220 E Main St, Lexington, SC
3,800 SF office building for sale in Lexington, SC.
- Added:
- Aug 26, 2024
- Days on Market:
- 663
- Last Refresh:
- May 19 at 10:48 pm
Property Features for 220 E Main St
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 0.58 Acres
- Property subtype
- OFFICE
Listing agent Julian Wilson
Listing office Wilson Kibler | Columbia (803) 779-8600
Listing date Aug 26, 2024
Source Moodyscre
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 Wilson Kibler | Columbia
HighLights
- 3,800 SF Office Building
- Commercial Zoning in Lexington County, South Carolina
- 12 Surface Parking Spaces
- 0.57 Acre Parcel of Land
- Located at 220 E Main Street
- For Sale for $975,000
Overview
Local Financial Insights For Office B
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 | $72.5k | $19.08 |
| − Vacancy | −$4.6k | −$1.20 |
| EGI | $67.9k | $17.88 |
| − OpEx | −$17.0k | −$4.47 |
| NOI | $51.0k | $13.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.2344
- Latitude
- 33.9806
