Flex Building with
243 Swartz Road Lexington, SC 29072
New
243 Swartz Road, Lexington, SC, 29072
$750,000
For Sale
$750,000
Flex building for sale with office and warehouse space, plus a dock well, drive-in doors, and a fenced laydown yard.
Property Size6,464 SF
Price / SF$116.03
Days on Market3
Property Features for 243 Swartz Road
General Information
- Standard status
- Active
- Size
- 6,464 SF
- Property subtype
- Industrial
Listing Agency
Trinity Partners | Columbia
(803) 422-5060
Listed by
Macon Lovelace, SIOR
(803) 422-5060
Source
Trinity-partners
Added: Jul 17 Checked: Jul 18 at 3:00 am
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 totals 6,464 SF and includes 1,500 SF of office space along with the remaining warehouse flex area. The property offers one dock well and two drive-in doors to support a mixed operational layout.
An exterior fenced-in laydown yard is included for equipment storage or material handling needs.
The combination of office space and warehouse flex improvements makes the building suitable for users seeking functional space for both administrative and operational activity in one facility.
An exterior fenced-in laydown yard is included for equipment storage or material handling needs.
The combination of office space and warehouse flex improvements makes the building suitable for users seeking functional space for both administrative and operational activity in one facility.
Key Highlights
- 6,464 SF flex building available for sale
- Includes 1,500 SF office space plus the balance warehouse flex space
- Warehouse has 1 dock well and 2 drive‑in doors
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 | $61.3k | $9.48 |
| − Vacancy | −$4.2k | −$0.64 |
| EGI | $57.1k | $8.84 |
| − OpEx | −$8.6k | −$1.33 |
| NOI | $48.5k | $7.51 |
6,464 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,672 @ 7.0% cap · market cap 11.56%
Second Best
Warehouse
$693.5K
$606.8K – $809.1K
NOI $48,545 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,523 @ 7.0% cap · market cap 16.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Stainless Fabricators Inc
Industrial Manufacturer
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 for sale with office and warehouse space, plus a dock well, drive-in doors, and a fenced laydown yard.
Where is this flex space located?
The property is located at 243 Swartz Road Lexington, SC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 6,464 SF flex building available for sale; Includes 1,500 SF office space plus the balance warehouse flex space; Warehouse has 1 dock well and 2 drive‑in doors
