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West Columbia Industrial Flex Space

230 Ermine Rd West Columbia, SC

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7,500 SF industrial flex space on 0.71 acres.

Type:INDUSTRIAL
Property size:
7,500 SF
Lot size:
0.71 Acres
Price / SF:
$133.03/SF
Added:
Nov 25, 2025
Days on Market:
230
Last Refresh:
May 19 at 9:40 pm

Property Features for 230 Ermine Rd

General Information

Standard status
Active
Size
7,500 SF
Lot size
0.71 Acres
Property subtype
INDUSTRIAL

Listing office Colliers | Columbia

Listing date Nov 25, 2025

Source Moodyscre

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 Colliers | Columbia


Investment Insights

Based on property information with market context.

This property features approximately 7,500 square feet of total space situated on a lot of approximately 0.71 acres. Constructed in 1993 and renovated in 2017, the building includes two 12-foot by 10-foot grade-level doors. The interior provides a 16-foot clear height at the eave and 18 feet at the center. The building has insulated metal construction and fluorescent lighting. Utilities include Dominion Energy for electricity and Blue Granite Utility for water, and a septic system. The property is zoned for flexible industrial use within a service-heavy submarket.

Key Highlights

  • Flexible industrial zoning in a service‑heavy submarket
  • Renovated in 2017
  • Boasting ±7,500 SF total space on a ±0.71‑acre lot

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $71.1k $9.48
− Vacancy −$4.8k −$0.64
EGI $66.3k $8.84
− OpEx −$9.9k −$1.33
NOI $56.3k $7.51
7,500 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$804.6K
$704.1K – $938.8K (±1% cap)
NOI $56,325 @ 7.0% cap · market cap 5.65%
Second Best
Industrial
$662.7K
$579.8K – $773.1K (±1% cap)
NOI $46,386 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M (±1% cap)
NOI $141,000 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Nail Salon Hair Salon HVAC Service Kitchen & Bath Showroom Gym & Fitness Center Grocery & Convenience Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • My Portable Building — 3805 Augusta Rd, West Columbia, SC 29170
  • The Moving Squad — 3118 Augusta Rd, West Columbia, SC 29170

FAQs

What type of property is this?
Warehouse - 7,500 SF industrial flex space on 0.71 acres.
Where is this warehouse located?
The property is located at 230 Ermine Rd West Columbia, SC.
What is the asking price?
The asking price for this property is $997,700.
What are key features of this property?
This property features: Flexible industrial zoning in a service‑heavy submarket; Renovated in 2017; Boasting ±7,500 SF total space on a ±0.71‑acre lot
Contact an agent
(803) 351-5858 Call to check price and availability
More about this property
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