Office Condo with Private
For Sale
Contact for pricing
305 Stoneridge Drive, Columbia, SC 29210
Office condo with reception, private offices, breakroom, bathrooms, and shared parking in an established professional corridor.
Property Size3,197 SF
Price / SF$172.04
Days on Market53
Property Features for 305 Stoneridge Drive
General Information
Standard status
Active
Size
3,197 SF
Class
B
Property subtype
Office
Zoning
EC
Additional Details
Highway Access
Yes
Building Details
Year Built
2005
Buildings
1
Units
1
Listing Agency:
NAI Columbia
Listed By:
Will DuPree · License #124094
Source:
Crexi
Added: Aug 25
Changed: Oct 13
Last Checked: Oct 14 at 7:59PM
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 NAI Columbia
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Investment Insights
Based on property information with market context.
Suite 100 is a 3,197-square-foot office condominium completed in 2005. Its interior includes a generous reception and waiting area, six private offices, a breakroom, and private bathrooms, creating a practical arrangement for day-to-day office operations. The property is designated EC zoning and is positioned within an established office corridor.
The property is located at 305 Stoneridge Drive in Columbia, with shared parking serving the building for staff and visitors. Highway visibility and access to Columbia’s major interstates provide a prominent and convenient setting. The existing configuration is identified as suitable for professional, medical, and administrative office uses.
The property is located at 305 Stoneridge Drive in Columbia, with shared parking serving the building for staff and visitors. Highway visibility and access to Columbia’s major interstates provide a prominent and convenient setting. The existing configuration is identified as suitable for professional, medical, and administrative office uses.
Key Highlights
- 3,197‑square‑foot office condominium in Suite 100
- Six large private offices plus reception and waiting area
- Breakroom and private bathrooms included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,980
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,600
$759.6K
Cap Rate 7%
$542,571
$542.6K
Cap Rate 9%
$422,000
$422.0K
Market Conditions
NOI Build-Up for 3,197 SF
Gross rent
$61.4K $19.20/SF
− Vacancy
−$10.7K −$3.36/SF
EGI
$50.6K $15.84/SF
− OpEx
−$12.7K −$3.96/SF
NOI
$38.0K $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%
$759,600
Cap Rate 7%
$542,571
Cap Rate 9%
$422,000
Alternative Uses
Best Use
Office B
$542.6K
$474.8K – $633.0K
NOI $37,980 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$787.2K
$688.8K – $918.4K
NOI $55,106 @ 7.0% cap · market cap 10.02%
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
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 29210, SC
39,299
Population
19,592
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
16.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$50,258
Median Household Income
$32,240
Median Earnings
$1,076
Median Rent
$183,000
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 Columbia, SC
Frequently Asked Questions
What type of property is this?
Office units - Office condo with reception, private offices, breakroom, bathrooms, and shared parking in an established professional corridor.
Where is this office units located?
The property is located at 305 Stoneridge Drive Columbia, SC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,197‑square‑foot office condominium in Suite 100; Six large private offices plus reception and waiting area; Breakroom and private bathrooms included
