Four-Unit Office
For Sale
$582,500
1909 Cherry Road, Rock Hill, SC 29732
Private office layout suited to professional and small-business operations.
Property Size1,942 SF
Days on Market114
Property Features for 1909 Cherry Road
General Information
Standard status
Active
Size
1,942 SF
Property subtype
Business
Additional Details
Highway Access
Yes
Amenities
Additional parcels description:, Parcel Number: 634-06-06-009, Assessed Value: $392,000, Zoning: GC
Listing ID: CAR4397108, Standard Status: Active, MLS Status: Active, Property Subtype: Business, Special Conditions: None
Built in 1942
County/Parish: York
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,942 SF
Year Built
1942
Listing Agency:
Rinehart Realty Corporation
(803) 329-3333
Listed By:
Jay Rinehart · License #24502
(803) 984-7155
Source:
Blackstreaminternational
Added: Jun 26
Changed: Oct 16
Last Checked: Oct 16 at 9:29AM
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 Rinehart Realty Corporation
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Investment Insights
Based on property information with market context.
This office property contains four private office spaces within a configuration suited to professional services, medical practices, insurance, real estate, legal work, and other small-business operations. Built in 1942, the property can accommodate an owner-occupant or an investor seeking office space with multiple private rooms.
Located at 1909 Cherry Road in Rock Hill, the property is near shopping, restaurants, major employers, and I-77. Its Cherry Road setting provides access to an established commercial corridor and supports convenient visits for clients and employees.
Located at 1909 Cherry Road in Rock Hill, the property is near shopping, restaurants, major employers, and I-77. Its Cherry Road setting provides access to an established commercial corridor and supports convenient visits for clients and employees.
Key Highlights
- Four private office spaces
- Built in 1942
- Located at 1909 Cherry Road, Rock Hill, SC 29732
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,875
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,500
$517.5K
Cap Rate 7%
$369,643
$369.6K
Cap Rate 9%
$287,500
$287.5K
Market Conditions
NOI Build-Up for 1,942 SF
Gross rent
$36.8K $18.96/SF
− Vacancy
−$2.3K −$1.19/SF
EGI
$34.5K $17.77/SF
− OpEx
−$8.6K −$4.44/SF
NOI
$25.9K $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%
$517,500
Cap Rate 7%
$369,643
Cap Rate 9%
$287,500
Alternative Uses
Best Use
Office B
$369.6K
$323.4K – $431.3K
NOI $25,875 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.7K
$399.6K – $532.8K
NOI $31,968 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
Explore this area
Business Placement
Demographics for 29732, SC
59,417
Population
24,926
Households
2.4
Avg Household Size
41
Median Age
40%
College-Educated
95%
High-School Grad
52.8 sq mi
ZIP Area
1,125
Density / Sq Mi
$79,936
Median Household Income
$44,650
Median Earnings
$1,293
Median Rent
$301,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Private office layout suited to professional and small-business operations.
Where is this office units located?
The property is located at 1909 Cherry Road Rock Hill, SC.
What is the asking price?
The asking price for this property is $582,500.
What are key features of this property?
This property features: Four private office spaces; Built in 1942; Located at 1909 Cherry Road, Rock Hill, SC 29732
