Realmo Analytics

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Financial
Distress signals
Property profile

808 S Lake Dr Lexington, SC 29072

FOR SALE
Turn key restaurants
Property ID
US77-2945710
7,222 SF 1.11 ac lot Built 1893
Last sale Jan 2021 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$29k
Assessed land$15k
Assessed improvement$14k
Effective rate51.76%

Value estimate

· Oct 2026
$445k
$401k – $490k
AI approach$460k
NOI build-up
Gross scheduled income$116k
Vacancy & credit loss−$7k
Operating expenses−$27k
NOI · 7.42% cap applied$82k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$240/SF
County average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$84 – $435

Cap rate analysis

How does the asset earn?
7.42%
$82k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ID
JurisdictionLEXINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.5
Auto Parts Store10.4
Convenience Store10.1

Location

808 S Lake Dr Lexington, SC 29072
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5225 Sunset, Lexington, SC 29072-7098 $3,603,932 May 2025 11,200 SF
5594 Sunset, Lexington, SC 29072-6500 $6,847,000 Apr 2025 9,520 SF
157 Hwy 378, Lexington, SC 29072-9173 $4,248,647 Mar 2025 7,960 SF
1348 Lk, Lexington, SC 29072-7653 $48,500 Dec 2024 8,430 SF
602 Main, Lexington, SC 29072-3729 $1,600,000 Nov 2024 8,236 SF
914 Lk, Lexington, SC 29072-2174 $16,050,000 Apr 2024 7,995 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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