Office/Warehouse Investment
454 Berryhill Rd Columbia, SC 29210
454 Berryhill Rd, Columbia, SC, 29210
Contact for pricing
For Sale
Contact for pricing
Fully leased office/warehouse space centrally located near major interstates.
Property Size12,043 SF
Price / SF$186.83
Days on Market979
Property Features for 454 Berryhill Rd
General Information
- Standard status
- Active
- Size
- 12,043 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing Agency
ERA Wilder Realty
(803) 728-8400
Listed by
David Brock · License #SC 58004
Source
Crexi
Added: Nov 10, 2023 Checked: Jul 15 at 9:43 pm
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 property offers a total of 12,043 square feet of office and warehouse space. The office area includes built-out office space, conference rooms, and a spacious common area. The warehouse features a 10-foot by 9-foot rollup door. The property is centrally located between I-26 and I-20.
Key Highlights
- Fully leased office/warehouse providing immediate investment income
- Strategic central location between I‑26 and I‑20 highways
- Features 12,043+/- SF of total space
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.1k | $18.36 |
| − Vacancy | −$11.1k | −$0.92 |
| EGI | $210.1k | $17.44 |
| − OpEx | −$31.5k | −$2.62 |
| NOI | $178.5k | $14.83 |
12,043 SF · lease $18.36/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.55M
$2.23M – $2.98M
NOI $178,546 @ 7.0% cap · market cap 7.94%
Second Best
Flex RnD
$2.13M
$1.87M – $2.49M
NOI $149,310 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$2.97M
$2.59M – $3.46M
NOI $207,583 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LifeHME
Production Facility
Jolly Insurance Agency, ...
Insurance Agency
Michele D. Miller, ...
Pharmacy
Catherine Epps, PharmD
Pharmacy
Pal-Med LLC
Medical Supply Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Fully leased office/warehouse space centrally located near major interstates.
Where is this flex space located?
The property is located at 454 Berryhill Rd Columbia, SC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Fully leased office/warehouse providing immediate investment income; Strategic central location between I‑26 and I‑20 highways; Features 12,043+/- SF of total space
