359 Porsche DrLexington, SC 29072

Property Details for 359 Porsche Dr

Year built

1998

Lot size

0.59 AC

Property size (Sq ft)

4,800 SF

Property type

Auto shops

APN

005498-05-029

APU

549805029

Description

This exceptional 5,000-square-foot property, located at 359 Porsche Drive in Lexington, South Carolina, presents a unique investment opportunity. The building boasts a flexible design encompassing both executive office space and warehouse functionality, ideal for a variety of businesses. Situated on a 0.59-acre lot in Lexington County, this single-tenant building offers unparalleled convenience and accessibility. The warehouse component features impressive ceiling heights ranging from 12 to 15 feet, providing ample vertical space for storage or specialized equipment. Five convenient drive-in bays ensure efficient loading and unloading operations, streamlining logistics and maximizing productivity. The property's classification as both office and industrial space allows for diverse operational configurations, catering to businesses requiring a blend of administrative and warehousing needs. The entire 5,000 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's address is 359 Porsche Dr, Lexington, SC 29072. This prime location in Lexington County offers easy access to major transportation routes, enhancing connectivity and logistical efficiency. This is a rare opportunity to acquire a versatile and well-situated commercial property in a thriving South Carolina market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,061,170

  6.5%

  $979,542

  7%

  $909,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $885,070

  Geo Method

  $2,048,337

• Alternative Use

  Use

  Valuation

  Residential

  $826,280

  Hospitality

  $756,868

  Educational

  $629,705

  Medical

  $651,362

  Retail

  $979,542

Location Insight

City

Lexington

County

Lexington

State

South Carolina

Latitude

33.9584

Longitude

-81.2366

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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