Technical
Financial
Distress signals
Property profile

312 Columbia Ave Lexington, SC 29072

OFF-MARKET
Drive through restaurants
Property ID
US77-0960431
2,492 SF 0.68 ac lot Built 1993
Entity Owned Free & Clear
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Property summary

AI-generated overview

This property is a 2,235-square-foot former quick-service restaurant building situated on an approximately 0.6-acre site with ample on-site parking. The facility is configured to accommodate drive-through use and is suitable for uses such as drive-through restaurants, restaurants, and retail. It is located in an area with an estimated traffic count of 33,500 vehicles per day, and the adjacent parcel has planned development.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Total area 2,492 SF
Lot 0.68 ac (29,621 SF)
Zoning code GC
APN 004322-01-010
UPID US77-0960431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

312 Columbia Ave Lexington, SC 29072-2657
Lexington metro Census 21029 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
by Request
Comparable Approach Comparable
$731k
Blend (final) Blend
$750k

Owner & transaction history

since 2025
Last sale
$850,000
7 recorded transactions
2025
$850,000
2022
$800,000
2022
Price N/A
2019
Price N/A
2016
Price N/A
2005
Price N/A
2005
Price N/A

Zoning & alternative use

GC · Lexington, SC
Zoning description

This district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $605,000 +1.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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