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Former Auto Body Shop Space

407 Taylor St West Columbia, SC 29169

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1,500 SF versatile space, ideal for automotive businesses.

Type:Industrial, Mixed Use, Retail
Property size:
1,500 SF
Price / SF:
$120/SF
Added:
Nov 11, 2024
Days on Market:
608
Last Refresh:
Jun 27 at 7:28 am

Property Features for 407 Taylor St

General Information

Standard status
Active
Size
1,500 SF
Property subtype
Industrial, Mixed Use, Retail

Building Details

Year Built
1985

Listing office ERA Wilder Realty

Listing date Nov 11, 2024

Source Crexi

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.

Local Financial Insights For Retail

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 $22.5k $15.00
− Vacancy −$922 −$0.61
EGI $21.6k $14.39
− OpEx −$6.5k −$4.32
NOI $15.1k $10.07
1,500 SF · lease $15.00/SF/yr · vacancy 4.10% · expense 30.00%

Alternative Uses

Best Use
Retail
$215.8K
$188.8K – $251.7K (±1% cap)
NOI $15,104 @ 7.0% cap · market cap 8.39%
Second Best
Industrial
$132.5K
$116.0K – $154.6K (±1% cap)
NOI $9,277 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$402.9K
$352.5K – $470.0K (±1% cap)
NOI $28,200 @ 7.0% cap · market cap 15.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Dental Office Parking Lot & Garage Garden Center Locksmith Catering Service Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Home Appliance Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Team USA Collision Centers — 1746 Airport Blvd, Cayce, SC 29033
  • Doug's Machine Shop — 2217 Platt Springs Rd Building B, West Columbia, SC 29169
  • Doc's Auto - E.R. — 2418 Platt Springs Rd, West Columbia, SC 29169
  • Gerber Commercial — 1746 Airport Blvd, Cayce, SC 29033
  • Glass America — 1746 Airport Blvd, Cayce, SC 29033

FAQs

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.
Contact an agent
(803) 728-8400 Call to check price and availability
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