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    1787 S Lake Dr Lexington, SC 29073
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    Property profile & analytics

    1787 S Lake Dr Lexington, SC 29073


    • Strip malls
    • 17,087 SF
    • 2.45 lot acres
    Retail Strip Center For Lease For Lease
    $4,725,000
    1,203 SF

    Retail Strip Center For Lease

    Unanchored strip center in Lexington, South Carolina available for lease.

    1787 S Lake Dr, Lexington, SC
    View Listing
    Property ID
    US77-0807705
    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.

    Value Estimations
    $4,725,000
    Cap Rate Potential
    5.2%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Carolina Physical Therapy and Sports Medicine / Physician
    • Tokyo Grill / Restaurant
    • Ms. Sharon Smith / Physician
    • Ms. Aliece Christopher / Physician
    • CARLOS O'NEAL / Physician

    Property Details for 1787 S Lake Dr

    Year built
    2010
    Lot size
    2.45 lot acres
    Property size
    17,087 SF
    Zone code
    RD
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    006500-03-117
    APU
    650003117

    Description

    Colonnade at White Knoll offers exceptional retail space in Lexington, South Carolina. This unanchored strip center totals 22,466 square feet and sits on a 2.45-acre lot. The property comprises three buildings with ten suites, offering multiple tenancy options. Currently, 2,300 square feet of retail space is available, divisible into units ranging from a minimum of 1,014 square feet to a maximum contiguous space of 1,286 square feet. Built in 2010, the center enjoys a prime location at 1787 South Lake Drive, Lexington, SC 29073, within Lexington County. Its high visibility from South Lake Drive, a road with a daily traffic volume of 26,000 vehicles, ensures significant exposure for businesses. This presents a unique opportunity for retailers seeking a well-located space in a thriving community within the Columbia MSA. The property's convenient location and ample parking provide an attractive environment for customers. This is an excellent opportunity to establish or expand your retail presence in a high-traffic area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,725,000
      ML approach
      $4,725,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,105,000
      6.5%
      $3,790,000
      7%
      $3,520,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $4,155,000
      RESTAURANT
      $4,110,000
      MEDICAL BUILDING
      $3,625,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2251
    Latitude
    33.9126
    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
    $127,277
    $89,646
    $169,290
    $258,936
    -
    $1,494,100
    $2,821,500
    $4,315,600
    View Listing
    More about this property
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