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Office Property with Car Lot Rights
New
For Sale
$499,000

1930 Augusta Road, West Columbia, SC 29169

Two office buildings sit on a parcel with additional rear land currently used for parking.

Property Size1,500 SF
Lot Size0.82 Acres
Price / SF$332.67
Days on Market6

Property Features for 1930 Augusta Road

General Information

Standard status Active
Size 1,500 SF
Lot size 0.82 Acres
Property subtype Commercial

Amenities

full kitchen
0.82 acres, Lot size: .82
Public
Central
Listed on 2026-10-08
40 parking spaces
1,500 gross square footage, Built in 2003, Construction: Other
County: Lexington, Geo Latitude: 33.985183, Geo Longitude: -81.090005
Zoning: general

Building Details

Building Size 1,500 SF
Buildings 2
Listing Agency: Realty One Group Redefined
Listed By: Jenifer Miller · License #62620
Source: Blackstreaminternational
Added: Oct 8 Changed: Oct 13 Last Checked: Oct 12 at 8:28PM

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 Realty One Group Redefined

Investment Insights

Based on property information with market context.

The 0.82-acre property contains two office buildings. One includes several offices and a full kitchen; the other has a large office. Grandfathered rights allow use as a car lot.

More than 40 parking spaces are available, including on the vacant land behind the buildings, which is presently used for parking.

Key Highlights

  • Two office buildings on 0.82 acres
  • Grandfathered rights for car lot use
  • 40+ parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,113
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,260 $402.3K
Cap Rate 7%
$287,329 $287.3K
Cap Rate 9%
$223,478 $223.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$28.6K $19.08/SF
− Vacancy
−$1.8K −$1.20/SF
EGI
$26.8K $17.88/SF
− OpEx
−$6.7K −$4.47/SF
NOI
$20.1K $13.41/SF
Area
Lexington County, SC
Vacancy
6.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,260
Cap Rate 7%
$287,329
Cap Rate 9%
$223,478

Alternative Uses

Best Use
Office B
$287.3K
$251.4K – $335.2K (±1% cap)
NOI $20,113 @ 7.0% cap · market cap 4.03%
Second Best
Retail
$215.8K
$188.8K – $251.7K (±1% cap)
NOI $15,104 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$402.9K
$352.5K – $470.0K (±1% cap)
NOI $28,200 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Storage Facility Locksmith Acupuncture

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

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby

Demographics for 29169, SC

22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two office buildings sit on a parcel with additional rear land currently used for parking.
Where is this office building located?
The property is located at 1930 Augusta Road West Columbia, SC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two office buildings on 0.82 acres; Grandfathered rights for car lot use; 40+ parking spaces
More about this property
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