Oakland Avenue Office For
1032 Oakland Ave Rock Hill, SC 29732
1032 Oakland Ave, Rock Hill, SC, 29732
$375,000
For Sale
$375,000
1,457 SF office building near Winthrop University.
Property Size1,457 SF
Price / SF$257.38
Days on Market242
Property Features for 1032 Oakland Ave
General Information
- Standard status
- Active
- Size
- 1,457 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing Agency
Southern Commercial Real Estate, LLC
(803) 322-7228
Listed by
Randy Graham · License #11640
(803) 322-7228
Source
Svn-scre
Added: Nov 21, 2025 Updated: Jul 6 at 8:36 am Checked: Jul 19 at 4:08 am
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 Southern Commercial Real Estate, LLC
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
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
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
Similar For Sale Nearby
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.
