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Mixed-Use Park Near Medical Center
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1717-1719 Village Park Drive, Orangeburg, SC 29118

Nineteen-building commercial campus supports medical, professional office, and retail uses.

Property Size4,650 SF
Price / SF$182.80
Days on Market55

Property Features for 1717-1719 Village Park Drive

General Information

Standard status Active
Size 4,650 SF
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Buildings 19
Tenancy Multi
Listing Agency: The Litchfield Company - Commercial Division
Listed By: Cal Bruner · License #SC 4526
Source: Crexi
Added: Sep 1 Changed: Oct 16 Last Checked: Oct 24 at 3:40PM

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 The Litchfield Company - Commercial Division

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Investment Insights

Based on property information with market context.

This mixed-use commercial property comprises 19 buildings within a professionally managed park. The offering includes 4,650 square feet associated with 1717 and 1719 Village Park Drive, with uses identified for medical offices, professional offices, and retail. Parking is available throughout the property, supporting the varied commercial configuration.

The park is located in Orangeburg near the Medical University of South Carolina - Orangeburg Medical Center and Downtown Orangeburg. Access is provided through nearby Highway 601 and Interstate 26, connecting the property with surrounding commercial and institutional destinations.

Key Highlights

  • 19‑building mixed‑use professional park
  • 4,650 SF associated with 1717 and 1719 Village Park Drive
  • Medical office, professional office, and retail use potential

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,317
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,340 $686.3K
Cap Rate 7%
$490,243 $490.2K
Cap Rate 9%
$381,300 $381.3K
Market Conditions
NOI Build-Up for 4,650 SF
Gross rent
$55.8K $12.00/SF
− Vacancy
−$10.0K −$2.16/SF
EGI
$45.8K $9.84/SF
− OpEx
−$11.4K −$2.46/SF
NOI
$34.3K $7.38/SF
Area
Orangeburg County, SC
Vacancy
18.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,340
Cap Rate 7%
$490,243
Cap Rate 9%
$381,300

Alternative Uses

Best Use
Office B
$490.2K
$429.0K – $572.0K (±1% cap)
NOI $34,317 @ 7.0% cap · market cap 4.04%
Second Best
Retail
$392.8K
$343.7K – $458.3K (±1% cap)
NOI $27,498 @ 7.0% cap · market cap 3.24%
Theoretical Best
Specialty Retail
$673.7K
$589.5K – $786.0K (±1% cap)
NOI $47,157 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby

Demographics for 29118, SC

15,446
Population
6,742
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
89%
High-School Grad
76.6 sq mi
ZIP Area
202
Density / Sq Mi
$57,704
Median Household Income
$39,124
Median Earnings
$967
Median Rent
$160,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Nineteen-building commercial campus supports medical, professional office, and retail uses.
Where is this mixed-use property located?
The property is located at 1717-1719 Village Park Drive Orangeburg, SC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 19‑building mixed‑use professional park; 4,650 SF associated with 1717 and 1719 Village Park Drive; Medical office, professional office, and retail use potential
(803) 535-6208 Call to check price and availability
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