Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    140 Mcswain Dr West Columbia, SC 29169
    Back to Search
    Property profile & analytics

    140 Mcswain Dr West Columbia, SC 29169

    View on Map
    • Land
    • 1.34 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 140 Mcswain Dr

    Lot size
    1.34 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1.34-acre commercial land parcel presents a prime development opportunity in West Columbia, South Carolina. Strategically located at 140 McSwain Drive, the property boasts over 230 feet of frontage and enjoys high traffic exposure due to its proximity to the intersection of US Highway 378 and I-26. Its advantageous position beside Lexington Medical Center and only five miles from Downtown Columbia ensures significant accessibility and visibility. The site is zoned C-3 Restricted Commercial by the City of West Columbia, offering flexibility for a variety of commercial or industrial uses. Utilities are readily available on-site, simplifying development plans. The property's Tax Map Number is 004597-01-004. This exceptional location, combined with its size and zoning, makes this a truly compelling investment opportunity. The asking price for this prime development site is $350,000. Don't miss this chance to acquire a highly visible and conveniently located property in a thriving South Carolina market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1105
    Latitude
    34.0074

    Comparable in this City

    • Value Estimation by Request

      2209 Augusta Rd

      Lifestyle centers
      2209 Augusta Rd, West Columbia, SC 29169
      View Details
    • Value Estimation by Request
      3.70 Acres

      Charleston Hwy

      Land • 3.70 Acres
      0 Charleston Hwy, West Columbia, SC 29169
      View Details
    • Value Estimation by Request

      2241 Augusta Rd

      Lifestyle centers
      2241 Augusta Rd, West Columbia, SC 29169
      View Details
    • Value Estimation by Request
      2.30 Acres

      Sunset Blvd

      Land • 2.30 Acres
      0 Sunset Blvd, West Columbia, SC 29169
      View Details
    • Value Estimation by Request
      5.00 Acres

      1645 Charleston Hwy

      Land • 5.00 Acres
      1645 Charleston Hwy, West Columbia, SC 29169
      View Details
    • Value Estimation by Request
      3.36 Acres

      Kitti Wake Dr

      Land • 3.36 Acres
      0 Kitti Wake Dr, West Columbia, SC 29169
      View Details

    Similar Nearby for Sale

    • $590,000
      3.22 Acres

      West Columbia Commercial Opportunity

      Commercial property near I-20 and I-26 in West Columbia.
      184 Lott Ct, West Columbia, SC 29169
      View Details
    • New
      $2,250,000
      57.93 Acres

      West Columbia 57.93-Acre Development Opportunity

      Prime 57.93-acre tract in West Columbia, SC, for development.
      Platt Spring Rd, West Columbia, SC 29169
      View Details
    • $485,000
      4,000 SF

      Prime West Columbia Office/Flex Space

      ±4,000 SF Office/Flex Building - $485K
      1205 D Ave, West Columbia, SC 29169
      View Details
    • Contact for pricing
      1,500 SF

      Former Auto Body Shop Space

      1,500 SF versatile space, ideal for automotive businesses.
      407 Taylor St, West Columbia, SC 29169
      View Details
    • Contact for pricing
      9,200 SF

      West Columbia Mixed-Use Investment

      Mixed-use investment property with office and industrial spaces for sale.
      1101 Charleston Hwy, West Columbia, SC 29169
      View Details
    • Contact for pricing
      41,877 SF

      West Columbia Industrial Warehouse For Sale

      41,877 SF industrial warehouse with convenient interstate access.
      2413 Leaphart Rd, West Columbia, SC 29169
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,662 SF

      West Columbia Office/Warehouse Space

      4,662 SF office and warehouse space for lease.
      1049 Sunset Blvd, West Columbia, SC 29169
      View Details
    • Contact for pricing
      6,500 SF

      West Columbia Flex/Industrial/Office Space

      Meticulously maintained flex/industrial/office space in West Columbia for lease.
      2 C Trotter Rd, West Columbia, SC 29169
      View Details
    • Contact for pricing
      5,350 SF

      Cayce Flex Space Available

      Class A incubator space with high visibility and easy access.
      1735 12Th St, Cayce, SC 29169
      View Details
    • $14 SF/Yr

      West Columbia Showroom/Office/Flex Space

      17,800 SF showroom/office/flex space available for sublease in West Columbia.
      100 Corporate Blvd, West Columbia, SC 29169
      View Details
    • $15 SF/Yr
      1,575 SF

      Flex Space Near Interstate Access

      Professional flex and light manufacturing space with convenient interstate access.
      101 Corporate Blvd, West Columbia, SC 29169
      View Details
    • $15 SF/Yr
      2,520 SF

      Flex Space Near Interstate I-26

      Professional flex and light manufacturing space with easy interstate access.
      104 Corporate Blvd, West Columbia, SC 29169
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    140 Mcswain Dr
    West Columbia, SC 29169
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    140 Mcswain Dr, West Columbia, SC, 29169
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!