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    Columbia Office Building For Sale Title is generated by Realmo AI

    20 Surrey Ct, Columbia, SC

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    Office building with new electrical, roof, HVAC, and security.

    Type:OFFICE
    Property size:
    2,200 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $172/SF
    Added:
    Nov 12, 2024
    Days on Market:
    584
    Last Refresh:
    May 19 at 10:02 pm

    Property Features for 20 Surrey Ct

    General Information

    Standard status
    Active
    Size
    2,200 SF
    Lot size
    0.24 Acres
    Property subtype
    OFFICE

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    Listing Contact
    David Brock
    David Brock

    Listing agent David Brock License #58004

    Listing office ERA Wilder Realty Inc. - Columbia

    Listing date Nov 12, 2024

    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 ERA Wilder Realty Inc. - Columbia

    HighLights

    • New roof, HVAC, and electrical systems ensure peace of mind.
    • Full kitchen, great for entertaining.
    • Security system installed.
    • Climatized outside storage available.
    • Tempered glass throughout building.
    • Recessed LED lighting throughout.

    Overview

    This 2,200 square foot office building features new electrical, roof, and HVAC systems. The building is equipped with tempered glass throughout and recessed LED lighting. A full kitchen is included. The property also features a security system and climatized outside storage.

    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 $42.2k $19.20
    − Vacancy −$7.4k −$3.36
    EGI $34.8k $15.84
    − OpEx −$8.7k −$3.96
    NOI $26.1k $11.88
    2,200 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $373.4K
    $326.7K – $435.6K (±1% cap)
    NOI $26,136 @ 7.0% cap · market cap 6.88%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $541.7K
    $474.0K – $632.0K (±1% cap)
    NOI $37,921 @ 7.0% cap · market cap 9.98%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Noel Construction Landscaping South Carolina Dairy ... Association Or Organization Associated Services Landscaping

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.1675
    Latitude
    34.0623

    FAQs

    What type of property is this?
    Office building - Office building with new electrical, roof, HVAC, and security.
    Where is this office building located?
    The property is located at 20 Surrey Ct Columbia, SC.
    What is the asking price?
    The asking price for this property is $379,900.
    What are key features of this property?
    This property features: New roof, HVAC, and electrical systems ensure peace of mind.; Full kitchen, great for entertaining.; Security system installed.
    (803) 728-8400 Call to check price and availability
    More about this property
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