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Property profile & analytics
OFF-MARKET
Estimated value
$2,210,000
Retail space
2028 Augusta Hwy Lexington, SC 29072-2255
Entity Owned
~
Est. High Equity
Property ID
US77-0720744
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
9,800 SF
Lot
9.35 ac (407,286 SF)
Zoning code
ID
APN
004200-03-048
UPID
US77-0720744
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
-
Cruise America RV Rental Campground & RV Park
-
McCoy Ace Hardware of Lexington Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.14M
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.21M
Owner & transaction history
Lexington Ace Re LLC
Lexington Ace Re LLC
since 2026
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
ID · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.4M
+114.6%
Restaurant
$2.4M
+112.2%
Medical building
$2.1M
+87.4%
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
$2,405,000
ML approach
$2,140,000
CAP Approach
CAP Return
Estimation
6%
$1,645,000
6.5%
$1,520,000
7%
$1,410,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,380,000
Change: +115% · Conversion: Difficult
RESTAURANT
$2,355,000
Change: +112% · Conversion: Easy
MEDICAL BUILDING
$2,080,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,625,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$1,390,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$2.21M
Range $1.99M – $2.43M · ±10% · vs last sale $2.50M (Feb 27 2023)
Last sale anchor
$2.50M
Feb 27 2023
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
$226 / 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
$25,781
Tax year 2023
Assessed value
$52,451
Assessed 2023
Previous assessed
$52,451
+0.0% YoY
Effective rate
49.15%
On assessed value
Assessed land
$28,914
Assessed improvement
$23,537
Land market value
$481,900
Improvement market value
$392,272
Total market value
$874,172
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
1997
Heating
FORCED AIR
Bathrooms
2
Total area
9,800 SF
Lot
9.35 ac (407,286 SF)
Zoning code
ID
APN
004200-03-048
UPID
US77-0720744
Jurisdiction
LEXINGTON
Zoning & alternative use
ID · Lexington, SCZoning ID · permitted uses
ID · 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
AUTO REPAIR, GARAGE
Est. value
$2.4M
RESTAURANT
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1997
Heating
FORCED AIR
Bathrooms
2
Lot
9.35 ac
Current owner
From public records · entity-resolved
Lexington Ace Re LLC
Entity
Mailing address
462 SHERWOOD DR, LEXINGTON, SC 29073-8731
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
$2,710,000
Lexington Ace Re LLC
G&l Mccoy Holdings LLC
Deed
$2,303,500 · Southstate Bank NA
Feb 27, 2023
$2,500,000
G&l Mccoy Holdings LLC
Wood Hardware Of Lexingtron LLC
Deed
$1,700,000 · First Citizens Bank & Trust Co
Apr 19, 2022
—
Wood Hardware Of Lexington LLC
—
Deed
related
$421,973 · Synovus Bank
Nov 24, 2021
—
Wood Haruware Of Lexington LLC
—
Deed
related
$429,308 · Synovus Bank
May 27, 2014
$565,000
Wood Hardware Of Lexington LLC
Arthur St Bk
Grant Deed
$452,000 · Nbsc
Jan 8, 2014
$607,500
Arthur St. Bk
Special Referee Of Lexington Cnty
Trustees Deed
related
—
Sep 22, 2005
—
Lexington Hardware
Lexington Hardware & Bldg Supp
Quit Claim Deed
—
—
—
Hardware Lexington
—
Deed Of Trust
related
$830,000 · Arthur State 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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