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Property profile & analytics
FOR LEASE
Retail space
5580 Sunset Blvd Lexington, SC 29072
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US77-1454272
For Lease
1 / 10
$2,430,000
5580 Sunset Blvd, Lexington, SC 29072
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Total area
8,497 SF
Lot
1.89 ac (82,328 SF)
Zoning code
GC
APN
004300-02-037
UPID
US77-1454272
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
-
Sully's Steamers Take-out & Catering
-
Hand and Stone Massage and Facial Spa Spa & Massage Center
-
Kitty's Korner Shopping Center & Mall
-
Stretch Zone Gym & Fitness Center Alternative Medicine Practice
-
Stretch Zone - Lake Murray Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$2.43M
Owner & transaction history
Col 1004 Lexington LLC · 5 yrs held
Col 1004 Lexington LLC
since 2021
Last sale
$3.2M
5 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
Auto repair, garage
$2.1M
+114.6%
Restaurant
$2.0M
+112.2%
Medical building
$1.8M
+87.4%
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
$2,560,000
ML approach
$2,840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,065,000
Change: +115% · Conversion: Difficult
RESTAURANT
$2,045,000
Change: +112% · Conversion: Easy
MEDICAL BUILDING
$1,805,000
Change: +87% · Conversion: Difficult
Blend value · Realmo final
$2.43M
Range $2.19M – $2.67M · ±10% · vs last sale $3.20M (Dec 23 2020)
Last sale anchor
$3.20M
Dec 23 2020
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
$286 / 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
$93,165
Tax year 2023
Assessed value
$180,000
Assessed 2023
Previous assessed
$180,000
+0.0% YoY
Effective rate
51.76%
On assessed value
Assessed land
$96,324
Assessed improvement
$83,676
Land market value
$1,605,400
Improvement market value
$1,394,600
Total market value
$3,000,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1996
Heating
FLOOR/WALL FURNACE
Bathrooms
1
Total area
8,497 SF
Lot
1.89 ac (82,328 SF)
Zoning code
GC
APN
004300-02-037
UPID
US77-1454272
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
AUTO REPAIR, GARAGE
Est. value
$2.1M
RESTAURANT
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
RESTAURANT
MEDICAL BUILDING
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
1996
Heating
FLOOR/WALL FURNACE
Bathrooms
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Col 1004 Lexington LLC
Entity
Free & Clear · 5 yrs held
Mailing address
400 MEMORIAL DR EXT STE #200, GREER, SC 29651-1850
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Col 1004 Lexington LLC
—
Deed
related
$1,101,359 · United Community Bank
Jun 29, 2023
—
Col 1004 Lexington LLC
—
Deed
related
$903,700 · United Community Bank
Jan 11, 2021
$3,000,000
Col 1004 Lexington LLC
San Shin LLC
Correction Deed
related
—
Dec 23, 2020
$3,200,000
Col 1004 Lexington LLC
San Shin LLC
Deed
$2,198,000 · United Community Bank
May 6, 2004
—
San Shin LLC
—
Deed Of Trust
related
$2,166,000 · First Citizens Bank & Trust Co
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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