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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Outlet malls
2889 Lynwood Dr Lancaster, SC 29720-7000
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-1512898
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2011
Construction
STEEL FRAME
Total area
9,100 SF
Lot
2.55 ac (111,078 SF)
Zoning code
GB
APN
0109-00-046.00
UPID
US77-1512898
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$973k
Blend (final)
Blend
$1.20M
Owner & transaction history
The Kanandague Interests LLC · 2 yrs held
The Kanandague Interests LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
GB · Lancaster, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$770,000
+16.6%
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 Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster 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
$1,200,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$770,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10% · vs last sale $1.20M (Apr 9 2024)
Last sale anchor
$1.20M
Apr 9 2024
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
$132 / 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
$23,820
Tax year 2023
Assessed value
$71,946
Assessed 2023
Previous assessed
$71,946
+0.0% YoY
Effective rate
33.11%
On assessed value
Assessed land
$15,738
Assessed improvement
$56,208
Land market value
$262,300
Improvement market value
$936,800
Total market value
$1,199,100
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2011
Construction
STEEL FRAME
Heating
OTHER
Cooling
YES
Stories
1
Bathrooms
2
Total area
9,100 SF
Lot
2.55 ac (111,078 SF)
Zoning code
GB
APN
0109-00-046.00
UPID
US77-1512898
Jurisdiction
LANCASTER
Zoning & alternative use
GB · Lancaster, SC
Zoning GB · permitted uses
GB · Lancaster, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$770,000
COMMERCIAL (GENERAL)
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
2011
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.55 ac
Current owner
From public records · entity-resolved
The Kanandague Interests LLC
Entity
Free & Clear · 2 yrs held
Mailing address
150 CENTRAL PARK S #510, NEW YORK, NY 10019-1566
Ownership since
2024
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
Apr 9, 2024
—
The Kanandague Interests LLC
A And D Associates LLC
Quit Claim Deed
related
—
Apr 9, 2024
$1,198,240
The Kanandague Interests LLC
A And D Associates LLC
Limited Warranty Deed
—
Jan 5, 2024
—
A And D Associates LLC
Margrett F Winegard
Deed
—
Nov 8, 2018
—
Galen D Fletcher SR
Fletcher,galen D JR
Quit Claim Deed
related
—
Sep 21, 2018
$1,116,372
Di Exchange Services LLC
White Lynwood Drive LLC
Warranty Deed
—
Sep 21, 2018
—
Galen D Fletcher SR.
—
Deed
related
$525,000 · Wells Fargo Bk
—
—
White Lynwood Drive LLC
—
Deed Of Trust
related
$850,000 · Bank Of The Carolinas
—
—
Galen D Fletcher SR.
—
Deed Of Trust
related
$525,000 · Wells Fargo 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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