Flex Building Near
239 Swartz Road Lexington, SC 29072
New
239 Swartz Road, Lexington, SC, 29072
$650,000
For Sale
$650,000
Flex building totaling 5,337 SF available for sale off Hwy. 1 near downtown Lexington.
Property Size5,337 SF
Price / SF$121.79
Days on Market2
Property Features for 239 Swartz Road
General Information
- Standard status
- Active
- Size
- 5,337 SF
- Property subtype
- Industrial - Flex - Industrial
Listing agency
Trinity Partners - Columbia
(803) 422-5060
Listed by
Macon Lovelace, SIOR
Source
Commercialcafe
Added: Jul 20 Updated: Jul 21 at 5:40AM Checked: Jul 21 at 5:40AM
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 building offers 5,337 SF and is available for sale. The property is identified as flex space within the industrial/warehouse commercial real estate category.
Located off Hwy. 1 near downtown Lexington, SC, the site is positioned for convenient access to the surrounding area.
The offering is presented as a 5,337 SF flex building, suitable for a range of warehouse and flex-style uses consistent with the property’s stated classification.
Located off Hwy. 1 near downtown Lexington, SC, the site is positioned for convenient access to the surrounding area.
The offering is presented as a 5,337 SF flex building, suitable for a range of warehouse and flex-style uses consistent with the property’s stated classification.
Key Highlights
- Flex building totaling 5,337 SF available for sale
- Located off Hwy. 1 near downtown Lexington
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 | $50.6k | $9.48 |
| − Vacancy | −$3.4k | −$0.64 |
| EGI | $47.2k | $8.84 |
| − OpEx | −$7.1k | −$1.33 |
| NOI | $40.1k | $7.51 |
5,337 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$572.6K
$501.0K – $668.0K
NOI $40,081 @ 7.0% cap · market cap 6.17%
Second Best
Industrial
$471.5K
$412.6K – $550.1K
NOI $33,008 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,335 @ 7.0% cap · market cap 15.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
QEI Security & Technology
Security Service
Similar For Sale Nearby
Similar Off Market Nearby
- Alodia's Cucina Italiana — 101 W Main St #200, Lexington, SC 29072
FAQs
What type of property is this?
Flex space - Flex building totaling 5,337 SF available for sale off Hwy. 1 near downtown Lexington.
Where is this flex space located?
The property is located at 239 Swartz Road Lexington, 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: Flex building totaling 5,337 SF available for sale; Located off Hwy. 1 near downtown Lexington
