Flex Warehouse with Highway
101 Warner Drive Columbia, SC 29223
For Sale
Contact for pricing
Flex warehouse offering easy access to SC-277 with quick routes to I-20, I-77, and Downtown Columbia.
Property Size4,600 SF
Price / SF$151.96
Days on Market79
Property Features for 101 Warner Drive
General Information
- Standard status
- Active
- Size
- 4,600 SF
- Property subtype
- Office, Industrial
Listing Agency:
NAI Columbia
Listed By:
Jack Springs · License #SC 100498
Source:
Crexi
Added: May 7
Changed: Jul 22
Last Checked: Jul 22 at 11:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Columbia
Investment Insights
Based on property information with market context.
This property is a flex warehouse-style commercial space offered for sale. It is identified as industrial/flex real estate within the property listing.
The property adjoins SC-277, providing easy access to I-20 (about 2 minutes), I-77 (about 4 minutes), and Downtown Columbia (about 4 minutes).
Additional details such as specific building configuration, improvements, and condition are not provided in the available information.
The property adjoins SC-277, providing easy access to I-20 (about 2 minutes), I-77 (about 4 minutes), and Downtown Columbia (about 4 minutes).
Additional details such as specific building configuration, improvements, and condition are not provided in the available information.
Key Highlights
- Adjoins SC‑277 for easy access to I‑20 (2 minutes), I‑77 (4 minutes), and Downtown Columbia (4 minutes)
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.8k | $20.40 |
| − Vacancy | −$6.1k | −$1.33 |
| EGI | $87.7k | $19.07 |
| − OpEx | −$30.7k | −$6.68 |
| NOI | $57.0k | $12.40 |
4,600 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 35.00%
Alternative Uses
Best Use
Warehouse
$974.3K
$852.5K – $1.14M
NOI $68,198 @ 7.0% cap · market cap 9.76%
Second Best
Flex RnD
$814.7K
$712.9K – $950.5K
NOI $57,031 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$1.13M
$991.1K – $1.32M
NOI $79,289 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex warehouse offering easy access to SC-277 with quick routes to I-20, I-77, and Downtown Columbia.
Where is this flex space located?
The property is located at 101 Warner Drive Columbia, SC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Adjoins SC‑277 for easy access to I‑20 (2 minutes), I‑77 (4 minutes), and Downtown Columbia (4 minutes)
