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Property profile & analytics
OFF-MARKET
Retail space
1856 Lk Dr Lexington, SC 29073-7225
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US77-0747513
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2002
Total area
7,304 SF
Lot
0.72 ac (31,363 SF)
Zoning code
RD
APN
007600-04-074
UPID
US77-0747513
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
-
Buck's Pizza Restaurant
-
Palm Beach Tan Tanning Salon
-
China House Restaurant
-
South Lake Drug Pharmacy
-
White Knoll Spirits & Wines (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Take 5 Carolinas Property Company L · 4 yrs held
Take 5 Carolinas Property Company L
since 2022
Last sale
$430,000
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Assessed value
$35,905
Assessed 2023
Previous assessed
$35,905
+0.0% YoY
Assessed land
$25,024
Assessed improvement
$10,881
Land market value
$417,069
Improvement market value
$181,349
Total market value
$598,418
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Bathrooms
2
Total area
7,304 SF
Lot
0.72 ac (31,363 SF)
Zoning code
RD
APN
007600-04-074
UPID
US77-0747513
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
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Take 5 Carolinas Property Company L
Entity
Mailing address
955 OLD CHEROKEE RD, LEXINGTON, SC 29072-9042
Ownership since
2022
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
May 25, 2022
$430,000
Take 5 Carolinas Property Company L
Rose Truesdale Wilkins
Limited Warranty Deed
$1,077,817 · First National Bank Of Pennsylvania
May 25, 2022
—
Take 5 Carolinas Property Company L
Rose Truesdale Wilkins
Quit Claim Deed
related
—
Dec 15, 2014
—
Baker & Baker R & E Developers L
Lourie,am
Grant Deed
—
Nov 17, 2014
—
Wilkins Family Trust
Wilkins Robert P SR
Quit Claim Deed
related
—
Dec 29, 2010
—
Robert P Wilkins
Rpw Publishing Corp
Grant Deed
related
—
—
—
Robert P Wilkins JR.
—
Deed Of Trust
related
$350,000 · Carolina First 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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