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    2026 Assembly Street Columbia, SC 29201

    View on Map
    Sponsored
    Source: https://www.cbcworldwide.com
    For Lease
    $1,675 /Mo ($15 SF/Yr)

    2026 Assembly Street Office Space For Lease

    Lot size:
    1,265 SF

    Property Features for 2026 Assembly Street

    General Information

    Property type
    Office Units
    Lease Type
    Full Service
    RSF (Rentable sq. ft)
    1,265 SF
    USF (Usable sq. ft)
    1,265 SF
    Total Parking Spaces
    27
    Elevators
    N/A
    Total Rate
    1675

    Amenities

    Building Details

    Year Built
    1959
    Buildings
    1
    Stories
    2

    Overview

    Columbia Office Space For Lease

    Located at the corner of Elmwood Avenue and Assembly Street, this office space for lease is situated in the heart of Columbia’s CBD. Two suites are available, ranging from 310 to 1,265 square feet, and are offered as full-service leases. The location provides immediate access to I-126 and downtown Columbia, and is a short distance from I-26, I-77, and I-20. A conference area is available within the building. The property includes a rear parking lot with 27 spaces and easy building access. The location is near a variety of retail, dining, and entertainment options in downtown Columbia. The site sees over 50,000 vehicles per day. The building features a brick exterior and includes a courtyard. The lot size is under 1/2 acre and is partially fenced. The interior features wall-to-wall carpeting. The property is wheelchair accessible and pre-wired with a security system. City water and sewer services are provided. Suite 105 offers 1,265 square feet and is available immediately for $1,675 per month on a full-service lease. The lease term is negotiable, with a one-month security deposit required. The property offers city views and is located on a main thoroughfare, making it an ideal location for professional services.

    We can help!

    Listing Contact
    Scott Davis

    Learn more

    Property Insight Report

    HighLights

    • Suite 105 SQFT:1,265 Lease Type:Full Service Sublease:No Lease Rate:$1,675/mo Available: Immediately
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ratchford & May Law Firm The Law Office of Eddye ... Law Firm Kirkpatrick Tracey Law Firm Clifford Scott Law ... Law Firm Watkins Detective & Security Law Firm

    Suggested Use

    Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    State
    South Carolina
    Longitude
    -81.0224674
    Latitude
    33.9812146

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    FAQs

    What type of property is this?
    Office units - 2026 Assembly Street Office Space For Lease
    Where is this office units located?
    The property is located at 2026 Assembly Street Columbia, SC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features:
    (803) 730-2077
    Request Owner's contact information
    2026 Assembly Street Columbia, SC 29201
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    Columbia, SC 29201
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2026 Assembly Street Columbia, SC 29201
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    We can help!
    Listing Contact
    Scott Davis
    (803) 730-2077
    Learn more
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