4220 Augusta RdLexington, SC 29073

Property Details for 4220 Augusta Rd

Year built

1999

Lot size

0.42 AC

Property size (Sq ft)

4,600 SF

Zone code

ID

Property type

Commercial real estate

APN

005627-04-016

APU

562704016

Description

This exceptional commercial property, situated at 4220 Augusta Road in Lexington, South Carolina, presents a remarkable investment opportunity. Boasting a substantial 4,920 square feet of space spread across three stories, this versatile building offers endless possibilities for a variety of commercial uses. Imagine establishing a thriving office complex, a vibrant retail space, or a modern medical facility within this well-positioned building. Its prime location on Augusta Road ensures high visibility and accessibility, benefiting from a significant daily traffic count of 31,500 vehicles. The property's strategic location is further enhanced by its complete perimeter fencing, secured by an electric gate, providing both privacy and security. Ample parking is available for tenants and customers, ensuring convenience and ease of access. Adding to the property's appeal is an 800 square foot detached garage/shop, ideal for storage, workshop space, or additional operational needs. The property sits on a 0.42-acre lot. The asking price is $499,900, and owner financing is available, making this an attractive proposition for discerning investors. Please note that certain appliances, including the washer, dryer, and refrigerator, are not included in the sale. This property is ready for immediate occupancy and presents a unique chance to capitalize on a high-traffic location and a versatile building design.

• CAP approach

  CAP return

  Valuation

  6%

  $784,047

  6.5%

  $723,735

  7%

  $672,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $336,584

  Geo Method

  $778,964

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,550,730

  Retail / Commercial

  $770,569

  Mixed-Use / Specialty

  $748,405

  Hospitality / Lodging

  $523,802

  Office

  $723,735

  Institutional / Educational

  $771,100

  Residential Income

  $902,187

  Multifamily

  $1,189,680

  Automotive / Energy

  $660,943

  Parking / Income-Based Land

  $247,267

  Restaurant / Food Service

  $347,813

  Healthcare / Senior Housing

  $787,387

Location Insight

City

Lexington

County

Lexington

State

South Carolina

Latitude

33.9722

Longitude

-81.1456

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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