Property profile

109 Reed Ave Lexington, SC 29072

OFF-MARKET
Medical Office Space
Property ID
US77-0631571
4,717 SF 0.95 ac lot Built 2012
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2012
Total area 4,717 SF
Lot 0.95 ac (41,382 SF)
Zoning code GC
APN 004323-03-008
UPID US77-0631571

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
  • Dental Office
  • Dental Office
  • Dental Office

Location

109 Reed Ave Lexington, SC 29072-2016
Lexington metro Census 21028 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$780k
Comparable Approach Comparable
$590k
Blend (final) Blend
$695k

Owner & transaction history

since 2011
6 recorded transactions
2018
Price N/A
2011
Price N/A
2011
$325,000
1999
$105,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Lexington, SC
Zoning description

This district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.1M +14.5%

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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