Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Airport Blvd, SC

    • Warehouses
    • 7,170 SF
    • 3.43 lot acres
    OFF-MARKET
    Last Sale
    Oct 15, 2024
    $760,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US77-2204503
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details

    Year built
    1975
    Lot size
    3.43 lot acres
    Property size
    7,170 SF
    Zone code
    M1
    Property type
    Warehouses
    APN
    005731-01-002
    APU
    573101002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Airport Blvd
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.0987
    Latitude
    33.9499
    CBSA code
    17900
    CBSA name
    COLUMBIA, SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $14,964
    $20,718
    $35,682
    -
    $249,400
    $345,299
    $594,699

    Comparable in this City

    • Value Estimation
      $85,000
      3,600 SF

      Bamberg Hwy, SC

      MINI-WAREHOUSE, STORAGE • 3,600 SF
      Bamberg Hwy, SC
      View Details
    • Value Estimation
      $1,830,000
      1,064 SF

      Us 276, SC

      MINI-WAREHOUSE, STORAGE • 1,064 SF
      Us 276, SC
      View Details
    • Value Estimation
      $410,000
      14,428 SF

      Frontage Rd, SC

      MINI-WAREHOUSE, STORAGE • 14,428 SF
      Frontage Rd, SC
      View Details
    • Value Estimation
      $3,170,000
      1.08 Acres

      Pelham St, SC

      MINI-WAREHOUSE, STORAGE • 1.08 Acres
      Pelham St, SC
      View Details
    • Value Estimation
      $225,000
      3,648 SF

      F

      MINI-WAREHOUSE, STORAGE • 3,648 SF
      F, Ave, SC
      View Details
    • Value Estimation
      $95,000
      890 SF

      1622 Highway

      MINI-WAREHOUSE, STORAGE • 890 SF
      1622 Highway, 50, SC
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      59,600 SF

      Leased Office, Lab, and Warehouse

      59,600 SF leased office, lab, warehouse with development land.
      2011 Broadbank Ct, Ridgeville, SC
      View Details
    • $500,000
      48,000 SF

      Large Warehouse with Office Space

      Warehouse with office space and income-producing workshop.
      100 Front St, Warrenville, SC
      View Details
    • $1,800,000
      101,158 SF

      Industrial Building Near I-95

      101,158 SF industrial building with renovated office space.
      3405 Allendale Fairfax Hwy, Allendale, SC
      View Details
    • Contact for pricing
      519,792 SF

      Proposed Industrial Building For Sale

      Proposed 519,792 SF industrial building, expandable up to 1,161,888 SF.
      201 Integrity Way, Gaston, SC
      View Details
    • Contact for pricing
      50,924 SF

      Rock Hill Industrial Space Available

      50,924 SF industrial space near I-77, Rock Hill, SC.
      2675 David Hutchison Rd, Rock Hill, SC
      View Details
    • Contact for pricing
      170,417 SF

      New Industrial Manufacturing Building

      Brand new 170,417 SF manufacturing building in Westminster, SC.
      365 Oconee Business Pkwy, Westminster, SC
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      676,000 SF

      Richburg Warehouse Space Available

      676,000 SF warehouse space for lease in Richburg, SC.
      9 Hwy, Richburg, SC
      View Details
    • $17,500 /Mo
      4,000 SF

      Industrial Space Near Port Terminal

      Industrial property with easy access to I-26 and port.
      2026 Meeting Street Rd, North Charleston, SC
      View Details
    • $10 SF/Yr
      4,000 SF

      Furnished Office and Warehouse Space

      Office and warehouse space with I-26 access.
      140 Crouch Commercial Ct, Irmo, SC
      View Details
    • Contact for pricing
      182,205 SF

      Rock Hill Industrial Distribution Warehouse

      Class-A industrial park near I-77 and Charlotte MSA.
      2083 Watson Wood Blvd, Rock Hill, SC
      View Details
    • Contact for pricing
      261,059 SF

      Rock Hill Industrial Distribution Space

      Class-A industrial space in Rock Hill, South Carolina.
      2081 Watson Wood Blvd, Rock Hill, SC
      View Details
    • Contact for pricing
      144,131 SF

      Class A Industrial Building

      Class A industrial building in Lakemont Business Center.
      517 Kings Rdg Dr, Fort Mill, SC
      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.
    Airport Blvd, SC
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.