Conditioned Flex
1255 Boston Ave, West Columbia, SC 29170
For Sale
$1,000,000
Combined office, showroom, and warehouse improvements support distribution, service, light manufacturing, and showroom operations.
Property Size9,000 SF
Price / SF$111.11
Days on Market94
Property Features for 1255 Boston Ave
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Dock-High Doors
Drive-In Doors
Three-Phase Power
Conditioned Warehouse
Building Details
Building Size
Listing Agency:
Reedy Commercial
Listed By:
Bryan Kingrey
(803) 466-9621
Source:
Reedycommercial
Added: Aug 8
Changed: Oct 26
Last Checked: Nov 8 at 3:14AM
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 Reedy Commercial
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Investment Insights
Based on property information with market context.
This flex property at 1255 Boston Ave in West Columbia, SC combines approximately ±9,000 SF of improvements across office, showroom, and warehouse areas. The layout includes approximately ±1,500 SF of office/showroom space and ±7,500 SF of fully conditioned warehouse space, with ±16 ft ceilings, multiple bathrooms, and 3-phase power. The configuration supports distribution, service, light manufacturing, showroom, and other flex-oriented operations.
Loading is provided by one 10'x12' dock door and one 10'x12' drive-in door. The property is located in Columbia, SC, at 1255 Boston Ave, West Columbia, SC 29170.
Loading is provided by one 10'x12' dock door and one 10'x12' drive-in door. The property is located in Columbia, SC, at 1255 Boston Ave, West Columbia, SC 29170.
Key Highlights
- Approximately ±9,000 SF office, showroom, and warehouse facility
- Approximately ±1,500 SF of office/showroom space
- Approximately ±7,500 SF of fully conditioned warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,591
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,351,820
$1.4M
Cap Rate 7%
$965,586
$965.6K
Cap Rate 9%
$751,011
$751.0K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$85.3K $9.48/SF
− Vacancy
−$5.8K −$0.64/SF
EGI
$79.5K $8.84/SF
− OpEx
−$11.9K −$1.33/SF
NOI
$67.6K $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 Rate 5%
$1,351,820
Cap Rate 7%
$965,586
Cap Rate 9%
$751,011
Alternative Uses
Best Use
Warehouse
$965.6K
$844.9K – $1.13M
NOI $67,591 @ 7.0% cap · market cap 6.76%
Second Best
Industrial
$795.2K
$695.8K – $927.7K
NOI $55,663 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$2.42M
$2.12M – $2.82M
NOI $169,200 @ 7.0% cap · market cap 16.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
16 ft
Clear height
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29170, SC
22,422
Population
9,547
Households
2.3
Avg Household Size
39
Median Age
30%
College-Educated
92%
High-School Grad
24.5 sq mi
ZIP Area
915
Density / Sq Mi
$73,470
Median Household Income
$43,125
Median Earnings
$1,026
Median Rent
$191,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in West Columbia, SC
Properties on Market for Flex space in West Columbia
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Evelyn's Sweet Treats and Catering — 1832 Airport Blvd, Cayce, SC 29033
Frequently Asked Questions
What type of property is this?
Flex space - Combined office, showroom, and warehouse improvements support distribution, service, light manufacturing, and showroom operations.
Where is this flex space located?
The property is located at 1255 Boston Ave West Columbia, SC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately ±9,000 SF office, showroom, and warehouse facility; Approximately ±1,500 SF of office/showroom space; Approximately ±7,500 SF of fully conditioned warehouse space
