Back to Search
Property profile & analytics
FOR SALE
Assisted living facilities
Riverchase Way Lexington, SC 29072
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-0577626
For Sale
1 / 23
$712,500
Riverchase Way, Lexington, SC 29072
View Listing →
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2001
Total area
41,196 SF
Lot
6.41 ac (279,220 SF)
Zoning code
GC
APN
004300-07-143
UPID
US77-0577626
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
-
Opsahl Robert E Architect
-
Kristen Carlson Physician
-
Affinity Caregivers of SC Home Health Care Service
-
Deepwood Estates by Barclay House Retirement Community
-
Beverly K. Hair Salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.04M
Blend (final)
Blend
$9.75M
Owner & transaction history
203 Old Chapin Road Owner LLC · 2 yrs held
203 Old Chapin Road Owner LLC
since 2024
3 recorded transactions
Zoning & alternative use
GC · Lexington, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$11,400,000
ML approach
$9,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.75M
Range $8.77M – $10.72M · ±10%
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
$237 / 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
$357,496
Tax year 2023
Assessed value
$690,696
Assessed 2023
Previous assessed
$690,696
+0.0% YoY
Effective rate
51.76%
On assessed value
Assessed land
$34,614
Assessed improvement
$656,082
Land market value
$576,900
Improvement market value
$10,934,699
Total market value
$11,511,599
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
For Sale
Year built
2001
Heating
FORCED AIR
Bathrooms
2
Total area
41,196 SF
Lot
6.41 ac (279,220 SF)
Zoning code
GC
APN
004300-07-143
UPID
US77-0577626
Jurisdiction
LEXINGTON
Zoning & alternative use
GC · Lexington, SC
Zoning GC · permitted uses
GC · Lexington, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Bathrooms
2
Lot
6.41 ac
Current owner
From public records · entity-resolved
203 Old Chapin Road Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
631 W MORSE BLVD, WINTER PARK, FL 32789-3775
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
203 Old Chapin Road Owner LLC
Churchill Property Portfolio Owner
Special Warranty Deed
—
Aug 4, 2021
$11,511,599
Churchill Property Portfolio Owner
Lexington Chapin Ret Residence LLC
Special Warranty Deed
—
—
—
Lexington-chapin Retirement Re
—
Deed Of Trust
related
$21,180,000 · Walker & Dunlop
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.