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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Medical Office Space
1825 Lk Dr Lexington, SC 29073-7759
Entity Owned
~
Est. High Equity
Property ID
US77-2538042
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2015
Total area
4,485 SF
Lot
0.61 ac (26,572 SF)
Zoning code
RD
APN
006500-03-146
UPID
US77-2538042
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
-
White Knoll Comprehensive Dentistry Dental Office
-
Dr. Paul Downing Dental Office
-
Paul Roper Downing Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.13M
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$885k
Owner & transaction history
Modlin & Londry LLC
Modlin & Londry LLC
since 2026
Last sale
$774,900
6 recorded transactions
Zoning & alternative use
RD · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+14.5%
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
$1,125,000
ML approach
$1,130,000
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$950,000
Current use
AUTO REPAIR, GARAGE
$1,090,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $775k (Jan 13 2026)
Last sale anchor
$775k
Jan 13 2026
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
$197 / 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
$35,390
Tax year 2023
Assessed value
$49,769
Assessed 2023
Previous assessed
$49,769
+0.0% YoY
Effective rate
71.11%
On assessed value
Assessed land
$18,896
Assessed improvement
$30,873
Land market value
$314,930
Improvement market value
$514,551
Total market value
$829,481
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2015
Heating
NONE
Total area
4,485 SF
Lot
0.61 ac (26,572 SF)
Zoning code
RD
APN
006500-03-146
UPID
US77-2538042
Jurisdiction
LEXINGTON
Zoning & alternative use
RD · Lexington, SCZoning RD · permitted uses
RD · Lexington, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$950,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Lot
0.61 ac
Current owner
From public records · entity-resolved
Modlin & Londry LLC
Entity
Mailing address
19824 W CATAWBA AVE STE B, CORNELIUS, NC 28031-4046
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2026
—
Modlin & Londry LLC
Store Master Funding Xxii LLC
Deed
related
—
Jan 13, 2026
$388,188
Store Master Funding Xxii LLC
York Re Holdings LLC
Warranty Deed
—
Jan 13, 2026
$774,900
Modlin & Londry LLC
York Re Holdings LLC
Warranty Deed
$1,043,665 · Citibank NA
Apr 22, 2022
$1,200,000
York Re Holdings LLC
White Knoll Trading Company LLC
Deed
$1,200,000 · South State Bank NA
Sep 25, 2019
—
White Knoll Trading Co LLC
—
Deed
related
$1,401,693 · First Citizens Bk
—
—
White Knoll Trading Co LLC
—
Deed Of Trust
related
$1,401,693 · First Citizens Bk
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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