Industrial Property with Covered
3893 Edmund Highway West, Columbia, SC 29170
For Sale
New
$1,800,000
The site includes three-phase power and covered storage space.
Property Size12,142 SF
Lot Size2.96 Acres
Price / SF$148.25
Days on Market2
Property Features for 3893 Edmund Highway West
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Three-Phase Power
Building Details
Building Size
Listing Agency:
Wilson Kibler | Columbia
Listed By:
Julian Wilson, CCIM · License SC #57962
(803) 255-8626
Source:
Wilsonkibler
Added: Nov 12
Last Checked: Nov 12 at 2:14PM
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 Wilson Kibler | Columbia
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.
The industrial property contains approximately 12,142 SF of building area and a covered shed of approximately 6,000 SF. Three-phase power serves the property, which occupies approximately 2.96 acres.
Located in unincorporated Lexington County, the property sits across from CAE Airport.
Located in unincorporated Lexington County, the property sits across from CAE Airport.
Key Highlights
- Approximately 12,142 SF of building area
- Approximately 6,000 SF of covered shed space
- Approximately 2.96 acres in unincorporated Lexington County
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,247
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,964,940
$3.0M
Cap Rate 7%
$2,117,814
$2.1M
Cap Rate 9%
$1,647,189
$1.6M
Market Conditions
NOI Build-Up for 12,142 SF
Gross rent
$222.9K $18.36/SF
− Vacancy
−$11.1K −$0.92/SF
EGI
$211.8K $17.44/SF
− OpEx
−$63.5K −$5.23/SF
NOI
$148.2K $12.21/SF
Area
Columbia, SC
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,964,940
Cap Rate 7%
$2,117,814
Cap Rate 9%
$1,647,189
Alternative Uses
Best Use
Industrial
$2.12M
$1.85M – $2.47M
NOI $148,247 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.99M
$2.62M – $3.49M
NOI $209,289 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 29170, SC
22,422
Population
9,547
Households
2.3
Avg Household Size
39
Median Age
30%
College-Educated
92%
High-School Grad
24.5 sq mi
ZIP Area
915
Density / Sq Mi
$73,470
Median Household Income
$43,125
Median Earnings
$1,026
Median Rent
$191,100
Median Home Value
Market
Properties on Market for Industrial properties in Columbia
Vacancy Rate% for Industrial in Columbia, SC
Frequently Asked Questions
What type of property is this?
Industrial property - The site includes three-phase power and covered storage space.
Where is this industrial property located?
The property is located at 3893 Edmund Highway West Columbia, SC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Approximately 12,142 SF of building area; Approximately 6,000 SF of covered shed space; Approximately 2.96 acres in unincorporated Lexington County
