200 Lee LnSeneca, SC 29678

Property Details for 200 Lee Ln

Year built

1995

Lot size

1.09 AC

Property size (Sq ft)

3,200 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

520-17-01-054

APU

5201701054

Description

This exceptional investment opportunity presents a fully renovated, 7,550-square-foot daycare center situated on a 1.09-acre corner lot in Seneca, South Carolina (zip code 29678). The property, zoned NC, boasts excellent visibility and ample parking (20 spaces). The facility comprises three buildings, each recently updated with fresh interior and exterior paint, new flooring, doors, and awnings. Building 1 (3,200 sq ft), constructed in 1985, features five large classrooms, four bathrooms, a kitchen area with laundry machines and pantry, two offices, and two HVAC units (one brand new). Building 2 (2,400 sq ft), built around 1987, includes three classrooms, three bathrooms, one HVAC unit, and a well-maintained membrane roof. Building 3 (1,950 sq ft), built around 1989, offers two classrooms, two bathrooms, one shower, a small kitchenette, laundry hookups, and a recently installed HVAC unit with a good condition membrane roof. A robust security system, including RFID-controlled door locks and 24 security cameras, is in place. The property is in excellent condition, with minimal deferred maintenance, representing a turnkey operation ready for immediate occupancy or continued use as a daycare. The asking price is $900,000, translating to $119.21 per square foot. This is a NNN lease property with single tenancy.

• CAP approach

  CAP return

  Valuation

  6%

  $800,245

  6.5%

  $738,687

  7%

  $685,924

• Comparable approach

  Method

  Valuation

  Relative Method

  $302,974

  Geo Method

  $302,974

• Alternative Use

  Use

  Valuation

  Residential

  $937,056

  Hospitality

  $858,338

  Educational

  $714,128

  Medical

  $738,687

  Retail

  $1,110,865

Location Insight

City

Seneca

County

Oconee

State

South Carolina

Latitude

34.6962

Longitude

-82.9582

CBSA code

42860

CBSA name

SENECA, SC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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