Office Unit with Elevator
New
For Sale
Contact for pricing
203 West Main Street G3, Lexington, SC 29072
Building amenities include a conference room, kitchenette, waiting room, restrooms, and internet availability.
Property Size33 SF
Price / SF$2.97
Days on Market2
Property Features for 203 West Main Street G3
General Information
Standard status
Active
Size
33 SF
Elevators
Yes
Property subtype
Office
Amenities
conference room
break rooms/kitchenette
waiting room
restrooms
internet availability
Building Details
Building Size
33 SF
Year Built
2010
Listing Agency:
Southern Visions Realty I LLC
Listed By:
Stephanie Couch · License #64591
(803) 315-9926
Source:
Svrealty
Added: Oct 16
Last Checked: Oct 16 at 2:07PM
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
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 33-square-foot office unit is in a building constructed in 2010. Elevator access supports access to the suite, and internet is available. Building amenities include a conference room, break rooms with kitchenettes, a waiting room, and restrooms.
Key Highlights
- 33‑square‑foot office unit
- Elevator access to the office
- Building includes a conference room, break rooms with kitchenettes, a waiting room, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$442
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,840
$8.8K
Cap Rate 7%
$6,314
$6.3K
Cap Rate 9%
$4,911
$4.9K
Market Conditions
NOI Build-Up for 33 SF
Gross rent
$630 $19.08/SF
− Vacancy
−$40 −$1.20/SF
EGI
$590 $17.88/SF
− OpEx
−$147 −$4.47/SF
NOI
$442 $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%
$8,840
Cap Rate 7%
$6,314
Cap Rate 9%
$4,911
Alternative Uses
Best Use
Office B
$6.3K
$5.5K – $7.4K
NOI $442 @ 7.0% cap · market cap 451.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.9K
$7.8K – $10.3K
NOI $620 @ 7.0% cap · market cap 632.65%
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
Location Intelligence
Trade Area within ½ mile
1,499
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Building amenities include a conference room, kitchenette, waiting room, restrooms, and internet availability.
Where is this office units located?
The property is located at 203 West Main Street G3 Lexington, SC.
What are key features of this property?
This property features: 33‑square‑foot office unit; Elevator access to the office; Building includes a conference room, break rooms with kitchenettes, a waiting room, and restrooms
