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    446 Old Cherokee Rd Lexington, SC 29072-9031

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    446 Old Cherokee Rd Lexington, SC 29072-9031


    • Office buildings
    • 4,374 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US77-1369640
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $860,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bliss Salon & Spa / Hair Salon / Nail Salon

    Property Details for 446 Old Cherokee Rd

    Year built
    2006
    Lot size
    0.06 lot acres
    Property size
    4,374 SF
    Zone code
    GC
    Property type
    Office buildings
    APN
    004303-01-002
    APU
    430301002

    Description

    This exceptional owner-user opportunity presents a 4,386 square foot, two-story retail building situated at 446 Old Cherokee Rd, Lexington, SC 29072. Built in 2009, this multi-tenant property (APN 004303-01-002) boasts a prime location on a major thoroughfare, benefiting from high visibility at a signaled intersection. The building is part of a three-building complex featuring medical, veterinary, and self-care services, ensuring consistent traffic flow. Its strategic location across from a school and surrounded by residential homes and similar commercial buildings guarantees a steady stream of potential customers. The property includes 14 paved parking spaces, supplemented by additional gravel parking. The interior layout is versatile, currently configured as a hair salon with massage and esthetician services, but easily adaptable to various office or retail uses. The main level features a lobby, two offices, a kitchen/laundry room, a bathroom, storage/utility closets, and ample open floor space. The upper level offers four large rooms, a bathroom, and finished storage areas. The asking price is $1,250,000, translating to $285 per square foot. This presents a rare chance to acquire a thriving commercial property in a highly desirable Lexington location. The property's strong tenant base and convenient amenities make it an attractive investment for both owner-users and investors seeking a stable, high-traffic location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,045,000
      6.5%
      $960,000
      7%
      $895,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $875,000
      Market price range: $421k - $876k
      AI Estimate
      $740,000
      Market price range: $376k - $740k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $620,000
      Current use
      AUTO REPAIR, GARAGE
      $1,065,000
      Change: +71% Conversion: Difficult
      MEDICAL BUILDING
      $930,000
      Change: +49% Conversion: Easy
      COMMERCIAL (GENERAL)
      $725,000
      Change: +17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2325
    Latitude
    34.0049
    CBSA code
    17900
    CBSA name
    COLUMBIA, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,420
    $7,202
    $30,318
    $37,520
    -
    $120,031
    $505,292
    $625,323
    More about this property
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