Property profile

411 Lk Dr Lexington, SC 29072

OFF-MARKET
Commercial real estate
Property ID
US77-0165551
2,109 SF 0.84 ac lot Built 1960
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 411 N Lake Dr, Lexington, SC 29072, offers 2,400 square feet of versatile space. The property features seven rooms/offices, a kitchen, a print/storage room, and one bathroom. Situated on a 0.8-acre lot, it provides abundant on-site surface parking accessible from two entrances – one on N. Lake Dr and another on Meetze Ave. The building is a single-story, traditional office structure. The GC zoning allows for a variety of uses. This location boasts excellent visibility and accessibility, with approximately 16,100 vehicles passing daily. The property benefits from a strong demographic profile, with a population of 80,740 within a 5-mile radius (2023 data). Its central Lexington location near Sunset Blvd offers easy access to amenities and major transportation routes. This is a rare opportunity to acquire a well-maintained, functional office building in a high-demand area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 2,109 SF
Lot 0.84 ac (36,590 SF)
Zoning code LC
APN 004322-06-003
UPID US77-0165551

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation

Location

411 Lk Dr Lexington, SC 29072-2803
Lexington metro Census 21029 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2025
Last sale
$440,000
2 recorded transactions
2025
$440,000
2024
$335,000

Zoning & alternative use

LC · Lexington, SC
Zoning description

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

General category COMMERCIAL

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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