Freestanding Single-Story
For Sale
Contact for pricing
200 Wise Ferry Rd, Lexington, SC 29072
Single-story freestanding building with a full commercial kitchen, ample parking, and subdivision potential for multiple uses.
Property Size7,500 SF
Price / SF$233.33
Days on Market581
Property Features for 200 Wise Ferry Rd
General Information
Standard status
Active
Size
7,500 SF
Property subtype
RETAIL
Listing Agency:
Colliers | Columbia
(803) 254-2300
Listed By:
Mary Teaster · License #28525
(803) 261-5839
Source:
Moodyscre
Added: Mar 25, 2025
Changed: Oct 25
Last Checked: Oct 24 at 9:09PM
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 Colliers | Columbia
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,500-square-foot, freestanding single-story building sits on approximately 1.5 acres and is supported by ample parking with room for expansion. The property includes a full commercial kitchen and can be subdivided to support multiple configurations and uses.
The tenant-ready layout lends itself to a range of occupancy types, including retail or office applications, as well as event or community-oriented concepts. The kitchen provides functionality for operators requiring food service capabilities.
If you’re evaluating a flexible facility with parking and interior subdivision potential, this building offers an adaptable footprint with core improvements already in place.
The tenant-ready layout lends itself to a range of occupancy types, including retail or office applications, as well as event or community-oriented concepts. The kitchen provides functionality for operators requiring food service capabilities.
If you’re evaluating a flexible facility with parking and interior subdivision potential, this building offers an adaptable footprint with core improvements already in place.
Key Highlights
- 7,500‑SF freestanding, single‑story building
- Set on ±1.5 acres with ample parking and room for expansion
- Includes a full commercial kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,521
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,510,420
$1.5M
Cap Rate 7%
$1,078,871
$1.1M
Cap Rate 9%
$839,122
$839.1K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$112.5K $15.00/SF
− Vacancy
−$4.6K −$0.61/SF
EGI
$107.9K $14.39/SF
− OpEx
−$32.4K −$4.32/SF
NOI
$75.5K $10.07/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,510,420
Cap Rate 7%
$1,078,871
Cap Rate 9%
$839,122
Alternative Uses
Best Use
Retail
$1.08M
$944.0K – $1.26M
NOI $75,521 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $141,000 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Explore this area
Business Placement
Demographics for 29072, SC
65,060
Population
26,951
Households
2.4
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
68.0 sq mi
ZIP Area
957
Density / Sq Mi
$103,415
Median Household Income
$55,500
Median Earnings
$1,317
Median Rent
$304,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Single-story freestanding building with a full commercial kitchen, ample parking, and subdivision potential for multiple uses.
Where is this retail space located?
The property is located at 200 Wise Ferry Rd Lexington, SC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7,500‑SF freestanding, single‑story building; Set on ±1.5 acres with ample parking and room for expansion; Includes a full commercial kitchen
