Freestanding Office Building with Corner
For Sale
$600,000
362 Oakland Ave, Rock Hill, SC 29730
Freestanding office building with a corner position and convenient access at a signalized intersection.
Property Size1,500 SF
Price / SF$400
Days on Market96
Property Features for 362 Oakland Ave
General Information
Standard status
Active
Size
1,500 SF
Class
B
Property subtype
Office - General Office
Additional Details
Asking Price
$600,000
Road Access
Yes
Building Details
Building Size
1,500 SF
Buildings
1
Listing Agency:
SVN | Southern Commercial Real Estate
Listed By:
Mark J. Mayfield · License #SOUTHCAROLINA#18972
(803) 493-2424
Source:
Commercialcafe
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 30 at 10:26AM
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 SVN | Southern Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding office building offers 1,500 SF of space at 362 Oakland Ave in Rock Hill, SC. The property is positioned as a corner site with easy access at a signalized intersection, supporting straightforward customer and staff arrival. Substantial on-site parking is available for visitors and employees.
The building sits in the Oakland Ave corridor and is suitable for office users seeking visible, accessible space. It may also fit retail or professional and medical office users based on its location and access characteristics.
The configuration and site features are designed for daily operations where parking convenience and intersection access matter.
The building sits in the Oakland Ave corridor and is suitable for office users seeking visible, accessible space. It may also fit retail or professional and medical office users based on its location and access characteristics.
The configuration and site features are designed for daily operations where parking convenience and intersection access matter.
Key Highlights
- 1,500 SF freestanding office building at 362 Oakland Ave, Rock Hill, SC
- Corner site with easy access at a signalized intersection
- Substantial parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,986
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,720
$399.7K
Cap Rate 7%
$285,514
$285.5K
Cap Rate 9%
$222,067
$222.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$28.4K $18.96/SF
− Vacancy
−$1.8K −$1.19/SF
EGI
$26.6K $17.77/SF
− OpEx
−$6.7K −$4.44/SF
NOI
$20.0K $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%
$399,720
Cap Rate 7%
$285,514
Cap Rate 9%
$222,067
Alternative Uses
Best Use
Office B
$285.5K
$249.8K – $333.1K
NOI $19,986 @ 7.0% cap · market cap 3.33%
Second Best
Healthcare Medical
$230.6K
$201.8K – $269.0K
NOI $16,142 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$352.7K
$308.7K – $411.5K
NOI $24,692 @ 7.0% cap · market cap 4.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Explore this area
Business Placement
Demographics for 29730, SC
57,325
Population
26,209
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
89%
High-School Grad
119.4 sq mi
ZIP Area
480
Density / Sq Mi
$63,122
Median Household Income
$39,484
Median Earnings
$1,234
Median Rent
$239,200
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 building - Freestanding office building with a corner position and convenient access at a signalized intersection.
Where is this office building located?
The property is located at 362 Oakland Ave Rock Hill, SC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1,500 SF freestanding office building at 362 Oakland Ave, Rock Hill, SC; Corner site with easy access at a signalized intersection; Substantial parking available
