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Property profile & analytics
FOR SALE
Day care centers
1224 Old Cherokee Rd Lexington, SC 29072
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-3053298
For Sale
1 / 57
$2,000,000
1224 Old Cherokee Rd, Lexington, SC 29072
View Listing →
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2009
Total area
9,918 SF
Lot
2.13 ac (92,783 SF)
Zoning code
RD
APN
004200-01-017
UPID
US77-3053298
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kid City Tutoring Service Training Center
-
Kid City USA - Lexington 2 Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
Wg Lake Murray LLC · 3 yrs held
Wg Lake Murray LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
RD · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,430,000
ML approach
$2,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.52M
Range $2.26M – $2.77M · ±10% · vs last sale $2.66M (Apr 17 2023)
Last sale anchor
$2.66M
Apr 17 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$254 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$30,833
Tax year 2023
Assessed value
$56,000
Assessed 2023
Previous assessed
$56,000
+0.0% YoY
Effective rate
55.06%
On assessed value
Assessed land
$11,928
Assessed improvement
$44,072
Land market value
$198,796
Improvement market value
$734,546
Total market value
$933,342
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
For Sale
Year built
2009
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
9,918 SF
Lot
2.13 ac (92,783 SF)
Zoning code
RD
APN
004200-01-017
UPID
US77-3053298
Jurisdiction
LEXINGTON
Zoning & alternative use
RD · Lexington, SC
Zoning RD · permitted uses
RD · Lexington, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.13 ac
Current owner
From public records · entity-resolved
Wg Lake Murray LLC
Entity
Mailing address
650 NORTHWOODS RD, SEELEY LAKE, MT 59868-8440
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
—
Wg Lake Murray LLC
Se 1224 Lexington Sc Kcu
Quit Claim Deed
related
—
Apr 6, 2023
$2,660,000
Wg Lake Murray LLC
Se 1224 Lexington Sc Kcu LLC
Deed
$1,862,000 · Brightstar Cu
Apr 6, 2023
—
Brightstar Credit Union
Wg Lake Murray LLC
Assignment Of Lease (leasehold Sale)
related
—
Dec 9, 2022
$1,300,000
Se 1224 Lexington Sc Kcu LLC
Eagle River LLC
Deed
$1,110,894 · Washington Federal NA
Jul 14, 2008
$250,000
Eagle River LLC
Cherokee Townhomes LLC
Grant Deed
$750,000 · Carolina First Bank
Sep 8, 2006
$260,000
Cherokee Townhomes LLC
J Norman Pellerin
Deed
—
—
—
Eagle River LLC
—
Deed Of Trust
related
$200,000 · Ameris Bank
—
—
Eagle River LLC
—
Deed Of Trust
related
$770,000 · Ameris Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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