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    918 N Lake Dr Lexington, SC 29072

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    918 N Lake Dr Lexington, SC 29072


    • Strip malls
    • 64,281 SF
    • 11.71 lot acres
    Retail Center Anchored by Food Lion For Lease
    $14,210,000
    131,809 SF

    Retail Center Anchored by Food Lion

    131,809 SF shopping center in a growing area.

    918 N Lake Dr, Lexington, SC 29072
    View Listing
    Property ID
    US77-1379372
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Food Lion / Grocery & Convenience Store / Food Market
    • HOTWORX- Lexington, SC / Gym & Fitness Center
    • Blue Rhino Propane Exchange / Propane Supplier
    • Western Union / Bank / Credit Union
    • Coinstar Kiosk | Bitcoin ATM / Currency Exchange Service / Kiosk

    Property Details for 918 N Lake Dr

    Year built
    1986
    Lot size
    11.71 lot acres
    Property size
    64,281 SF
    Zone code
    GC
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    004300-02-026
    APU
    430002026

    Description

    Lexington Towne Centre offers a prime retail opportunity in Lexington, South Carolina. This 131,809 square foot shopping center is anchored by Food Lion, Books-A-Million, and Big Air, ensuring high visibility and consistent foot traffic. Currently, 3,775 square feet of retail space is available, representing a minimum divisible unit size. The maximum contiguous space available is also 3,775 square feet, ideal for a single tenant seeking a prominent location. The center boasts a total of 15 suites, providing a diverse mix of tenants and a vibrant atmosphere. Situated on 12 acres of land at the intersection of Sunset Blvd and N Lake Dr, this location benefits from excellent accessibility and visibility in a rapidly growing area of the Columbia metro region. The property's strategic location extends its reach to the substantial residential population surrounding Lake Murray, providing a wide and established customer base. This opportunity is perfect for businesses seeking a well-established location within a thriving retail environment. The property's size and location make it an attractive option for a variety of retail uses, including those listed in the property subtype: Shopping Center, Office, Retail, Salon, and Massage.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $15,440,000
      6.5%
      $14,255,000
      7%
      $13,235,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,491,000
      Market price range: $3.02M - $10.5M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $15,625,000
      RESTAURANT
      $15,455,000
      MEDICAL BUILDING
      $13,645,000
      COMMERCIAL (GENERAL)
      $10,645,000
      OFFICE BUILDING
      $9,135,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.2291
    Latitude
    33.9948
    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
    $336,824
    $180,029
    $470,727
    $650,756
    -
    $3,000,487
    $7,845,450
    $10,845,937
    View Listing
    More about this property
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