Automotive Repair
For Sale
Contact for pricing
151 Columbia Road, Winnsboro, SC 29180
Leased automotive repair facility with a metal building, secured yard, office entry, and multiple commercial access routes.
Property Size1,680 SF
Lot Size1.00 Acre
Price / SF$142.80
Days on Market33
Property Features for 151 Columbia Road
General Information
Standard status
Active
Size
1,680 SF
Class
C
Lot size
1.00 Acre
Property subtype
Retail, Industrial
Zoning
R1
Occupancy
100%
Investment Type
Stabilized
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Amenities
two overhead roll-up doors
office entry
fenced yard
Building Details
Year Built
2000
Buildings
1
Stories
1
Units
1
Tenancy
Single
Construction
metal
Listing Agency:
ERA Wilder Realty
(803) 728-8400
Listed By:
David Brock · License #SC 58004
Source:
Crexi
Added: Jul 30
Changed: Aug 23
Last Checked: Aug 29 at 4:54AM
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 ERA Wilder Realty
Investment Insights
Based on property information with market context.
This automotive repair property includes a 1,680-square-foot metal building completed in 2000. The facility is currently leased as an established automotive repair shop and includes an office entry, two overhead roll-up doors, a fenced yard, parking, and outdoor storage potential. The site encompasses approximately 1.0 acre and carries R1 zoning.
Access is provided from Columbia Road, identified as US Highway 321 Business, with connections to US Highway 321, SC Highway 34, and Interstate 77. The existing improvements and site layout support the current automotive use, while the source information also identifies potential applications for contractor, warehouse, light industrial, and other commercial operations.
Access is provided from Columbia Road, identified as US Highway 321 Business, with connections to US Highway 321, SC Highway 34, and Interstate 77. The existing improvements and site layout support the current automotive use, while the source information also identifies potential applications for contractor, warehouse, light industrial, and other commercial operations.
Key Highlights
- Approximately 1.0‑acre site with 1,680 SF metal building
- Currently leased as an established automotive repair shop
- Two overhead roll‑up doors and office entry
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,512
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$410,240
$410.2K
Cap Rate 7%
$293,029
$293.0K
Cap Rate 9%
$227,911
$227.9K
Market Conditions
NOI Build-Up for 1,680 SF
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.
Gross rent
$30.8K $18.36/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$29.3K $17.44/SF
− OpEx
−$8.8K −$5.23/SF
NOI
$20.5K $12.21/SF
Area
Fairfield County, SC
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$410,240
Cap Rate 7%
$293,029
Cap Rate 9%
$227,911
Alternative Uses
Best Use
Warehouse
$355.8K
$311.3K – $415.1K
NOI $24,907 @ 7.0% cap · market cap 10.38%
Second Best
Retail
$341.1K
$298.5K – $398.0K
NOI $23,878 @ 7.0% cap · market cap 9.95%
Theoretical Best
Office A
$413.7K
$362.0K – $482.6K
NOI $28,958 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29180, SC
12,445
Population
6,373
Households
2
Avg Household Size
48
Median Age
15%
College-Educated
84%
High-School Grad
307.8 sq mi
ZIP Area
40
Density / Sq Mi
$41,604
Median Household Income
$33,154
Median Earnings
$917
Median Rent
$113,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Silas Auto Shop — 115 Winter St, Winnsboro, SC 29180
- BT&Z Kustoms &Towing LLC — 921 Columbia Rd, Winnsboro, SC 29180
- R & C Automotive LLC — 665 Golf Course Rd, Winnsboro, SC 29180
- Leo's Discount Tires — 666 Columbia Rd, Winnsboro, SC 29180
- JC Tire Shop — 620 Columbia Rd, Winnsboro, SC 29180
Frequently Asked Questions
What type of property is this?
Auto shop - Leased automotive repair facility with a metal building, secured yard, office entry, and multiple commercial access routes.
Where is this auto shop located?
The property is located at 151 Columbia Road Winnsboro, SC.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Approximately 1.0‑acre site with 1,680 SF metal building; Currently leased as an established automotive repair shop; Two overhead roll‑up doors and office entry
