Subdividable Office Suite in Business
111 Westpark Boulevard Columbia, SC 29210
111 Westpark Boulevard, Columbia, SC, 29210
$1,060,000
For Sale
$1,060,000
Executive office suite offers private meeting room, dedicated media room, and flexible layout for subdivision.
Property Size5,577 SF
Price / SF$190.07
Days on Market126
Property Features for 111 Westpark Boulevard
General Information
- Standard status
- Active
- Size
- 5,577 SF
- Property subtype
- Office - General Office
Listing agency
ROI Commercial
(803) 743-6529
Listed by
Jonah Burriss
Source
Commercialcafe
Added: Mar 18 Updated: Jul 21 at 6:43PM Checked: Jul 21 at 6:43PM
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 ROI Commercial
Investment Insights
Based on property information with market context.
Located in Westpark Business Park, this executive office space provides a private meeting room and a bathroom, along with seven additional private offices. The suite also includes a dedicated green screen/media room and a spacious conference room, supporting both client-facing and internal meeting needs.
Access is available via Fernandina Road and I-26, with Downtown Columbia located less than 10 minutes away. The property includes 21 on-site parking spaces, and additional land is available for overflow parking.
The interior layout allows the office to be subdivided into two separate suites, creating flexibility for different tenant configurations or future re-tenanting within the same space.
Access is available via Fernandina Road and I-26, with Downtown Columbia located less than 10 minutes away. The property includes 21 on-site parking spaces, and additional land is available for overflow parking.
The interior layout allows the office to be subdivided into two separate suites, creating flexibility for different tenant configurations or future re-tenanting within the same space.
Key Highlights
- 5,577 SF executive office space with private meeting room and bathroom
- Includes 7 additional private offices plus a spacious conference room
- Dedicated green screen/media room for production or presentation use
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 | $107.1k | $19.20 |
| − Vacancy | −$18.7k | −$3.36 |
| EGI | $88.3k | $15.84 |
| − OpEx | −$22.1k | −$3.96 |
| NOI | $66.3k | $11.88 |
5,577 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$946.5K
$828.2K – $1.10M
NOI $66,255 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,130 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
South Carolina State ...
Association / Organization
SC FAST
Association / Organization
Fire Rescue SC ...
Association Or Organization
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FAQs
What type of property is this?
Office units - Executive office suite offers private meeting room, dedicated media room, and flexible layout for subdivision.
Where is this office units located?
The property is located at 111 Westpark Boulevard Columbia, SC.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: 5,577 SF executive office space with private meeting room and bathroom; Includes 7 additional private offices plus a spacious conference room; Dedicated green screen/media room for production or presentation use
