918 N Lake Dr, Lexington, SC 29072
- Strip malls
- 64,281 SF
- 11.71 lot acres
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 / Kiosk / Atm
Property Details for 918 N Lake Dr
- Year built
- 1986
- Lot size
- 11.71 lot acres
- Zone code
- GC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 004300-02-026
- APU
- 430002026
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 3, 2024 | $16,050,000 | Evp Ltc LLC | Bva Lexington Tc LLC | Deed | $1.6M · Salem Five Cents Savings Bank |
| Jun 11, 2018 | $500 | Bva Lexington Tc LLC | Lexington Towne Centre LLC | Quit Claim Deed · related | — |
| Jun 11, 2018 | $12,575,000 | Bva Lexington Tc LLC | Lexington Towne Centre LLC | Limited Warranty Deed | — |
| Jul 30, 2013 | $7,425,000 | Lexington Towne Centre LP | Lexington Towne Center E & A | Grant Deed | — |
| Sep 4, 2009 | — | Lexington Towne Center E & A | Edens & Avant Financing | Warranty Deed | — |
| — | — | Lexington Towne Centre LP | — | Deed Of Trust · related | $7.1M · Newbridge Bank |
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
-
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
