexington, SC 29072
      View Details
    • Value Estimation
      $3,805,000
      85,261 SF

      5454 Sunset Blvd

      MINI-MALL • 85,261 SF
      5454 Sunset Blvd, Lexington, SC 29072-7355
      View Details
    • Value Estimation by Request
      7.38 Acres

      712-744 Main St

      Neighborhood centers • 7.38 Acres
      712-744 Main St, Lexington, SC 29072
      View Details
    • Value Estimation by Request
      4,070 SF

      154 Ellis Ave

      SHOPPING CENTER, STRIP CENTER • 4,070 SF
      154 Ellis Ave, Lexington, SC 29072-2040
      View Details
    • Value Estimation by Request
      37,440 SF

      929 Lk Dr

      SHOPPING CENTER, STRIP CENTER • 37,440 SF
      929 Lk Dr, Lexington, SC 29072-2137
      View Details

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    Similar Nearby for Lease

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      114,088 SF

      Lexington Pavilion: Retail Center

      Target-shadowed shopping center in Lexington, SC
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      Lexington Retail Center Opportunity

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    • $25 SF/Yr
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      Lexington Retail Space For Lease

      Retail suites available in Lexington, undergoing extensive renovation.
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    • $18 SF/Yr
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      Lexington Shopping Center Retail Space

      Retail space available in a shopping center anchored by Food Lion.
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      Retail space with visibility in Lexington's Main Street District.
      102 W Main St, Lexington, SC 29072
      View Details
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    Lexington, SC 29072
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    Realmo Value Estimation

    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.

    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.

    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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