Building Details

Building Size 9,400 SF

Listing Agency: Trinity Partners | Columbia

Listed By: Nick Stomski, SIOR Show Phone

Source: Trinity-partners

Added: Aug 23 Changed: Oct 7 Last Checked: Oct 12 at 5:17PM

Report an Issue

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 Trinity Partners | Columbia

Investment Insights

Based on property information with market context.

This flex property combines approximately 9,400 SF of improvements with a showroom and office area of approximately 3,200 SF and a warehouse measuring approximately 6,000 SF. The warehouse features oversized 14-foot drive-in doors, a 24-foot eave height, and clear-span construction. Covered outdoor storage and a secured yard extend the usable operating area, with approximately 4 acres encompassing the building pad and parking areas.

The property has 100% secured yard coverage and two points of entry. It is positioned at I-20 and Spears Creek Church Road in Elgin, South Carolina, providing direct access to a major interstate corridor. LI, or Light Industrial, zoning is in place.

Key Highlights

• ±9,400 SF total, including ±3,200 SF showroom/office and ±6,000 SF warehouse
• Warehouse includes oversized 14' drive‑in doors and 24' eave height
• Clear span construction with covered outdoor storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$139,362

Cap Rate

6.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,787,240 $2.8M

Cap Rate 7%

$1,990,886 $2.0M

Cap Rate 9%

$1,548,467 $1.5M

Market Conditions

NOI Build-Up for 9,400 SF

Gross rent

$172.6K $18.36/SF

− Vacancy

−$8.6K −$0.92/SF

EGI

$164.0K $17.44/SF

− OpEx

−$24.6K −$2.62/SF

NOI

$139.4K $14.83/SF

Area

Kershaw County, SC

Vacancy

5.00%

Lease Rate

$18.36 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,787,240

Cap Rate 7%

$1,990,886

Cap Rate 9%

$1,548,467

Alternative Uses

Best Use

Warehouse

$1.99M

$1.74M – $2.32M (±1% cap)

NOI $139,362 @ 7.0% cap · market cap 6.33%

Second Best

Retail

$1.91M

$1.67M – $2.23M (±1% cap)

NOI $133,600 @ 7.0% cap · market cap 6.07%

Theoretical Best

Office A

$2.31M

$2.03M – $2.70M (±1% cap)

NOI $162,026 @ 7.0% cap · market cap 7.36%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Ferguson Waterworks Water Works Equipment Supplier

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Dental Office Skin Care Clinic Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 29045, SC

27,723

Population

11,643

Households

2.4

Avg Household Size

38

Median Age

32%

College-Educated

92%

High-School Grad

67.9 sq mi

ZIP Area

408

Density / Sq Mi

$80,627

Median Household Income

$44,018

Median Earnings

$1,318

Median Rent

$241,200

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Convenience Store with 16 Fuel Positions

809 White Pond Rd, Elgin, SC 29045

Contact for pricing

4,824 SF

View details

Single-Tenant Retail Building

190 PONTIAC BUSINESS CTR DR, Elgin, SC

Contact for pricing

45,488 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Showroom, office, warehouse, and covered outdoor storage support varied commercial operations.

Where is this flex space located?

The property is located at 166 Pontiac Business Center Drive Elgin, SC.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: ±9,400 SF total, including ±3,200 SF showroom/office and ±6,000 SF warehouse; Warehouse includes oversized 14' drive‑in doors and 24' eave height; Clear span construction with covered outdoor storage