Versatile Retail/Office with Repair
For Sale
Contact for pricing
4166 N Rd, Orangeburg, SC
Retail/office space with repair shop and ample outdoor space.
Property Size1,990 SF
Lot Size0.87 Acres
Price / SF$95.43
Days on Market280
Property Features for 4166 N Rd
General Information
Standard status
Active
Size
1,990 SF
Lot size
0.87 Acres
Property subtype
RETAIL
Listing Agency:
ERA Wilder Realty Inc. - Columbia
(803) 312-1908
Listed By:
David Brock · License #58004
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 30 at 10:34PM
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 Inc. - Columbia
Investment Insights
Based on property information with market context.
This 1,990 square foot building features retail and office space in the front, complemented by a repair shop in the rear. The repair shop includes double doors, providing access for small machinery. The property is situated on a 0.87-acre lot and includes a 1,116 square foot pole barn. A perimeter fence secures the premises. The property offers excellent visibility and accessibility, making it suitable for versatile business operations. It blends retail, office, and light industrial capabilities, with ample outdoor space to meet diverse business needs.
Key Highlights
- Versatile space suitable for retail, office, and light industrial use
- Large 0.87‑acre lot with ample outdoor space
- Includes a 1,116 SF pole barn for additional storage or workspace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,768
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,360
$235.4K
Cap Rate 7%
$168,114
$168.1K
Cap Rate 9%
$130,756
$130.8K
Market Conditions
NOI Build-Up for 1,990 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$19.1K $9.60/SF
− Vacancy
−$2.3K −$1.15/SF
EGI
$16.8K $8.45/SF
− OpEx
−$5.0K −$2.53/SF
NOI
$11.8K $5.91/SF
Area
Orangeburg County, SC
Vacancy
12.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$235,360
Cap Rate 7%
$168,114
Cap Rate 9%
$130,756
Alternative Uses
Best Use
Retail
$168.1K
$147.1K – $196.1K
NOI $11,768 @ 7.0% cap · market cap 6.20%
Second Best
Industrial
$118.2K
$103.4K – $137.9K
NOI $8,274 @ 7.0% cap · market cap 4.36%
Theoretical Best
Specialty Retail
$288.3K
$252.3K – $336.4K
NOI $20,181 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail/office space with repair shop and ample outdoor space.
Where is this retail space located?
The property is located at 4166 N Rd Orangeburg, SC.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Versatile space suitable for retail, office, and light industrial use; Large 0.87‑acre lot with ample outdoor space; Includes a 1,116 SF pole barn for additional storage or workspace
