971 Harbor DrWest Columbia, SC 29169
- Industrial properties
- 25,098 SF
Property Details for 971 Harbor Dr
- Year built
- 2000
- Lot size
- 1.85 AC
- Property size (Sq ft)
- 25,098 SF
- Zone code
- ID
- Property type
- Industrial properties
- Property subtype
- Other warehouses
- APN
- 004599-09-019
- APU
- 459909019
Description
This exceptional 28,000-square-foot warehouse, located at 971 Harbor Dr, West Columbia, SC 29169, presents a compelling investment opportunity. Built in 2000 and meticulously maintained, this single-tenant industrial building boasts a 6.26% cap rate and a strong net operating income (NOI) of $143,963. The property sits on a 1.85-acre lot and features nine dock-high doors and a 26-foot ceiling height, ideal for warehouse and distribution operations. Currently 100% occupied by Trane Technologies under a Net Lease (NNN) agreement, the tenant recently exercised a lease renewal option, ensuring a stable income stream. The property is zoned ID, allowing for a variety of industrial uses. Its prominent location on I-26 in West Columbia provides excellent visibility and accessibility. This is a secure investment opportunity in a thriving industrial real estate market. The asking price is $2,300,000. This property offers a rare combination of strong tenant occupancy, a favorable lease structure, and a high-yield return, making it an attractive addition to any investment portfolio.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,320,412
- Hospitality
- $3,957,474
- Educational
- $3,292,572
- Medical
- $3,405,809
- Retail
- $5,121,778
Location Insight
- City
- West Columbia
- County
- Lexington
- State
- South Carolina
- Latitude
- 33.9945
- Longitude
- -81.1089
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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