1516 Lafayette Ave, Cayce, SC
Industrial property in Cayce, SC, near Charleston Hwy.
- Added:
- Jun 14, 2022
- Days on Market:
- 1466
- Last Refresh:
- May 20 at 8:12 pm
Property Features for 1516 Lafayette Ave
General Information
- Standard status
- Active
- Size
- 8,829 SF
- Lot size
- 0.20 Acres
- Property subtype
- INDUSTRIAL
Listing agent William Gregg License #SC 96568
Listing office Wilson Kibler | Columbia (803) 779-8600
Listing date Jun 14, 2022
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
- ±8,829 SF Industrial property on ±0.77 AC in Cayce, South Carolina.
- Located just off Charleston Hwy.
- Features three (3) separate buildings.
- Zoning: C1 (Neighborhood Commercial).
- High Traffic Counts: Charleston Hwy.: 23,870 VPD; 12th Street: 12,971 VPD.
- Less than ±4.5 miles to Columbia Metropolitan Airport (CAE).
Overview
Local Financial Insights For Industrial
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 | $83.7k | $9.48 |
| − Vacancy | −$5.7k | −$0.64 |
| EGI | $78.0k | $8.84 |
| − OpEx | −$23.4k | −$2.65 |
| NOI | $54.6k | $6.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cayce
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.0754
- Latitude
- 33.9749
