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34367220
34367219

1224 OLD CHEROKEE RD, LEXINGTON, SC 29072-9579 For Sale

DW
SC 61261
Southern Vision Real estate
GW
SC SC 80968
Southern Vision Real estate
Listed by Southern Vision Real estate
$2,000,000
5 days on market
Updated 1 day ago

Kid City USA | Lexington, SC

Details
APN 004200-01-017
Property Type Retail, Office (+1)
Sub Type Day Care/Nursery
Square Footage 9,081
Units 1
Cap Rate 6.25%
NOI $185,000
Year Built 2009
Year Renovated 2022
Buildings 1
Stories 1
Lot Size (SqFt) 92,562
Zoning RD - Restrictive Development
Ground Lease No
Sale Condition For sale by owner

Purpose-Built Educational Facility | Flexible Commercial Opportunity on ±2.12 Acres

Marketing description

1224 Old Cherokee Road presents a unique opportunity to acquire a purpose-built educational and commercial facility in the heart of Lexington, South Carolina. Situated on approximately ±2.12 acres, the property features approximately 8,223 square feet of well-maintained space originally designed for childcare and educational operations.

The thoughtfully designed floor plan includes welcoming reception and administrative areas, multiple classrooms, kitchen facilities, indoor activity space, multiple restrooms, and outdoor playground areas. The property is move-in ready for educational or childcare users while also offering exceptional potential for adaptive reuse as a private school, therapy center, medical office, church, nonprofit organization, professional office, or other commercial use, subject to applicable approvals.

Located in one of the Midlands' fastest-growing markets, the property benefits from strong household incomes, expanding residential development, and excellent accessibility. With continued population growth and increasing demand for educational and community services, this offering represents an outstanding opportunity for owner-users, investors, and specialty commercial operators seeking a highly functional facility in a desirable Lexington location.

Investment highlights

  • Purpose-built educational/childcare facility on approximately ±2.12 acres
  • Approximately 8,223 SF commercial building designed for educational use
  • Flexible floor plan suitable for childcare, education, medical, nonprofit, church, or office use (subject to approvals)
  • Reception area, administrative offices, multiple classrooms, kitchen, and indoor activity space
  • Outdoor playground, basketball court, pool and recreation area
  • Ample paved parking and covered entrance
  • Located in one of South Carolina's fastest-growing counties

Strong surrounding demographics with continued residential development

Situated within the highly regarded Lexington One School District

Excellent owner-user or adaptive reuse opportunity

Listing Contacts

DW
SC 61261
Southern Vision Real estate
GW
SC SC 80968
Southern Vision Real estate
Listed by Southern Vision Real estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$185,000.00
$15,416.67/mo

Valuation Metrics

0
DSCR
9.25%
Cap Rate
9.25%
ROI

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Additional Information

Name
Doug Wilkes
License
61261
Brokerage
Southern Visions Realty 1 LLC
Brokerage Phone
8039035263
Title
Sales & Development
Brokerage Address
955 Old Cherokee Road
Name
Gregory Wilkins
License
SC 80968
Brokerage
Southern Visions Real Estate
Title
SC
Brokerage Address
955 Old Cherokee Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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