Commercial Land with Gutted
For Sale
$105,000
2805 LEAPHART Road, West Columbia, SC 29169
Existing improvements are cleared for renovation and interior reconfiguration.
Property Size806 SF
Days on Market50
Property Features for 2805 LEAPHART Road
General Information
Standard status
Active
Size
806 SF
Property subtype
Commercial
Building Details
Building Size
806 SF
Year Built
1962
Listing Agency:
Keller Williams Preferred
Listed By:
Nicole Stallworth
(803) 602-6500
Source:
Svrealty
Added: Sep 6
Changed: Oct 24
Last Checked: Oct 24 at 10:57PM
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 Keller Williams Preferred
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 commercial land offering includes an existing building with the interior fully removed, creating a clear starting point for redevelopment and new buildout planning. The structure dates to 1962 and is being conveyed as-is.
The property is located at 2805 Leaphart Rd in West Columbia, South Carolina. Interior customization can accommodate a future commercial layout, finishes, and business requirements, subject to applicable zoning, permits, utilities, and building requirements. Buyers should complete their own due diligence before proceeding.
The property is located at 2805 Leaphart Rd in West Columbia, South Carolina. Interior customization can accommodate a future commercial layout, finishes, and business requirements, subject to applicable zoning, permits, utilities, and building requirements. Buyers should complete their own due diligence before proceeding.
Key Highlights
- Existing building with fully gutted interior
- 1962 construction year
- Property sold as‑is at 2805 Leaphart Rd, West Columbia, SC 29169
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,116
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,320
$162.3K
Cap Rate 7%
$115,943
$115.9K
Cap Rate 9%
$90,178
$90.2K
Market Conditions
NOI Build-Up for 806 SF
Gross rent
$12.1K $15.00/SF
− Vacancy
−$496 −$0.61/SF
EGI
$11.6K $14.39/SF
− OpEx
−$3.5K −$4.32/SF
NOI
$8.1K $10.07/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,320
Cap Rate 7%
$115,943
Cap Rate 9%
$90,178
Alternative Uses
Best Use
Retail
$115.9K
$101.5K – $135.3K
NOI $8,116 @ 7.0% cap · market cap 7.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.5K
$189.4K – $252.6K
NOI $15,153 @ 7.0% cap · market cap 14.43%
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
230
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Rockler Woodworking & Hardware
Home Improvements & Furnishings
1,268 visits/mo
0.4 miles
Ferguson
Home Improvements & Furnishings
512 visits/mo
0.5 miles
Demographics for 29169, SC
22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - Existing improvements are cleared for renovation and interior reconfiguration.
Where is this commercial land located?
The property is located at 2805 LEAPHART Road West Columbia, SC.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Existing building with fully gutted interior; 1962 construction year; Property sold as‑is at 2805 Leaphart Rd, West Columbia, SC 29169
