Flex Warehouse with Office
For Sale
$1,250,000
1076 Sunset, West Columbia, SC 29169
COMMERCIAL - West Columbia, SC
Property Size6,030 SF
Lot Size1.20 Acres
Price / SF$207.30
Days on Market171
Property Features for 1076 Sunset
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
6
Directions
From the Congaree River Bridge go right at the light on US Hwy. 378 and the building is on the right next to the All Medical Bldg.
Subdivision
Cayce/West Cola/Airport/S. Congaree
Standard status
Active
Size
6,030 SF
Lot size
1.20 Acres
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Listing Agency:
M & R Realty & Construction
(803) 791-1100
Listed By:
Gene Brazzell
(803) 791-1100
Added: Mar 6
Changed: Aug 4
Last Checked: Aug 24 at 5:06PM
MLS# 628658
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Flex warehouse-style property in West Columbia, SC offering a configuration suitable for office/warehouse use, with room to support industrial or retail applications. The building sits on a commercially zoned parcel and is available for purchase.
The property is positioned in the Cayce/Columbia commercial area with access to three interstates and US Hwy. 378, which function as major thoroughfares in the district. The listing notes the building can also be leased at $8,500 per month.
Additional listing details include a lot size of 1.2 acres and building size of 6,030 square feet.
The property is positioned in the Cayce/Columbia commercial area with access to three interstates and US Hwy. 378, which function as major thoroughfares in the district. The listing notes the building can also be leased at $8,500 per month.
Additional listing details include a lot size of 1.2 acres and building size of 6,030 square feet.
Key Highlights
- Available for lease at $8,500 per month
- Commercial building in the Columbia / West Columbia / Cayce commercial area
- Access to three interstates and US Hwy 378
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,286
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$905,720
$905.7K
Cap Rate 7%
$646,943
$646.9K
Cap Rate 9%
$503,178
$503.2K
Market Conditions
NOI Build-Up for 6,030 SF
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.
Gross rent
$57.2K $9.48/SF
− Vacancy
−$3.9K −$0.64/SF
EGI
$53.3K $8.84/SF
− OpEx
−$8.0K −$1.33/SF
NOI
$45.3K $7.51/SF
Area
Lexington County, SC
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$905,720
Cap Rate 7%
$646,943
Cap Rate 9%
$503,178
Alternative Uses
Best Use
Warehouse
$646.9K
$566.1K – $754.8K
NOI $45,286 @ 7.0% cap · market cap 3.62%
Second Best
Industrial
$532.8K
$466.2K – $621.6K
NOI $37,294 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,364 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
616
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29169, SC
22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Agape Catering and Culinary — 1053 Center St, West Columbia, SC 29169
Frequently Asked Questions
What type of property is this?
Flex space - Versatile flex building in West Columbia with office/warehouse and potential industrial or retail use.
Where is this flex space located?
The property is located at 1076 Sunset West Columbia, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Available for lease at $8,500 per month; Commercial building in the Columbia / West Columbia / Cayce commercial area; Access to three interstates and US Hwy 378
