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1717 Saint Julian Pl, Columbia, SC 29204
Professional office setting with a conference room, breakroom, courtyard, and dedicated on-site parking.
Property Size3,758 SF
Lot Size0.52 Acres
Price / SF$238.42
Days on Market7
Property Features for 1717 Saint Julian Pl
General Information
Standard status
Active
Size
3,758 SF
Total Parking Spaces
27
Lot size
0.52 Acres
Property subtype
OFFICE
Amenities
Conference Room
Kitchen/Breakroom
Courtyard
Listing Agency:
Wilson Kibler | Columbia
(803) 255-8628
Listed By:
John Mills · License #97905
Source:
Moodyscre
Added: Aug 5
Changed: Aug 11
Last Checked: Aug 10 at 9:04AM
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 Wilson Kibler | Columbia
Investment Insights
Based on property information with market context.
This 3,758-square-foot office building at 1717 Saint Julian Pl includes a conference room, kitchen and breakroom, and courtyard. The property occupies approximately 0.52 acres and provides 27 on-site parking spaces for staff and visitors.
The Columbia address places the office at 1717 Saint Julian Pl, Columbia, SC 29204. Its combination of meeting space, employee amenities, outdoor area, and dedicated parking supports a practical professional-office configuration.
The Columbia address places the office at 1717 Saint Julian Pl, Columbia, SC 29204. Its combination of meeting space, employee amenities, outdoor area, and dedicated parking supports a practical professional-office configuration.
Key Highlights
- 3,758‑square‑foot office building
- Approximately 0.52 acres
- Conference room and kitchen/breakroom
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
$44,645
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
4.98%
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%
$892,900
$892.9K
Cap Rate 7%
$637,786
$637.8K
Cap Rate 9%
$496,056
$496.1K
Market Conditions
NOI Build-Up for 3,758 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
$72.2K $19.20/SF
− Vacancy
−$12.6K −$3.36/SF
EGI
$59.5K $15.84/SF
− OpEx
−$14.9K −$3.96/SF
NOI
$44.6K $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 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%
$892,900
Cap Rate 7%
$637,786
Cap Rate 9%
$496,056
Alternative Uses
Best Use
Office B
$637.8K
$558.1K – $744.1K
NOI $44,645 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$925.4K
$809.7K – $1.08M
NOI $64,776 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
Explore this area
Business Placement
Demographics for 29204, SC
18,059
Population
8,687
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
2,822
Density / Sq Mi
$49,745
Median Household Income
$32,288
Median Earnings
$993
Median Rent
$185,800
Median Home Value
Market
Vacancy Rate% for Office in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Professional office setting with a conference room, breakroom, courtyard, and dedicated on-site parking.
Where is this office building located?
The property is located at 1717 Saint Julian Pl Columbia, SC.
What is the asking price?
The asking price for this property is $896,000.
What are key features of this property?
This property features: 3,758‑square‑foot office building; Approximately 0.52 acres; Conference room and kitchen/breakroom
