364 Longs Pond Rd Lexington, SC 29073
Property Lookup
Property profile & analytics
364 Longs Pond Rd Lexington, SC 29073
- Strip malls
- 12,204 SF
- 1.63 lot acres
Property ID
US77-1531448
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dynamic Health and Fitness / Gym & Fitness Center
- ATM / Atm
- FYZICAL Therapy & Balance Centers - Longs Pond / Physician
- Laura Lorenzi / Physician
- Lauren Montgomery / Physician
Property Details for 364 Longs Pond Rd
- Year built
- 2011
- Lot size
- 1.63 lot acres
- Property size
- 12,204 SF
- Zone code
- ID
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 006400-04-051
- APU
- 640004051
Description
This exceptional 12,000-square-foot Class A shopping center in Lexington, South Carolina, presents a compelling investment opportunity. Boasting a 100% occupancy rate with five diverse tenants, including a gym and restaurant, this stabilized property generates a current NOI of $136,513, representing a 4.88% cap rate. The pro-forma NOI is projected at $168,000, yielding a 6.00% cap rate. Built in 2010, the single-story building sits on a 1.63-acre lot with ample parking (60 spaces). The property features a lease type of NNN, with rent bumps in place. The asking price is $2,800,000, translating to $233.33 per square foot. Located at 364 Longs Pond Rd, Lexington, SC 29073, this prime retail location benefits from its proximity to I-20's exit 51, within a rapidly expanding residential and commercial area. An end-cap drive-through is available, and awnings are scheduled for replacement in the fourth quarter. The property is offered as a 1031 exchange opportunity. This is an ideal investment for those seeking strong cash flow and significant upside potential in a high-growth market. The property's multi-tenant structure and flexible space provide long-term stability and future development possibilities. The APN is 006400-04-051.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $520,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $543,000
Market price range: $231k - $912k -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,065,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.2905
- Latitude
- 33.9207
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,602
$9,585
$66,915
$76,500
-
$159,750
$1,115,250
$1,275,000
