10-Suite Office
For Sale
$969,000
1516 Village Harbor Drive, Clover, SC 29710
The suite-based layout is configured for professional office use.
Property Size4,000 SF
Price / SF$242.25
Days on Market153
Property Features for 1516 Village Harbor Drive
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
50
Property subtype
Commercial
Occupancy
90%
Additional Details
Condition
Turnkey
Office Units
10
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
4,000 SF
Year Built
1999
Buildings
1
Tenancy
Multi
Listing Agency:
Dane Warren Real Estate
(704) 814-9900
Listed By:
Kumar Kuchimanchi
(980) 939-4249
Source:
Dylerealestate
Added: Jun 2
Changed: Oct 30
Last Checked: Oct 29 at 7:16PM
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 Dane Warren Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot office building contains 10 suites and was built in 1999. Recent upgrades and renovation work have refreshed the property, which is currently 90% occupied.
Starbucks and Chipotle are nearby in Clover, South Carolina.
Starbucks and Chipotle are nearby in Clover, South Carolina.
Key Highlights
- 10 office suites within a 4,000‑square‑foot building
- 90% occupied
- Recent renovation and designer upgrades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,297
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,065,940
$1.1M
Cap Rate 7%
$761,386
$761.4K
Cap Rate 9%
$592,189
$592.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$75.8K $18.96/SF
− Vacancy
−$4.8K −$1.19/SF
EGI
$71.1K $17.77/SF
− OpEx
−$17.8K −$4.44/SF
NOI
$53.3K $13.32/SF
Area
York County, SC
Vacancy
6.30%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,065,940
Cap Rate 7%
$761,386
Cap Rate 9%
$592,189
Alternative Uses
Best Use
Office B
$761.4K
$666.2K – $888.3K
NOI $53,297 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$940.6K
$823.1K – $1.10M
NOI $65,845 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
10
Office units
90%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Explore this area
Business Placement
Demographics for 29710, SC
39,272
Population
15,947
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
93%
High-School Grad
114.1 sq mi
ZIP Area
344
Density / Sq Mi
$84,558
Median Household Income
$46,479
Median Earnings
$1,396
Median Rent
$330,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The suite-based layout is configured for professional office use.
Where is this office building located?
The property is located at 1516 Village Harbor Drive Clover, SC.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: 10 office suites within a 4,000‑square‑foot building; 90% occupied; Recent renovation and designer upgrades
