Flex Space with Heated
For Sale
$650,000
2029 Platt Springs Road, West Columbia, SC 29169
C-2 General Commercial zoning accommodates retail, office, service, and automotive uses.
Property Size3,142 SF
Lot Size0.36 Acres
Price / SF$206.87
Days on Market104
Property Features for 2029 Platt Springs Road
General Information
Standard status
Active
Size
3,142 SF
Lot size
0.36 Acres
Property subtype
Commercial
Zoning
C-2
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
Multiple private offices
reception/work areas
two restrooms
excellent natural light
extensive paved parking and vehicle-display area
one overhead door
illuminated freestanding sign
public water/sewer
natural gas
two HVAC units (~5 years old)
Building Details
Building Size
3,142 SF
Year Built
1970
Buildings
2
Listing Agency:
Southern Visions Realty I LLC
Listed By:
Angela Cash · License #133081
(803) 957-5566
Source:
Svrealty
Added: Jul 6
Changed: Oct 16
Last Checked: Oct 16 at 2:17PM
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 Southern Visions Realty I LLC
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Investment Insights
Based on property information with market context.
This flex property pairs a front office and showroom with a separate heated metal shop at the rear. The 3,142-square-foot building sits on 0.36 acres and includes private offices, reception and work areas, two restrooms, and natural light. A single overhead door serves the shop, while paved areas provide parking and space for vehicle display. The property was built in 1970.
At the signalized intersection of Platt Springs Road and Zeigler Road in West Columbia, the site has public water and sewer, natural gas, and two HVAC units approximately five years old. An illuminated freestanding sign is also on the property.
At the signalized intersection of Platt Springs Road and Zeigler Road in West Columbia, the site has public water and sewer, natural gas, and two HVAC units approximately five years old. An illuminated freestanding sign is also on the property.
Key Highlights
- 3,142 SF building on 0.36 acres
- Front office and showroom with a separate heated metal shop
- C‑2 General Commercial zoning supports retail, office, service, and automotive uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,638
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$632,760
$632.8K
Cap Rate 7%
$451,971
$452.0K
Cap Rate 9%
$351,533
$351.5K
Market Conditions
NOI Build-Up for 3,142 SF
Gross rent
$47.1K $15.00/SF
− Vacancy
−$1.9K −$0.61/SF
EGI
$45.2K $14.39/SF
− OpEx
−$13.6K −$4.32/SF
NOI
$31.6K $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%
$632,760
Cap Rate 7%
$451,971
Cap Rate 9%
$351,533
Alternative Uses
Best Use
Retail
$452.0K
$395.5K – $527.3K
NOI $31,638 @ 7.0% cap · market cap 4.87%
Second Best
Industrial
$277.6K
$242.9K – $323.9K
NOI $19,432 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$843.8K
$738.4K – $984.5K
NOI $59,069 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29169, SC
22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Carolina Elite Bar Services, LLC — 105 Weeping Oak Ln, West Columbia, SC 29169
Frequently Asked Questions
What type of property is this?
Flex space - C-2 General Commercial zoning accommodates retail, office, service, and automotive uses.
Where is this flex space located?
The property is located at 2029 Platt Springs Road West Columbia, SC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,142 SF building on 0.36 acres; Front office and showroom with a separate heated metal shop; C‑2 General Commercial zoning supports retail, office, service, and automotive uses
