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Property profile & analytics
OFF-MARKET
Estimated value
$2,195,000
Strip malls
5483 Sunset Blvd, Lexington, SC 29072-7475
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-3031272
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Total area
18,753 SF
Lot
0.84 ac (36,590 SF)
Zoning code
GC
APN
004345-01-058
UPID
US77-3031272
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
-
SC Treasure Exchange Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
ZettaPrime Inc. Tech Support Center (Bike/Boat/Book/etc) Store
-
World Finance Loan Service
-
Mighty Insurance Company SC Insurance Agency
-
Monterrrey Minimarket Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$2.20M
Owner & transaction history
First Citizens Bank & Trust Company · 2 yrs held
First Citizens Bank & Trust Company
since 2023
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
GC · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+55.8%
Office building
$2.7M
+33.7%
Retail stores
$2.1M
+6.6%
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
$2,100,000
ML approach
$2,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,995,000
Current use
COMMERCIAL (GENERAL)
$3,105,000
Change: +56% · Conversion: Easy
OFFICE BUILDING
$2,665,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$2,125,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$2.20M
Range $1.98M – $2.41M · ±10% · vs last sale $2.30M (Nov 2 2023)
Last sale anchor
$2.30M
Nov 2 2023
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
$117 / 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
$42,763
Tax year 2023
Assessed value
$82,619
Assessed 2023
Previous assessed
$82,619
+0.0% YoY
Effective rate
51.76%
On assessed value
Assessed land
$24,701
Assessed improvement
$57,918
Land market value
$411,675
Improvement market value
$965,306
Total market value
$1,376,981
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Bathrooms
2
Total area
18,753 SF
Lot
0.84 ac (36,590 SF)
Zoning code
GC
APN
004345-01-058
UPID
US77-3031272
Jurisdiction
LEXINGTON
Zoning & alternative use
GC · Lexington, SC
Zoning GC · permitted uses
GC · Lexington, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2001
Heating
FORCED AIR
Bathrooms
2
Lot
0.84 ac
Current owner
From public records · entity-resolved
First Citizens Bank & Trust Company
Trust
Mailing address
PO BOX 26592, RALEIGH, NC 27611-6592
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2023
—
First Citizens Bank & Trust Company
Xanthakos Richland Residential LLC
Deed
—
Nov 2, 2023
$2,300,000
Xanthakos Richland Residential LLC
Sunset Boulevard 5483 LLC
Deed
$1,155,468 · First Citizens Bank And Trust Co In
Dec 22, 2022
—
Sunset Boulevard 5483 LLC
—
Deed
related
$1,375,000 · The Citizens Bank
Dec 22, 2021
$1,835,975
Sunset Boulevard 5483 LLC
5483 Sunset LLC
Limited Warranty Deed
—
Sep 14, 2020
—
5483 Sunset LLC
—
Deed
related
$1,060,000 · Arthur State Bank
Jan 11, 2018
$1,262,500
5483 Sunset LLC
Ikor Systems LLC
Limited Warranty Deed
$1,152,000 · First South Bank
Jul 31, 2017
—
Ikor Systems LLC
Ajit S Randhawa
Limited Warranty Deed
—
Dec 17, 2014
—
Randhawa,ajit S Trust
—
Trustees Deed
related
$779,826 · Wells Fargo Bk
Oct 30, 2003
$1,287,000
Ajit S Randhawa
—
Grant Deed
related
—
—
—
Randhawa,ajit S Trust
—
Deed Of Trust
related
$400,000 · William M & N Nikki Haley
—
—
Randhawa,ajit S Trust
—
Loan Modification
related
$739,690 · Wells Fargo Bk
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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