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34231284
34231307

2029 PLATT SPGS RD, WEST COLUMBIA, SC 29169-4401 For Sale

AC
SC 133081, SC 1330081
Southern Vision Real estate
Listed by Southern Vision Real estate
$650,000
11 days on market
Updated 10 days ago

2029 PLATT SPRINGS RD WEST COLUMBIA SC 29169-4401

Details
APN 005738-02-009
Property Type Retail, Industrial (+1)
Sub Type Auto Shop, Warehouse
Square Footage 5,677
Units 1
Cap Rate 6.46%
NOI $42,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 5
Year Built 1970
Buildings 2
Stories 1
Acreage 0.360
Zoning C2
Parking Spaces 30 spaces
Parking per 1,000 SqFt 5.28
Investment Type Value Add
Ground Lease No
Ceiling Height 15
Sale Condition 1031 exchange

Owner occupied-Corner Lot-Income Producing

Marketing description

Fully leased, Income producing property.

Located at the signalized intersection of Platt Springs Road and Zeigler Road in West Columbia. Excellent owner-user opportunity at the signalized corner of Platt Springs Road and Zeigler Road in West Columbia. The property includes approximately 3,142 SF of improvements on approximately 0.36 acre, featuring a front office/showroom building and a separate rear heated metal shop.

The office area offers multiple private offices, reception and work areas, two restrooms, and excellent natural light. Additional improvements include an extensive paved parking and vehicle-display area, one overhead door, an illuminated freestanding sign, public water and sewer, natural gas, and two HVAC units. C-2 General Commercial zoning supports a broad range of retail, office, service, and automotive uses, subject to governmental approval. Ideal for automotive sales or service, specialty retail, office/service headquarters, equipment rental, or another owner-user seeking prominent corner visibility and functional flex space.

Investment highlights

Investment Highlight:

Signalized corner commercial property with existing income, a 3,142 SF building, and approximately .36 acres of investment opportunity and additional land offering future expansion or redevelopment potential.

Other strong options:

  • Existing income with value-add potential through redevelopment or expansion.
  • Commercial frontage plus additional acreage creates multiple future use opportunities.
  • Signalized corner location with strong visibility, public utilities, and redevelopment upside.
  • Ideal owner-user or investment opportunity with current rental income and excess land.
  • Automotive/flex property with paved parking, signage, and additional development acreage.

Strong tenant lease, income producing. 6.5% cap rate

Listing Contacts

AC
SC 133081, SC 1330081
Southern Vision Real estate
Listed by Southern Vision Real estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$42,000.00
$3,500.00/mo

Valuation Metrics

0
DSCR
6.46%
Cap Rate
6.46%
ROI

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Additional Information

Name
Robby Wilkins
License
31087
Brokerage
Southern Visions Real Estate
Title
Broker of Record
Brokerage Address
955 Old Cherokee Road Lexington
Name
Angela Cash
License
133081
Brokerage
Southern Visions Realty
Brokerage Address
955 Old Cherokee Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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