Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3018 Mcnaughton Dr Columbia, SC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office/warehouse property for sale, located near I-20.

    Type:OFFICE
    Property size:
    3,297 SF
    Lot size:
    0.60 Acres
    Added:
    Aug 26, 2024
    Days on Market:
    603
    Last Refresh:
    Apr 5 at 11:17 pm

    Property Features for 3018 Mcnaughton Dr

    General Information

    Standard status
    Active
    Size
    3,297 SF
    Lot size
    0.60 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Michael Crowley
    Michael Crowley

    Listing agent Michael Crowley License #130079

    Listing office Wilson Kibler | Columbia

    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

    Overview

    Office/Warehouse Near I-20 For Sale

    This property is an office and warehouse space available for sale. It is zoned GC and is located 0.8 miles from I-20. The building has a total area of 3297 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Precious Jewels Learning ... Daycare Center Diamond Granite & Marble Kitchen & Bath Showroom Herring Joe C ... Electrical Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -80.9454
    Latitude
    34.0719

    Nearby Similar for Sale

    • $360,000
      4,000 SF

      Columbia Auto Service Center

      Commercial building with 10-bay garage in Columbia, SC.
      1530 Leaside Drive, Columbia, SC 29223
      View Details
    • $1,650,000
      9,918 SF

      Columbia Office Building For Sale

      Single-story office building in established Harbison/Irmo commercial corridor.
      13 Harbison Way, Columbia, SC 29212
      View Details
    • $550,000
      3,960 SF

      Versatile Commercial Opportunity in Columbia

      Prime commercial site with existing structure and redevelopment potential.
      123 Lawand Drive, Columbia, SC 29210
      View Details
    • $850,000
      5,969 SF

      Renovated Office Building on Two Notch

      Fully renovated office building with high visibility and accessibility.
      8311 Two Notch Road, Columbia, SC 29223
      View Details
    • $290,000
      2,600 SF

      Columbia Flex Building For Sale

      Flex building in NOMA redevelopment area, suitable for various uses.
      1111 Miller Avenue, Columbia, SC 29203
      View Details
    • $285,000
      2,419 SF

      Versatile Commercial Property in Columbia

      Commercial property with flexible configuration in established St. Andrews area.
      112 Arrowwood Road, Columbia, SC 29210
      View Details
    • $215,000
      2,255 SF

      Updated Office Condo For Sale

      Well-maintained office condo with recent upgrades in Columbia, SC.
      101 Rice Bent Way, Columbia, SC 29229
      View Details
    • $685,000
      7,800 SF

      Turn-Key Investment Opportunity in Columbia

      Income-producing property with mobile home park and commercial potential.
      6832 Two Notch Road, Columbia, SC 29223
      View Details
    • $259,000
      2,128 SF

      Columbia Duplex Investment Opportunity

      Turnkey duplex in St. Andrews area, Columbia. Income-producing property.
      205 Wynn Way, Columbia, SC 29210
      View Details
    • $150,000
      3,038 SF

      Office Space in Columbia, SC

      Office property for sale in Columbia, South Carolina.
      1408 Grove Park Lane, Columbia, SC 29210
      View Details
    • $2,999,000

      Columbia, SC Mixed-Use Investment Opportunity

      Mixed-use commercial property with gas station, retail, and residential components.
      1332 Broad River, Columbia, SC 29210
      View Details
    • $369,000
      1 SF

      High-Visibility Corner Lot Investment

      One-acre corner lot with income potential on Two Notch Rd.
      6538 Two Notch Road, Columbia, SC 29223-7456
      View Details

    FAQs

    What type of property is this?
    Office units - Office/warehouse property for sale, located near I-20.
    Where is this office units located?
    The property is located at 3018 Mcnaughton Dr Columbia, SC.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Office/Warehouse for Sale; GC Zoning; Located just 0.8 Miles from I‑20
    (704) 770-8692 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Crowley
    Michael Crowley
    Real Estate License ID: 130079
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!