Realmo Analytics

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Property profile

116 Cromer Rd Lexington, SC 29073

FOR LEASE
Showrooms
Property ID
US77-0943913
7,120 SF 0.53 ac lot Built 2009
Last sale Jan 2020 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A multi-unit flex facility of approximately 7,120 SF built in 2007, configured with a split between office and warehouse space. The property includes approximately 2,850 SF of office area and approximately 4,270 SF of warehouse area, served by four 12x12 drive-in doors and supported by on-site office space. The building is situated on 0.53 acres on Cromer Road in Lexington, South Carolina, and is arranged as two units with dedicated drive-in access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$30k
Assessed land$6k
Assessed improvement$25k
Effective rate32.12%

Value estimate

· Nov 2026
$595k
$536k – $655k
AI approach$590k
Submarket $/SF estimate$719k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$3k
Operating expenses−$18k
NOI · 273,191.67% cap applied$33k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$120/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$65 – $195
Qualifying comparables20

Cap rate analysis

How does the asset earn?
273,191.67%
$33k 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 agency14.2
Law Firm13.3
Auto Parts Store12.8

Location

116 Cromer Rd Lexington, SC 29073
County assessor Recorded deeds · 6 transfers 20 qualifying comp sales 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
311 Dooley, Lexington, SC 29073-7615 $1,065,000 Mar 2025 7,670 SF
1012 Brown, Lexington, SC 29073-8334 $100,000 Oct 2023 5,322 SF
4374 Augusta, Lexington, SC 29073 $700,000 Jun 2023 5,719 SF
584 Oak, Lexington, SC 29073-9536 $371,600 Jul 2022 5,000 SF
1856 Lk, Lexington, SC 29073-7225 $430,000 May 2022 7,304 SF
1614 2nd Notch, Lexington, SC 29073-8369 $755,000 Mar 2022 9,100 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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