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Property profile & analytics
OFF-MARKET
Estimated value
$6,005,000
Office buildings
714 Lk Dr, Lexington, SC 29072-3462
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-0503217
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Total area
43,078 SF
Lot
4.5 ac (196,020 SF)
APN
005496-01-039
UPID
US77-0503217
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
-
SOUTHLAKE CENTER Business Service Center Corporate Office
-
Gentlemen Movers Inc. Moving Company
-
Midland Air Service Experts HVAC Service General Contractor
-
Meetze Plumbing Plumbing Service General Contractor
-
Go Solar Power Solar Energy Company Electric Vehicle Charging Station Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.41M
Blend (final)
Blend
$6.01M
Owner & transaction history
JR Colorado LLC · 4 yrs held
JR Colorado LLC
since 2022
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$9.1M
+49.4%
Commercial (general)
$7.1M
+16.5%
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
$5,935,000
ML approach
$6,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,120,000
Current use
MEDICAL BUILDING
$9,145,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$7,130,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$6.01M
Range $5.40M – $6.61M · ±10% · vs last sale $5.20M (Jan 4 2022)
Last sale anchor
$5.20M
Jan 4 2022
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
$139 / 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
$129,396
Tax year 2023
Assessed value
$312,000
Assessed 2023
Previous assessed
$312,000
+0.0% YoY
Effective rate
41.47%
On assessed value
Assessed land
$52,650
Assessed improvement
$259,350
Land market value
$877,500
Improvement market value
$4,322,500
Total market value
$5,200,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Heating
OTHER
Bathrooms
1
Total area
43,078 SF
Lot
4.5 ac (196,020 SF)
APN
005496-01-039
UPID
US77-0503217
Jurisdiction
LEXINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$7.1M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1950
Heating
OTHER
Bathrooms
1
Lot
4.5 ac
Current owner
From public records · entity-resolved
JR Colorado LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 52584, LAFAYETTE, LA 70505-2584
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2022
—
Jpo Colorado LLC
—
Deed
related
$3,000,000 · First Horizon Bank
Jan 4, 2022
—
JR Colorado LLC
East West Southlake LLC
Quit Claim Deed
related
—
Jan 4, 2022
$5,200,000
Jpo Colorado LLC
East West Southlake LLC
Deed
—
Jan 15, 2016
—
East West Southlake LLC
Southlake Associates LLC
Quit Claim Deed
related
—
Jan 15, 2016
$4,050,000
East West Southlake LLC
Southlake Associates LLC
Trustees Deed
related
$3,037,500 · Wells Fargo Bk
Dec 28, 2007
—
Southlake Associates LLC
—
Deed Of Trust
related
$2,800,000 · Wachovia Bank NA
Oct 4, 2005
$67,500
Bb&b Builders INC
Cregger Capital Investments INC
Deed
—
Apr 14, 2004
—
Southlake Associates LLC
Harmon,charles W
Grant Deed
related
—
Apr 1, 2003
$30,000
Sc Dept Of Trans
—
Grant Deed
related
—
—
—
Southlake Associates LLC
—
Loan Modification
related
$3,091,652 · Wells Fargo 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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