West Columbia Mixed-Use
1101 Charleston Hwy West Columbia, SC 29169
1101 Charleston Hwy, West Columbia, SC, 29169
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For Sale
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Mixed-use investment property with office and industrial spaces for sale.
Property Size9,200 SF
Price / SF$86.96
Days on Market1219
Property Features for 1101 Charleston Hwy
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Industrial, Mixed Use, Office, Retail
Building Details
- Year Built
- 1970
Listing Agency
Coldwell Banker Commercial Realty
(803) 354-4061
Listed by
Scott Davis, CCIM · License #7905
Source
Crexi
Added: Mar 20, 2023 Updated: Jul 6 at 7:43 am Checked: Jul 20 at 4:50 am
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 Coldwell Banker Commercial Realty
Investment Insights
Based on property information with market context.
This mixed-use investment property is located in West Columbia and includes frontage on Charleston Highway. The property is currently used as office and industrial space. The location is in a rapidly growing area, as development progresses through West Columbia and Cayce. The property includes a commercial building with approximately 5,200 square feet of space, featuring upstairs office space. This office area contains 6 individual offices with individual leases. Behind this building is an industrial building with approximately 4,000 square feet of space, containing 5 bays occupied by the owner. The total property size is 9,200 square feet.
Key Highlights
- Mixed‑use property offering both office and industrial spaces.
- Value‑add investment opportunity in West Columbia.
- Located in a rapidly growing area.
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 | $87.2k | $9.48 |
| − Vacancy | −$5.9k | −$0.64 |
| EGI | $81.3k | $8.84 |
| − OpEx | −$12.2k | −$1.33 |
| NOI | $69.1k | $7.51 |
9,200 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.76M
$1.54M – $2.06M
NOI $123,358 @ 7.0% cap · market cap 15.42%
Second Best
Mixed Use
$1.36M
$1.19M – $1.59M
NOI $95,220 @ 7.0% cap · market cap 11.90%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,960 @ 7.0% cap · market cap 21.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use investment property with office and industrial spaces for sale.
Where is this mixed-use property located?
The property is located at 1101 Charleston Hwy West Columbia, SC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Mixed‑use property offering both office and industrial spaces.; Value‑add investment opportunity in West Columbia.; Located in a rapidly growing area.