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Property profile & analytics
OFF-MARKET
Investment properties
309 Lk Dr Lexington, SC 29072-2801
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US77-1411201
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2004
Total area
1,590 SF
Lot
0.41 ac (17,860 SF)
Zoning code
GC
APN
004322-07-006
UPID
US77-1411201
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
-
Hardy Law Firm, LLC Law Firm
-
Mr. Handy Construction Company General Contractor
-
Todd Realty Partners Real Estate Agency
-
Valerie Triplett, Todd Realty Partners Real Estate Agency
-
Kerri Carnes Real Estate Agency
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
309 North Lake LLC · 6 yrs held
309 North Lake LLC
since 2019
Last sale
$625,000
7 recorded transactions
Zoning & alternative use
GC · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$10,372
Tax year 2023
Assessed value
$20,040
Assessed 2023
Previous assessed
$20,040
+0.0% YoY
Effective rate
51.76%
On assessed value
Assessed land
$6,432
Assessed improvement
$13,608
Land market value
$107,200
Improvement market value
$226,800
Total market value
$334,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2004
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
1,590 SF
Lot
0.41 ac (17,860 SF)
Zoning code
GC
APN
004322-07-006
UPID
US77-1411201
Jurisdiction
LEXINGTON
Zoning & alternative use
GC · Lexington, SC
Zoning GC · permitted uses
GC · Lexington, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
309 North Lake LLC
Entity
Mailing address
701 GERVAIS ST #150277, COLUMBIA, SC 29201-3066
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
309 North Lake LLC
—
Deed
related
$110,000 · Ameris Bank
Aug 2, 2019
$334,000
309 North Lake LLC
Patricia B Stewart
Deed
$288,150 · Ameris Bank
May 4, 2015
$375,000
Curtis C Stewart
Dale Johns
Warranty Deed
$300,000 · First Palmetto Bank
—
—
Roger D Johns
—
Deed Of Trust
related
$348,500 · Branch Banking & Trust Co
—
—
Dale Johns
—
Deed Of Trust
related
$75,000 · First Community Bank
—
—
R Dale Johns
—
Deed Of Trust
related
$210,000 · First Palmetto Savings Bank
—
—
Dale Johns
—
Deed Of Trust
related
$110,000 · Branch Banking & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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