416 Cedarcrest Dr Lexington, SC 29073-8711
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RD · Lexington, SCLexington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.