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Auto Shop with Laydown Yard
For Sale
$439,000

5671 West Oak Highway, Westminster, SC 29693

Corner-lot auto shop includes a fenced, gated laydown yard and multiple work structures with overhead crane and lifts.

Property Size6,600 SF
Days on Market162

Property Features for 5671 West Oak Highway

General Information

Standard status Active
Size 6,600 SF
Property subtype Industrial

Building Details

Building Size 6,600 SF
Listing Agency: McCoy Wright Commercial Real Estate
Listed By: Max Kinser · License #109810
Source: Mccoywright
Added: May 14 Changed: Oct 11 Last Checked: Oct 20 at 6:28PM

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 McCoy Wright Commercial Real Estate

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Investment Insights

Based on property information with market context.

The property at 5671 West Oak Highway includes a 6,000-square-foot shop building currently operating as an auto repair and sales office, along with fenced and gated laydown yard space. The main shop has separate bathroom facilities, heat and insulation, mezzanine storage, multiple work areas, and parts and tool cribs. Operational features include an overhead crane, 3 car lifts, and 16-foot clear height, plus 20’ x 14.75’ sliding barn doors. The building also includes a loading dock, covered outdoor storage, and both sales and back office areas.

Additional site improvements include a 24 x 36 pole barn enclosed on three sides and a 60 x 20 pole barn. There is covered outdoor storage associated with the 6,000-square-foot building and a larger fenced, gated yard that supports equipment and vehicle staging. The property is located on a corner lot with easy access to I-85, approximately 12 minutes away.

Section 1 of the shop building will need structural repair in the floor. The property also includes 200 Amp single-phase power on site.

Key Highlights

  • 1.6‑acre corner lot with a fenced and gated laydown yard plus covered outdoor storage
  • 6,000 SF shop building currently used for auto repair and sales office, with loading dock and sales/back office areas
  • Main shop offers a 16 ft clear height and an overhead crane, plus 3 car lifts and multiple work areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,852
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,040 $437.0K
Cap Rate 7%
$312,171 $312.2K
Cap Rate 9%
$242,800 $242.8K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$34.7K $5.26/SF
− Vacancy
−$3.5K −$0.53/SF
EGI
$31.2K $4.73/SF
− OpEx
−$9.4K −$1.42/SF
NOI
$21.9K $3.31/SF
Area
Oconee County, SC
Vacancy
10.08%
Lease Rate
$5.26 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,040
Cap Rate 7%
$312,171
Cap Rate 9%
$242,800

Alternative Uses

Best Use
Retail
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,166 @ 7.0% cap · market cap 18.26%
Second Best
Industrial
$312.2K
$273.2K – $364.2K (±1% cap)
NOI $21,852 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $115,974 @ 7.0% cap · market cap 26.42%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Auto Repair Shop Electrical Service Big Box & Wholesale Store Garden Center Grocery & Convenience Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29693, SC

14,614
Population
8,002
Households
1.8
Avg Household Size
45
Median Age
17%
College-Educated
83%
High-School Grad
173.4 sq mi
ZIP Area
84
Density / Sq Mi
$51,384
Median Household Income
$37,334
Median Earnings
$838
Median Rent
$168,600
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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Tri-State Mobile Repairs — 141 Chiefs Ln, Westminster, SC 29693

Frequently Asked Questions

What type of property is this?
Auto shop - Corner-lot auto shop includes a fenced, gated laydown yard and multiple work structures with overhead crane and lifts.
Where is this auto shop located?
The property is located at 5671 West Oak Highway Westminster, SC.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 1.6‑acre corner lot with a fenced and gated laydown yard plus covered outdoor storage; 6,000 SF shop building currently used for auto repair and sales office, with loading dock and sales/back office areas; Main shop offers a 16 ft clear height and an overhead crane, plus 3 car lifts and multiple work areas
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