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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Day care centers
419 Columbia Ave Lexington, SC 29072-2615
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US77-1438094
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1978
Total area
8,740 SF
Lot
2.3 ac (100,188 SF)
Zoning code
GC
APN
004332-01-017
UPID
US77-1438094
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
-
Creative Beginnings Christian High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$743k
Blend (final)
Blend
$580k
Owner & transaction history
Cbccdclex LLC · 14 yrs held
Cbccdclex LLC
since 2011
3 recorded transactions
Zoning & alternative use
GC · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,717.97 ac
Source
Realmo
Top alternative use upside
Restaurant
$925,000
+45.0%
Auto repair, garage
$700,000
+9.3%
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
$420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$640,000
Current use
RESTAURANT
$925,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$66 / 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
$22,401
Tax year 2023
Assessed value
$43,276
Assessed 2023
Previous assessed
$43,276
+0.0% YoY
Effective rate
51.76%
On assessed value
Assessed land
$18,036
Assessed improvement
$25,240
Land market value
$300,600
Improvement market value
$420,666
Total market value
$721,266
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Bathrooms
2
Total area
8,740 SF
Lot
2.3 ac (100,188 SF)
Zoning code
GC
APN
004332-01-017
UPID
US77-1438094
Jurisdiction
LEXINGTON
Zoning & alternative use
GC · Lexington, SCZoning GC · permitted uses
GC · Lexington, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designed to allow most commercial uses in locations where such uses benefit the public health, safety, and general welfare
Zone name
General Commercial
General category
COMMERCIAL
Zone area
1,717.97 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$640,000
RESTAURANT
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$700,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Heating
FORCED AIR
Bathrooms
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Cbccdclex LLC
Entity
Mailing address
419 COLUMBIA AVE, LEXINGTON, SC 29072-2615
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2011
—
Cbccdclex LLC
Lanham Corp
Grant Deed
$709,000 · Vista Bank
Feb 12, 2001
$586,500
Lanham Corp
—
Grant Deed
—
—
—
Lanham Corp
—
Deed Of Trust
related
$1,250,000 · Vista Bank
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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