Financial
Distress signals
Property profile

1123 S Lake Dr Lexington, SC 29073

FOR LEASE
Strip malls
Property ID
US77-0834032
45,285 SF 6.77 ac lot Built 1998
Last sale Mar 2025 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

South Lake Pointe, located at 1123 S Lake Dr, Lexington, SC 29073, presents a prime retail investment opportunity. This established shopping center, built in 1988, boasts a total of 151,843 square feet and currently has 1,200 square feet of vacant space available. The property features a diverse tenant mix, including a Roses anchor store, Dunkin', Southlake Family Chiropractic, and Glossy Nails and Spa, among other local businesses. The center benefits from its strategic location,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$81k
Tax billed · 2023
Assessed value$165k
Assessed land$62k
Assessed improvement$103k
Effective rate49.15%

Value estimate

· Sep 2026
$1.65M
$1.48M – $1.81M
Submarket $/SF estimate$1.17M
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$922
Operating expenses−$6k
NOI · 75,520.00% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$106/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$47 – $163

Cap rate analysis

How does the asset earn?
75,520.00%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ID
JurisdictionLEXINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
Law Firm11.3
Auto Parts Store10.9

Location

1123 S Lake Dr Lexington, SC 29073
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1767 Lk, Lexington, SC 29073-6734 $4,038,000 Jun 2025 1,800 SF
1787 Lk Dr, Lexington, SC 29073-6736 $4,725,000 Oct 2024 No data
4360 Augusta, Lexington, SC 29073-7491 $2,683,750 Sep 2023 42,842 SF
1766 Lk, Lexington, SC 29073-6873 $1,950,000 Feb 2020 7,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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