Commercial Land with Gutted
For Sale
$105,000
2805 LEAPHART Road, West Columbia, SC 29169
COMMERCIAL/INDUSTRIAL, West Columbia, SC
Property Size806 SF
Lot Size0.28 Acres
Price / SF$130.27
Days on Market47
Property Features for 2805 LEAPHART Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
ID
Parking
2
Directions
HIGHWAY 1 TO LEAPHART RD.
Subdivision
Cayce/West Cola/Airport/S. Congaree
Standard status
Active
Size
806 SF
Lot size
0.28 Acres
Building Details
Floors in Building
1
Listing Agency:
Keller Williams Preferred · Keller Williams Realty
Listed By:
Nicole Stallworth
(803) 602-6500
Added: Sep 6
Changed: Oct 16
Last Checked: Oct 22 at 6:06PM
MLS# 642504
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 0.28-acre commercial land parcel includes an 806-square-foot building at 2805 Leaphart Road in West Columbia, SC. The interior has been fully gutted, leaving the structure cleared for renovation, layout changes, and new finishes based on the next owner's plans.
The property is zoned ID and is being sold as-is. Any proposed commercial use, building requirements, utilities, permits, and renovation scope should be evaluated through buyer due diligence. The site provides an existing building footprint and land component for a commercial redevelopment project in Lexington County.
The property is zoned ID and is being sold as-is. Any proposed commercial use, building requirements, utilities, permits, and renovation scope should be evaluated through buyer due diligence. The site provides an existing building footprint and land component for a commercial redevelopment project in Lexington County.
Key Highlights
- 0.28‑acre commercial land parcel
- 806‑square‑foot existing building
- Fully gutted interior cleared for renovation
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.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - ID-zoned commercial land includes a fully gutted building requiring renovation.
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: 0.28‑acre commercial land parcel; 806‑square‑foot existing building; Fully gutted interior cleared for renovation
