Commercial Real Estate Market in West Columbia, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
152 active listings and 2,038 off-market properties in West Columbia, SC. Commercial property asks $233/SF to buy and $14.18/SF/Yr to lease.
Market Trends
West Columbia, SC spans 70.0 square miles in Lexington County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in West Columbia, SC asks $180/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in West Columbia, SC asks $220/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in West Columbia, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in West Columbia, SC asks $156/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
West Columbia, SC has 66,720 residents in 31,723 households. Density runs 954 people per square mile. Median household income here is $62,000 and median gross rent $1,110 a month.
66,720
Population
31,723
Households
2.1
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
70 sq mi
ZIP Area
954
Density / Sq Mi
$62,000
Median Household Income
$39,238
Median Earnings
$1,110
Median Rent
$180,983
Median Home Value
Tools
Lease vs Buy Breakeven
At $14.18/SF/Yr lease vs $233/SF buy → buying wins if held > 4.9 years.
At a 6.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Congaree | — | — |
| Cayce | — | $9.08 |
| Cayce-West Columbia | — | — |
| Columbia | — | $17.89 |
Commercial property in West Columbia, SC asks $233/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Columbia?
Commercial property in West Columbia, SC asks an average of $233 per square foot. The 6 most recent recorded sales traded at a median of $76/SF, so asking sits 207% above the achieved median. Retail carries the highest asking price at $220/SF.
How much does it cost to lease commercial space in West Columbia?
Asking lease rates in West Columbia, SC average $14.18 per square foot per year.
Is it cheaper to lease or buy commercial space in West Columbia?
Buying beats leasing in West Columbia, SC if the property is held longer than 4.9 years, comparing $14.18/SF/Yr asking rent with $233/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's West Columbia market data come from?
Realmo compiles West Columbia, SC figures from 6 recent recorded sales, 96 active sale listings, 56 active lease listings, 2,038 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 96 active for-sale and 56 active for-lease listings in West Columbia, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
