Office Building with Detached
1633 Leesburg Rd, Columbia, SC 29209
For Sale
Contact for pricing
An office and operations layout includes on-site parking and a separate storage building.
Property Size2,400 SF
Price / SF$145.83
Days on Market18
Property Features for 1633 Leesburg Rd
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Property Use
Building Details
Buildings
Listing Agency:
Colliers | Columbia
(803) 254-2300
Listed By:
Tommy Johnson, SIOR
(803) 206-4976
Source:
Moodyscre
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 8 at 3:54AM
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 Colliers | Columbia
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Investment Insights
Based on property information with market context.
The 2,400-square-foot office property includes a detached garage and storage building measuring 23 feet by 26 feet. The layout can accommodate office and operational functions, and existing equipment may be negotiated with the sale. On-site parking is available, with vehicle and equipment storage potential noted for the property.
Positioned on Leesburg Road in Columbia, the property has direct frontage along the corridor and access to Downtown Columbia, Fort Jackson, Garners Ferry Road and I-77. Nearby uses include commercial, service, industrial and residential properties. The site is zoned GC in Richland County.
Positioned on Leesburg Road in Columbia, the property has direct frontage along the corridor and access to Downtown Columbia, Fort Jackson, Garners Ferry Road and I-77. Nearby uses include commercial, service, industrial and residential properties. The site is zoned GC in Richland County.
Key Highlights
- 2,400‑square‑foot office property
- Detached garage/storage building measures 23’ x 26’
- GC zoning in Richland County
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,512
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,240
$570.2K
Cap Rate 7%
$407,314
$407.3K
Cap Rate 9%
$316,800
$316.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$46.1K $19.20/SF
− Vacancy
−$8.1K −$3.36/SF
EGI
$38.0K $15.84/SF
− OpEx
−$9.5K −$3.96/SF
NOI
$28.5K $11.88/SF
Area
Columbia, SC
Vacancy
17.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,240
Cap Rate 7%
$407,314
Cap Rate 9%
$316,800
Alternative Uses
Best Use
Office B
$407.3K
$356.4K – $475.2K
NOI $28,512 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$591.0K
$517.1K – $689.5K
NOI $41,368 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 29209, SC
35,738
Population
16,520
Households
2.2
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
52.8 sq mi
ZIP Area
677
Density / Sq Mi
$58,854
Median Household Income
$38,756
Median Earnings
$1,252
Median Rent
$183,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Columbia, SC
Properties on Market for Office buildings in Columbia
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office building - An office and operations layout includes on-site parking and a separate storage building.
Where is this office building located?
The property is located at 1633 Leesburg Rd Columbia, SC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,400‑square‑foot office property; Detached garage/storage building measures 23’ x 26’; GC zoning in Richland County
