1812 Augusta Hwy Lexington, SC 29072
Property profile & analytics
1812 Augusta Hwy Lexington, SC 29072
- Strip malls
- 4,800 SF
- 4.55 lot acres
Property ID
US77-0757318
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.
Location Intelligence
Current Use by Public Records
- American National-Davis Insurance / Insurance Agency
- Fortress Martial Arts and Fitness / Training Center / Sports School
- Lexington Antiques & Home Decor / Home Decor Store / (Bike/Boat/Book/etc) Store
- Charlette’s Cuts & More / Hair Salon / Nail Salon
- U-Haul Neighborhood Dealer / Car Rental Facility
Property Details for 1812 Augusta Hwy
- Year built
- 2006
- Lot size
- 4.55 lot acres
- Property size
- 4,800 SF
- Zone code
- ID
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 004200-03-013
- APU
- 420003013
Description
This exceptional mixed-use investment opportunity presents a 34,619-square-foot multi-tenant property in Lexington, South Carolina, boasting a strong 8.00% cap rate and 100% occupancy. The property comprises three single-story buildings, totaling 21 units across a 4.55-acre lot. Built in 2006, it features a diverse tenant mix including restaurants, breweries, salons, and small businesses, all operating under gross leases, presenting significant upside potential through market rent adjustments and lease structure conversions to NNN. The average suite size is 1,730 square feet, with approximately 80% warehouse space and 20% office space, featuring 12-foot ceiling clearances and roll-up doors in the flex-industrial units. This highly visible location on Augusta Highway (US Highway 1), with over 24,000 vehicles passing daily, benefits from its proximity to Lexington High School, downtown Lexington, Interstate 20, and the Columbia Metropolitan Airport (CAE). The area is experiencing significant growth, with new housing developments and retail establishments such as Publix, Lowe's Foods, Walgreens, Starbucks, and McDonald's nearby. The asking price is $3,400,000, translating to $98.21 per square foot. This property offers a compelling combination of stable income, significant upside potential, and a prime location in a thriving market. The property's strong tenant base and lack of renewal options provide a clear path to increased profitability.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.276
- Latitude
- 33.9809
- 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
$53,085
$22,681
$85,321
$108,002
-
$378,000
$1,422,000
$1,800,000
