Flex Building with Secured
New
For Sale
$1,000,000
747 Meeting St, West Columbia, SC 29169
Fully conditioned space combines office, showroom, and warehouse areas with access from two streets.
Property Size9,114 SF
Price / SF$109.72
Days on Market2
Property Features for 747 Meeting St
General Information
Standard status
Active
Size
9,114 SF
Property subtype
Industrial
Zoning
C-2
Site & Location
Road Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Warehouse Space
4,893 SF
Office Build-Out
4,221 SF
Conditioned Warehouse
Yes
Building Details
Building Size
9,114 SF
Year Built
1975
Buildings
1
Listed By:
Peyton Bryant, CCIM, SIOR
(803) 917-7786
Source:
Trinity-partners
Added: Oct 16
Last Checked: Oct 16 at 2:24PM
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 Peyton Bryant, CCIM, SIOR
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Investment Insights
Based on property information with market context.
This 9,114-square-foot flex building, constructed in 1975, includes 4,221 square feet of office and showroom space alongside 4,893 square feet of warehouse area. The entire building is conditioned, and four roll-up doors serve the warehouse: two measuring 10 x 12 on the side and two measuring 8 x 10 at the rear. A secured, fenced area is located behind the building.
The property has full access from Meeting Street to Center Street and is zoned C-2 (General Commercial) in the City of West Columbia.
The property has full access from Meeting Street to Center Street and is zoned C-2 (General Commercial) in the City of West Columbia.
Key Highlights
- 9,114‑square‑foot flex building
- 4,221 SF of office and showroom area; 4,893 SF of warehouse space
- Fully conditioned throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,447
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,368,940
$1.4M
Cap Rate 7%
$977,814
$977.8K
Cap Rate 9%
$760,522
$760.5K
Market Conditions
NOI Build-Up for 9,114 SF
Gross rent
$86.4K $9.48/SF
− Vacancy
−$5.9K −$0.64/SF
EGI
$80.5K $8.84/SF
− OpEx
−$12.1K −$1.33/SF
NOI
$68.4K $7.51/SF
Area
Lexington County, SC
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,368,940
Cap Rate 7%
$977,814
Cap Rate 9%
$760,522
Alternative Uses
Best Use
Warehouse
$977.8K
$855.6K – $1.14M
NOI $68,447 @ 7.0% cap · market cap 6.84%
Second Best
Industrial
$805.3K
$704.6K – $939.5K
NOI $56,368 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$2.45M
$2.14M – $2.86M
NOI $171,343 @ 7.0% cap · market cap 17.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
Under-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Agape Catering and Culinary — 1053 Center St, West Columbia, SC 29169
Frequently Asked Questions
What type of property is this?
Flex space - Fully conditioned space combines office, showroom, and warehouse areas with access from two streets.
Where is this flex space located?
The property is located at 747 Meeting St West Columbia, SC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 9,114‑square‑foot flex building; 4,221 SF of office and showroom area; 4,893 SF of warehouse space; Fully conditioned throughout
