Technical
Financial
Distress signals
Property profile

416 Cedarcrest Dr Lexington, SC 29073

OFF-MARKET
Warehouses
Property ID
US77-2546339
4,800 SF 4.4 ac lot Built 2018
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,800 square foot flex space at 416 Cedarcrest Drive in Lexington, SC presents a unique opportunity for businesses seeking a versatile and strategically located property. The building boasts a highly functional design, featuring top-quality finishes throughout the 1,800 square foot office area. The office space includes five individual offices, a spacious reception/waiting area, a dedicated conference room, a convenient small kitchenette, and two ADA-compliant bathrooms. This ensures a comfortable and productive work environment for employees and clients alike. The property also includes a substantial 3,000 square foot warehouse space, complete with a drive-in bay featuring a 14-foot high door, providing ample room for storage or light manufacturing. Adding to its practicality, the property includes a fenced lay-down yard, offering additional secure outdoor space. The property is situated on a 0.87-acre lot and enjoys excellent regional accessibility due to its proximity to I-20, making it an ideal location for businesses serving the Midlands area. Note that this property shares a common entrance with other flex buildings currently under development. Stormwater management is handled through an offsite system. Priced at $849,000, this property offers a compelling combination of office and warehouse space, making it an attractive investment opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2018
Total area 4,800 SF
Lot 4.4 ac (191,664 SF)
Zoning code RD
APN 005596-05-019
UPID US77-2546339

Cap rate & NOI

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

Location

416 Cedarcrest Dr Lexington, SC 29073-8711
Lexington metro Census 21044 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
$555k
Comparable Approach Comparable
$625k
Blend (final) Blend
$725k

Owner & transaction history

since 2026
Last sale
$515,000
4 recorded transactions
2026
$515,000
2025
$849,000
2024
Price N/A
2023
$1.1M

Zoning & alternative use

RD · Lexington, SC
Top alternative use upside
Office building $640,000 +52.5%
Commercial (general) $580,000 +37.9%
Retail stores $545,000 +29.7%

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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