Building Details

Floors in Building 1

Listing Agency: ERA Wilder Realty · ERA Real Estate e***@erawilderrealty.com Show Phone

Listed By: Mark Woody · License #86952 Show Phone

Added: Sep 1 Changed: Oct 2 Last Checked: Oct 18 at 7:06AM

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MLS# 642177

Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This office property includes a 1,000-square-foot building on a 0.44-acre parcel. The improvements are described as suitable for office or small-business use, with on-site parking and room on the site for future expansion. Commercial zoning supports the property’s existing commercial profile.

The parcel is located on Airport Boulevard in Cayce, South Carolina, within Lexington County. Its address is 1771 Airport Boulevard, Cayce, SC 29033. The combination of an existing office-scale building, parking, and additional land provides a straightforward commercial setup for an owner-user or small business.

Key Highlights

• 1,000‑square‑foot building included
• 0.44‑acre commercial parcel
• Located on Airport Boulevard in Cayce, SC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,408

Cap Rate

5.36%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$268,160 $268.2K

Cap Rate 7%

$191,543 $191.5K

Cap Rate 9%

$148,978 $149.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,000 SF

Gross rent

$19.1K $19.08/SF

− Vacancy

−$1.2K −$1.20/SF

EGI

$17.9K $17.88/SF

− OpEx

−$4.5K −$4.47/SF

NOI

$13.4K $13.41/SF

Area

Lexington County, SC

Vacancy

6.30%

Lease Rate

$19.08 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$268,160

Cap Rate 7%

$191,543

Cap Rate 9%

$148,978

Alternative Uses

Best Use

Office B

$191.5K

$167.6K – $223.5K (±1% cap)

NOI $13,408 @ 7.0% cap · market cap 5.36%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$268.6K

$235.0K – $313.3K (±1% cap)

NOI $18,800 @ 7.0% cap · market cap 7.52%

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

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

357

Businesses Nearby

Explore this area Business Placement

Demographics for 29033, SC

12,575

Population

6,873

Households

1.8

Avg Household Size

36

Median Age

31%

College-Educated

94%

High-School Grad

10.0 sq mi

ZIP Area

1,258

Density / Sq Mi

$57,524

Median Household Income

$37,629

Median Earnings

$1,342

Median Rent

$156,400

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

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Frequently Asked Questions

What type of property is this?

Office units - Compact office building with commercial zoning, on-site parking, and additional land area.

Where is this office units located?

The property is located at 1771 Airport Boulevard Cayce, SC.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: 1,000‑square‑foot building included; 0.44‑acre commercial parcel; Located on Airport Boulevard in Cayce, SC