Flex Warehouse with Highway
For Sale
Contact for pricing
Pending
101 Warner Drive, Columbia, SC 29223
Flex warehouse offering easy access to SC-277 with quick routes to I-20, I-77, and Downtown Columbia.
Property Size4,600 SF
Days on Market154
Property Features for 101 Warner Drive
General Information
Standard status
Pending
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: Sep 29
Last Checked: Oct 7 at 9:06AM
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
Estimated NOI and Cap Rate
NOI / Yr
$57,031
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,620
$1.1M
Cap Rate 7%
$814,729
$814.7K
Cap Rate 9%
$633,678
$633.7K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$93.8K $20.40/SF
− Vacancy
−$6.1K −$1.33/SF
EGI
$87.7K $19.07/SF
− OpEx
−$30.7K −$6.68/SF
NOI
$57.0K $12.40/SF
Area
Columbia, SC
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,140,620
Cap Rate 7%
$814,729
Cap Rate 9%
$633,678
Alternative Uses
Best Use
Flex RnD
$814.7K
$712.9K – $950.5K
NOI $57,031 @ 7.0% cap · market cap 8.16%
Second Best
Industrial
$802.3K
$702.0K – $936.1K
NOI $56,163 @ 7.0% cap · market cap 8.03%
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29223, SC
52,477
Population
24,142
Households
2.2
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
2,074
Density / Sq Mi
$56,300
Median Household Income
$37,435
Median Earnings
$1,217
Median Rent
$183,800
Median Home Value
Market
Vacancy Rate% for Industrial in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
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)
