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    Fully Occupied Office Building Title is generated by Realmo AI

    9367 Two Notch Rd, Columbia, SC

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    Office building with additional undeveloped lot for sale.

    Type:OFFICE
    Property size:
    10,000 SF
    Lot size:
    0.55 Acres
    Price / SF:
    $186/SF
    Added:
    Mar 10, 2025
    Days on Market:
    466
    Last Refresh:
    May 20 at 9:36 pm

    Property Features for 9367 Two Notch Rd

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    0.55 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Nick Stomski, SIOR

    Listing agent Nick Stomski, SIOR

    Listing office Trinity Partners | Columbia

    Listing date Mar 10, 2025

    Source Moodyscre

    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 Trinity Partners | Columbia

    HighLights

    • 8% cap rate
    • Fully occupied office building
    • ±10,000 SF office building on 1.06 acres
    • Includes ±0.51 acre undeveloped lot
    • Repairs and renovations completed in 2021
    • Constructed in 1988

    Overview

    The property features a fully occupied office building with a size of approximately 10,000 square feet, situated on 1.06 acres. Constructed in 1988, the building underwent repairs and renovations in 2021. An adjacent undeveloped lot of approximately 0.51 acres is also included. The property is located in Columbia, SC.

    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 $192.0k $19.20
    − Vacancy −$33.6k −$3.36
    EGI $158.4k $15.84
    − OpEx −$39.6k −$3.96
    NOI $118.8k $11.88
    10,000 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.70M
    $1.49M – $1.98M (±1% cap)
    NOI $118,800 @ 7.0% cap · market cap 6.38%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,368 @ 7.0% cap · market cap 9.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Black Kandy Tattoo ... Tattoo & Piercing Shop Davenport Insurance Solutions, ... Insurance Agency Desi Therapy Alternative Medicine Practice Satin Ribbons Designs (Bike/Boat/Book/etc) Store mbs behavioral health ... Wellness Program

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -80.9192
    Latitude
    34.0993

    FAQs

    What type of property is this?
    Office building - Office building with additional undeveloped lot for sale.
    Where is this office building located?
    The property is located at 9367 Two Notch Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $1,862,500.
    What are key features of this property?
    This property features: 8% cap rate; Fully occupied office building; ±10,000 SF office building on 1.06 acres
    (803) 567-1447 Call to check price and availability
    More about this property
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