Gated Flex Building with High-Bay
New
For Sale
$699,900
2468 N Lake Drive, Columbia, SC 29212
Finished interior space can support offices and a conference room or remain configured for owner quarters.
Property Size4,320 SF
Lot Size1.52 Acres
Days on Market3
Property Features for 2468 N Lake Drive
General Information
Standard status
Active
Size
4,320 SF
Lot size
1.52 Acres
Property subtype
Commercial
Zoning
D
Site & Location
Traffic Count
15,000 vehicles/day
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
14 ft
Office Build-Out
1,120 SF
Mezzanine
1,120 SF
Additional Details
Asking Price
$699,900
Amenities
covered porches
brick-paver patio
fire-pit area
greenhouse
outdoor shower
custom landscaping
mature hardwoods
private gated setting
Building Details
Building Size
4,320 SF
Year Built
2023
Buildings
1
Listing Agency:
Charis Real Estate Group
Listed By:
C Douglas Leonard
(803) 360-3782
Source:
Svrealty
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:03PM
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 Charis Real Estate Group
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Investment Insights
Based on property information with market context.
Built in 2023, this gated flex property occupies 1.52 acres and includes an approximately 2,080-square-foot shop. The building footprint is roughly 40' x 80', with a 52' x 40' area offering 14-foot clear height, three 12' x 12' overhead doors, a concrete slab, and a half bath. A 1,120-square-foot storage loft adds space for equipment or inventory. Separate finished space totals approximately 1,120 square feet and has two bedrooms, one full bath, an open layout, 9-foot ceilings, and three mini-splits. It may be configured as offices and a conference room or retained as owner quarters.
The property is at 2468 N Lake Drive in Columbia, within Lexington County, and has approximately 15,000 daily vehicles per SC DOT. Site features include a private well and septic system, covered porches, a brick-paver patio, a fire-pit area, a 10' x 16' greenhouse, and an outdoor shower served by a dedicated propane tankless heater. Mature hardwoods, custom landscaping, and usable land for staging or storage round out the site.
The property is at 2468 N Lake Drive in Columbia, within Lexington County, and has approximately 15,000 daily vehicles per SC DOT. Site features include a private well and septic system, covered porches, a brick-paver patio, a fire-pit area, a 10' x 16' greenhouse, and an outdoor shower served by a dedicated propane tankless heater. Mature hardwoods, custom landscaping, and usable land for staging or storage round out the site.
Key Highlights
- 2023‑built flex property on 1.52 acres with a private gated setting
- Shop measures approximately 2,080 square feet, with a 40' x 80' overall building footprint
- 52' x 40' area with 14‑foot clear height, three 12' x 12' overhead doors, concrete slab, and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,399
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,227,980
$1.2M
Cap Rate 7%
$877,129
$877.1K
Cap Rate 9%
$682,211
$682.2K
Market Conditions
NOI Build-Up for 4,320 SF
Gross rent
$93.3K $21.60/SF
− Vacancy
−$5.6K −$1.30/SF
EGI
$87.7K $20.30/SF
− OpEx
−$26.3K −$6.09/SF
NOI
$61.4K $14.21/SF
Area
Columbia, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,227,980
Cap Rate 7%
$877,129
Cap Rate 9%
$682,211
Alternative Uses
Best Use
Retail
$877.1K
$767.5K – $1.02M
NOI $61,399 @ 7.0% cap · market cap 8.77%
Second Best
Flex RnD
$765.1K
$669.5K – $892.7K
NOI $53,560 @ 7.0% cap · market cap 7.65%
Theoretical Best
Office A
$1.06M
$930.8K – $1.24M
NOI $74,463 @ 7.0% cap · market cap 10.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
15,000 VPD
Traffic count
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29212, SC
29,739
Population
13,374
Households
2.2
Avg Household Size
43
Median Age
46%
College-Educated
94%
High-School Grad
21.4 sq mi
ZIP Area
1,390
Density / Sq Mi
$74,652
Median Household Income
$45,221
Median Earnings
$1,359
Median Rent
$222,200
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 Columbia, SC
Frequently Asked Questions
What type of property is this?
Flex space - Finished interior space can support offices and a conference room or remain configured for owner quarters.
Where is this flex space located?
The property is located at 2468 N Lake Drive Columbia, SC.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 2023‑built flex property on 1.52 acres with a private gated setting; Shop measures approximately 2,080 square feet, with a 40' x 80' overall building footprint; 52' x 40' area with 14‑foot clear height, three 12' x 12' overhead doors, concrete slab, and half bath
