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Property profile & analytics
OFF-MARKET Estimated value $785,000
Bars & Pubs

1605 Lk Dr Lexington, SC 29072-9356

4,550 SF 0.76 ac lot Built 2006
Entity Owned 3-yr Hold Free & Clear
Property ID
US77-0588650
Property summary
AI-generated overview

This exceptional commercial property, encompassing approximately 4,400 square feet, sits on a desirable 0.77-acre lot in the heart of scenic Lake Murray country. Its prime location offers unparalleled accessibility, less than half a mile from the Lake Murray Dam and under three miles from the town of Lexington. The property benefits from high visibility and convenient access to both downtown Lexington and Irmo, boasting a significant daily traffic count of 29,700 vehicles per day according to the South Carolina Department of Transportation's 2023 data. Ample parking is ensured through a pre-existing agreement with an adjacent property (agreement details available upon request). The sale includes some existing fixtures and furnishings, with others negotiable. Note that the currently operating business within the building is also available for purchase separately. Given the ongoing business operations, showings are strictly by appointment only to ensure minimal disruption. This presents a unique opportunity for an entrepreneur seeking a thriving business location in a highly attractive area near the popular recreational destination of Lake Murray. This property is ideal for a business seeking high visibility and convenient access to a large customer base.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 2006
Total area 4,550 SF
Lot 0.76 ac (33,106 SF)
APN 003418-01-008
UPID US77-0588650
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
  • Tee'd Up Golf Course
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
by Request
Comparable Approach Comparable
$610k
Blend (final) Blend
$785k
Owner & transaction history
Teed Up LLC · 3 yrs held
Teed Up LLC
since 2022
Last sale
$800,000
7 recorded transactions
2025
Price N/A
2022
$800,000
2021
$450,000
2019
$950,000
2012
$910,000
2007
$500
2004
$155,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $545,000 +12.1%
Medical building $525,000 +7.8%
Commercial (general) $505,000 +4.1%
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