Former Auto Body Shop
For Sale
Contact for pricing
407 Taylor St, West Columbia, SC 29169
1,500 SF versatile space, ideal for automotive businesses.
Property Size1,500 SF
Price / SF$120
Days on Market701
Property Features for 407 Taylor St
General Information
Standard status
Active
Size
1,500 SF
Class
C
Property subtype
Industrial, Mixed Use, Retail
Zoning
RD
Investment Type
Owner/User
Building Details
Year Built
1985
Buildings
1
Stories
1
Listing Agency:
ERA Wilder Realty
Listed By:
David Brock · License #SC 58004
(803) 728-8400
Source:
Crexi
Added: Nov 11, 2024
Changed: Oct 1
Last Checked: Oct 12 at 5:43PM
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 ERA Wilder Realty
Investment Insights
Based on property information with market context.
This is a 1,500 square foot commercial property formerly used as an auto body shop. The property includes four bays, a wash room, and a paint room. An office space and a carport are also present. Water and sewer connections are available. The property is suitable for automotive or other service-based businesses.
Key Highlights
- 1,500 SF former auto body shop suitable for automotive or other service‑based businesses.
- Features four spacious bays, including dedicated wash room and paint room areas.
- Includes office space for administrative needs.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,104
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,080
$302.1K
Cap Rate 7%
$215,771
$215.8K
Cap Rate 9%
$167,822
$167.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$922 −$0.61/SF
EGI
$21.6K $14.39/SF
− OpEx
−$6.5K −$4.32/SF
NOI
$15.1K $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%
$302,080
Cap Rate 7%
$215,771
Cap Rate 9%
$167,822
Alternative Uses
Best Use
Retail
$215.8K
$188.8K – $251.7K
NOI $15,104 @ 7.0% cap · market cap 8.39%
Second Best
Industrial
$132.5K
$116.0K – $154.6K
NOI $9,277 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$402.9K
$352.5K – $470.0K
NOI $28,200 @ 7.0% cap · market cap 15.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
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Similar Off Market Nearby
- Southern Kreations LLC — 2432 Leaphart Rd, West Columbia, SC 29169
- Queen's Customs — 2432 Leaphart Rd, West Columbia, SC 29169
- Joe's Auto Repair — 2807 Leaphart Rd, West Columbia, SC 29169
- Road-1 Inc — 816 Chris Dr, West Columbia, SC 29169
- The Twisted Wrapper — 1060 Chris Dr Suite E, West Columbia, SC 29169
Frequently Asked Questions
What type of property is this?
Auto shop - 1,500 SF versatile space, ideal for automotive businesses.
Where is this auto shop located?
The property is located at 407 Taylor St West Columbia, SC.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 1,500 SF former auto body shop suitable for automotive or other service‑based businesses.; Features **four spacious bays**, including dedicated wash room and paint room areas.; Includes office space for administrative needs.
