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    Property profile & analytics

    120 Ellis Ave Lexington, SC 29072-2040

    • Strip malls
    • 5,246 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Last Sale
    Apr 28, 2023
    $420,000
    Location Intelligence
    Property ID
    US77-3095413
    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

    • Kari Bose Stylist / Hair Salon
    • mortgage options / Mortgage Lender
    • Caughman Realty / Real Estate Agency / Real Estate Agent
    • Deborah Wells, Weichert Realtors Caughman Company / Real Estate Agent
    • Debbie Turner, Weichert Realtors Caughman Company / Real Estate Agent

    Property Details for 120 Ellis Ave

    Year built
    1980
    Lot size
    0.42 lot acres
    Property size
    5,246 SF
    Zone code
    GC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    004323-05-009
    APU
    432305009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $470,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $535,000
      Mixed-Use
      $425,000
      Hospitality
      $540,000
      Educational
      $450,000
      Residential Income
      $450,000
      Energy
      $410,000
      Income-Based Land
      $460,000
      Food Service
      $550,000

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2489
    Latitude
    33.9858
    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
    $12,919
    $7,375
    $17,589
    $24,964
    -
    $122,913
    $293,134
    $416,047

    Comparable in this City

    • 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
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    • Value Estimation by Request
      32,910 SF

      924 Main St

      SHOPPING CENTER, STRIP CENTER • 32,910 SF
      924 Main St, Lexington, SC 29072-4237
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    • Value Estimation by Request
      68,058 SF

      711 Main St

      SHOPPING CENTER, STRIP CENTER • 68,058 SF
      711 Main St, Lexington, SC 29072-3670
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    • Value Estimation by Request
      5,000 SF

      2001 Augusta Hwy

      SHOPPING CENTER, STRIP CENTER • 5,000 SF
      2001 Augusta Hwy, Lexington, SC 29072-1927
      View Details
    • Value Estimation by Request
      9,520 SF

      5594 Sunset Blvd

      SHOPPING CENTER, STRIP CENTER • 9,520 SF
      5594 Sunset Blvd, Lexington, SC 29072-6500
      View Details

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    120 Ellis Ave
    Lexington, SC 29072-2040
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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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