Medical Office with 9 Exam
1466 Columbia Hwy, Aiken, SC 29801
For Sale
$1,200,000
Brick healthcare facility with a covered entry, executive suite, lab, and included FF&E.
Property Size4,044 SF
Price / SF$296.74
Days on Market50
Property Features for 1466 Columbia Hwy
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Meybohm Commercial Properties
Listed By:
Karen A Daly · License #97250
(803) 215-1082
Source:
Bradberrygarnerrealestate
Added: Sep 21
Changed: Oct 26
Last Checked: Oct 7 at 2:23PM
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
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Investment Insights
Based on property information with market context.
This 4,044-square-foot medical office occupies a 0.82-acre site at 1466 Columbia Hwy in Aiken. Constructed in 2009, the brick building includes a covered portico, reception area with reception window, children's play area, 9 fully plumbed exam rooms, executive offices, and a private suite with a separate entrance and en-suite full bathroom.
The facility also provides a kitchen, 4 bathrooms, including one with a shower, lab, sanitation area, security system, and storage throughout. Furniture, fixtures, and equipment are included. Approximately 20 parking spaces serve the property. The site is positioned on the north side of Aiken, approximately 5 minutes from downtown and 5 minutes from Interstate 20 at Exit 22. The layout is suited to a dental practice or other medical use.
The facility also provides a kitchen, 4 bathrooms, including one with a shower, lab, sanitation area, security system, and storage throughout. Furniture, fixtures, and equipment are included. Approximately 20 parking spaces serve the property. The site is positioned on the north side of Aiken, approximately 5 minutes from downtown and 5 minutes from Interstate 20 at Exit 22. The layout is suited to a dental practice or other medical use.
Key Highlights
- 4,044 SF medical office on a 0.82‑acre lot
- 9 fully plumbed exam rooms
- Approximately 20 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,719
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
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
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 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.
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Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Balanced
Demand for This Use
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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
$163,900
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Aiken County, SC
Properties on Market for Medical Office Space in Aiken County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Brick healthcare facility with a covered entry, executive suite, lab, and included FF&E.
Where is this medical office space located?
The property is located at 1466 Columbia Hwy 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 medical office on a 0.82‑acre lot; 9 fully plumbed exam rooms; Approximately 20 parking spaces
