Property profile

1868 Old Dunbar Rd Cayce, SC 29172

OFF-MARKET
Warehouses
Property ID
US77-0916877
23,845 SF 1.13 ac lot Built 1979
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 21,370-square-foot industrial warehouse, located at 1868 Old Dunbar Road in West Columbia, South Carolina, presents a compelling investment opportunity. Situated on approximately 1.12 acres in Lexington County (zip code 29172), this property boasts a desirable location and substantial features. Built in 1979 and extensively renovated in 2022, the warehouse offers a blend of classic structure and modern upgrades. The building features a clear-span design in each section, maximizing usable space and operational efficiency. A significant advantage is the inclusion of four loading docks, streamlining logistics and enhancing operational capabilities. Additionally, there's a convenient roll-up door and ample office space totaling approximately 2,600 square feet. The property benefits from three-phase power with a 400-amp main panel, ensuring sufficient electrical capacity for various industrial needs. Safety is prioritized with a fully sprinklered system throughout the building. The property is zoned ID (Intensive Development) within unincorporated Lexington County. The asking price for this well-maintained and strategically located warehouse is $1,575,000, translating to $73.70 per square foot. This represents a strong value proposition for investors seeking a high-quality industrial asset in a thriving South Carolina market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Total area 23,845 SF
Lot 1.13 ac (49,223 SF)
APN 006896-03-007
UPID US77-0916877

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1868 Old Dunbar Rd Cayce, SC 29172-1949
Cayce metro Census 20605 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$955k
Blend (final) Blend
$835k

Owner & transaction history

since 2022
Last sale
$890,000
3 recorded transactions
2022
$890,000
2011
$420,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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