Dental Office Building with Exam
For Sale
$1,200,000
1466 Columbia Highway, Aiken, SC 29801
Brick dental office on a 0.82-acre lot with 10 plumbed exam rooms, private suite, and included FF&E.
Property Size4,044 SF
Lot Size0.82 Acres
Price / SF$296.74
Days on Market112
Property Features for 1466 Columbia Highway
General Information
Standard status
Active
Size
4,044 SF
Total Parking Spaces
20
Lot size
0.82 Acres
Property subtype
Commercial
Zoning
RUD
Additional Details
Furnished
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$12,159
Amenities
covered portico entrance
children's play area
security system
fully equipped kitchen
Building Details
Building Size
4,044 SF
Year Built
2009
Listing Agency:
Meybohm Commercial Properties
(803) 215-1082
Listed By:
Karen A Daly · License #SC97250
(803) 215-1082
Source:
Frankerealproperties
Added: May 4
Changed: Aug 23
Last Checked: Aug 22 at 12:27PM
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 Meybohm Commercial Properties
Investment Insights
Based on property information with market context.
For sale is a 4,044-square-foot brick dental office building constructed in 2009 by Stewart Builders. The facility includes a covered portico entrance into a spacious reception area with a reception window and a dedicated children’s play area. The layout provides 10 fully plumbed exam rooms, large executive offices, and a private executive suite with its own entrance and en-suite full bathroom.
The property includes a fully equipped kitchen, four bathrooms including one with a shower, a lab, and a sanitation area, along with ample storage throughout and a security system. All furniture, fixtures, and equipment (FF&E) are included, supporting a turn-key transition into medical use.
Set on a generous 0.82-acre lot, the property offers approximately 20 parking spaces and provides room for practical day-to-day operations with flexibility for future needs.
The property includes a fully equipped kitchen, four bathrooms including one with a shower, a lab, and a sanitation area, along with ample storage throughout and a security system. All furniture, fixtures, and equipment (FF&E) are included, supporting a turn-key transition into medical use.
Set on a generous 0.82-acre lot, the property offers approximately 20 parking spaces and provides room for practical day-to-day operations with flexibility for future needs.
Key Highlights
- 4,044 SF brick dental office built in 2009 on an 0.82‑acre lot
- 10 fully plumbed exam rooms plus large executive offices and a private executive suite with its own entrance and en‑suite full bath
- Reception area with a reception window and a dedicated children’s play area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,719
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$834,380
$834.4K
Cap Rate 7%
$595,986
$596.0K
Cap Rate 9%
$463,544
$463.5K
Market Conditions
NOI Build-Up for 4,044 SF
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.
Gross rent
$60.7K $15.00/SF
− Vacancy
−$5.0K −$1.25/SF
EGI
$55.6K $13.76/SF
− OpEx
−$13.9K −$3.44/SF
NOI
$41.7K $10.32/SF
Area
Aiken County, SC
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$834,380
Cap Rate 7%
$595,986
Cap Rate 9%
$463,544
Alternative Uses
Best Use
Office B
$596.0K
$521.5K – $695.3K
NOI $41,719 @ 7.0% cap · market cap 3.48%
Second Best
Healthcare Medical
$133.7K
$117.0K – $156.0K
NOI $9,362 @ 7.0% cap · market cap 0.78%
Theoretical Best
Office A
$779.5K
$682.1K – $909.4K
NOI $54,565 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29801, SC
27,613
Population
13,543
Households
2
Avg Household Size
41
Median Age
28%
College-Educated
84%
High-School Grad
88.9 sq mi
ZIP Area
311
Density / Sq Mi
$55,032
Median Household Income
$36,804
Median Earnings
$1,070
Median Rent
$163,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Brick dental office on a 0.82-acre lot with 10 plumbed exam rooms, private suite, and included FF&E.
Where is this medical office space located?
The property is located at 1466 Columbia Highway Aiken, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,044 SF brick dental office built in 2009 on an 0.82‑acre lot; 10 fully plumbed exam rooms plus large executive offices and a private executive suite with its own entrance and en‑suite full bath; Reception area with a reception window and a dedicated children’s play area
