FREQUENTLY ASKED
REAL ESTATE INVESTING:
CAYCE ANSWERS.
The questions that actually come up about real estate investing in Cayce.
What Cayce is actually like
Cayce is a riverfront city between West Columbia and the airport in Lexington County, anchored by the Cayce Riverwalk, the Columbia Metropolitan Airport corridor and 12,000 Year History Park.
Cayce sits on infrastructure. A utility headquarters, a major rail classification yard and the airport corridor give a small city an employment base far larger than its population would suggest. The riverfront and the Knox Abbott corridor are drawing investment that a city this size would not normally attract, largely because the land is close in and was cheap for a long time.
Old Cayce comps are tight and block-specific. Two streets apart can be two different markets, so pull comps narrowly here.
If this was useful, Ben Lovro's main site goes deeper.
More for Cayce
The rest of the Cayce material
The full market read for this area is on the Cayce, SC site. The deeper treatment of real estate investing is on the topic site.
Frequently asked
Questions people actually ask
Do you work in Cayce?
Yes. Cayce and the rest of Lexington County are inside the regular footprint, along with much of South Carolina.
What do Cayce properties usually need?
The recurring items here are original galvanized plumbing, 60-amp and 100-amp panels, asbestos-containing floor tile and siding in mid-century stock, and crawlspaces that need encapsulation.
Who rents in Cayce?
Airport and logistics workers, young professionals priced out of the vista Shift schedules rule. Utility, rail and airport work all run outside normal business hours, which means the local labor pool is available at unusual times and unavailable at the times retailers want.
How should I pull comps?
Same submarket, same property type, similar size and condition, most recent first. In Cayce the submarkets — Old Cayce, Granby, Avenues and State Street — do not trade alike, so resist widening the radius until the number looks right.
Do I need a licence to invest?
Buying and selling property you control as a principal generally does not require one. Brokering for others does. Ask a South Carolina attorney if you are unsure.
Is Cayce a good first market?
Cayce sits on infrastructure. A utility headquarters, a major rail classification yard and the airport corridor give a small city an employment base far larger than its population would suggest. The best first market is the one you can physically visit and where you know a contractor. Proximity beats theory.
Make your next move
A year from now, what will you be glad you started today?
You don't need another promise that everything will be easy. You need something useful to learn — and a next step you're willing to take.