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Property profile & analytics
OFF-MARKET
Estimated value
$895,000
Warehouses
407 Burton Rd, Lexington, SC 29072-3801
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-1982774
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1975
Total area
28,340 SF
Lot
3.7 ac (161,172 SF)
Zoning code
ID
APN
005497-04-010
UPID
US77-1982774
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
-
DLS Tire Centers, Inc. (Bike/Boat/Book/etc) Store Auto Parts Store
-
Beavex Courier Service Postal Service
-
Logistic Leasing Lexington Trucking Company
-
Carvana Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$889k
Blend (final)
Blend
$895k
Owner & transaction history
407 Burton LLC · 4 yrs held
407 Burton LLC
since 2021
6 recorded transactions
Zoning & alternative use
ID · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$895k
Range $806k – $985k · ±10%
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
$32 / 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
$14,689
Tax year 2023
Assessed value
$28,379
Assessed 2023
Previous assessed
$28,379
+0.0% YoY
Effective rate
51.76%
On assessed value
Assessed land
$10,968
Assessed improvement
$17,411
Land market value
$182,800
Improvement market value
$290,182
Total market value
$472,982
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
FLOOR/WALL FURNACE
Bathrooms
1
Total area
28,340 SF
Lot
3.7 ac (161,172 SF)
Zoning code
ID
APN
005497-04-010
UPID
US77-1982774
Jurisdiction
LEXINGTON
Zoning & alternative use
ID · Lexington, SC
Zoning ID · permitted uses
ID · 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
1975
Heating
FLOOR/WALL FURNACE
Bathrooms
1
Lot
3.7 ac
Current owner
From public records · entity-resolved
407 Burton LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
—
407 Burton LLC
—
Deed
related
$500,000 · Ameris Bank
Jul 27, 2021
—
407 Burton LLC
Kregg B Corley
Limited Warranty Deed
—
May 7, 2021
$358,211
Kregg B Corley
Jordan C Lee
Limited Warranty Deed
—
Mar 29, 2021
—
Kregg B Corley
R Keith Dooley
Limited Warranty Deed
—
Apr 4, 2019
—
Corley,nita S Trust
Corley Nita S Trust
Quit Claim Deed
related
—
Mar 20, 2019
—
Corley,nita S Trust
Corley Nita S
Quit Claim Deed
related
—
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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