Oakland Avenue Office For Sale

1032 Oakland Ave Rock Hill, SC 29732

Claim this Listing
For Sale
$375,000

1,457 SF office building near Winthrop University.

Type:Office
Property size:
1,457 SF
Price / SF:
$257/SF
Added:
Nov 21, 2025
Days on Market:
232
Last Refresh:
May 9 at 1:13 am

Property Features for 1032 Oakland Ave

General Information

Standard status
Active
Size
1,457 SF
Property subtype
Office

Building Details

Year Built
1981

Listing office SVN | Southern Commercial

Listing date Nov 21, 2025

Source Svn-scre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SVN | Southern Commercial


Investment Insights

Based on property information with market context.

This 1,457 square foot office building, constructed in 1981, is located along the historic Oakland Avenue Corridor, one block from Winthrop University. The property is zoned GC and consists of a single unit.

Key Highlights

  • Prime Location: Situated along the historic Oakland Avenue Corridor and just one block from Winthrop University.
  • Well‑Located Office: Ideal for businesses seeking a prominent and accessible location.
  • 1,457 SF Office Building: Offers a functional and manageable space for various business operations.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.6k $18.96
− Vacancy −$1.7k −$1.19
EGI $25.9k $17.77
− OpEx −$6.5k −$4.44
NOI $19.4k $13.32
1,457 SF · lease $18.96/SF/yr · vacancy 6.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$277.3K
$242.7K – $323.6K (±1% cap)
NOI $19,413 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$342.6K
$299.8K – $399.7K (±1% cap)
NOI $23,984 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Melton Insurance, a CIIG ... Insurance Agency

Suggested Use

Big Box & Wholesale Store HVAC Service Storage Facility Electrical Service Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 1,457 SF office building near Winthrop University.
Where is this office building located?
The property is located at 1032 Oakland Ave Rock Hill, SC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime Location: Situated along the historic Oakland Avenue Corridor and just one block from Winthrop University.; Well‑Located Office: Ideal for businesses seeking a prominent and accessible location.; 1,457 SF Office Building: Offers a functional and manageable space for various business operations.
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