Standalone Office
For Sale
$325,000
3320 Platt Springs Road, West Columbia, SC 29170
Standalone office building available for sale or lease along Platt Springs Road in West Columbia.
Property Size1,864 SF
Days on Market154
Property Features for 3320 Platt Springs Road
General Information
Standard status
Active
Size
1,864 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,864 SF
Listing Agency:
Trinity Partners | Columbia
Listed By:
Will McGregor · License #136374
(864) 314-3339
Source:
Trinity-partners
Added: May 14
Changed: Oct 9
Last Checked: Oct 12 at 6:43PM
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 Trinity Partners | Columbia
Investment Insights
Based on property information with market context.
Standalone office building available for sale or lease. The property is listed for $325,000 and includes a total property size of 1,864.
The building is located along Platt Springs Road between Wattling Road and the Columbia Metropolitan Airport.
With its standalone configuration, the property is positioned for straightforward office use along a primary road corridor.
The building is located along Platt Springs Road between Wattling Road and the Columbia Metropolitan Airport.
With its standalone configuration, the property is positioned for straightforward office use along a primary road corridor.
Key Highlights
- Standalone office building available for sale or lease
- Located along Platt Springs Road between Wattling Road and Columbia Metropolitan Airport
- West Columbia office building on Platt Springs Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,993
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,860
$499.9K
Cap Rate 7%
$357,043
$357.0K
Cap Rate 9%
$277,700
$277.7K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$35.6K $19.08/SF
− Vacancy
−$2.2K −$1.20/SF
EGI
$33.3K $17.88/SF
− OpEx
−$8.3K −$4.47/SF
NOI
$25.0K $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%
$499,860
Cap Rate 7%
$357,043
Cap Rate 9%
$277,700
Alternative Uses
Best Use
Office B
$357.0K
$312.4K – $416.6K
NOI $24,993 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.6K
$438.0K – $584.1K
NOI $35,043 @ 7.0% cap · market cap 10.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 29170, SC
22,422
Population
9,547
Households
2.3
Avg Household Size
39
Median Age
30%
College-Educated
92%
High-School Grad
24.5 sq mi
ZIP Area
915
Density / Sq Mi
$73,470
Median Household Income
$43,125
Median Earnings
$1,026
Median Rent
$191,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Standalone office building available for sale or lease along Platt Springs Road in West Columbia.
Where is this office building located?
The property is located at 3320 Platt Springs Road West Columbia, SC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Standalone office building available for sale or lease; Located along Platt Springs Road between Wattling Road and Columbia Metropolitan Airport; West Columbia office building on Platt Springs Road
