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Freestanding Office Building
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500 Lakeshore Parkway, Rock Hill, SC 29730

Single-story layout includes private offices, reception areas, conference space, workstations, and on-site parking.

Property Size6,560 SF
Lot Size1.18 Acres
Price / SF$258.99
Days on Market70

Property Features for 500 Lakeshore Parkway

General Information

Standard status Active
Size 6,560 SF
Class B
Total Parking Spaces 64
Lot size 1.18 Acres
Property subtype Office, Mixed Use, Special Purpose
Zoning Planned Unit Development
Lease Type NNN

Additional Details

Highway Access Yes

Amenities

walking trails
lake frontage
conference space

Building Details

Year Built 1994
Year Renovated 2019
Buildings 1
Stories 1
Building Size 6,560 SF
Listing Agency: Avison Young - Greenville
Listed By: Will Hannah · License #144350
Source: Crexi
Added: Jul 29 Changed: Oct 5 Last Checked: Oct 5 at 7:21PM

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 Avison Young - Greenville

Investment Insights

Based on property information with market context.

This freestanding, single-story office building contains approximately 6,560 square feet on 1.18 acres. The interior includes private offices, reception and waiting areas, conference space, workstations, and parking on the premises. Plumbing access in many offices reflects the property’s former medical-office configuration and may support a return to that use.

The property sits within a business park with walking trails, lake frontage, and a professionally maintained setting. York Technical College is directly across Lakeshore Parkway, while Interstate 77 is just over a mile away. The Rock Hill address offers access to downtown Rock Hill and the broader Charlotte market.

Key Highlights

  • ±6,560‑square‑foot freestanding office building
  • Approximately 1.18 acres with lake frontage and walking trails
  • Former medical‑office configuration with plumbing access in many offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,406
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,748,120 $1.7M
Cap Rate 7%
$1,248,657 $1.2M
Cap Rate 9%
$971,178 $971.2K
Market Conditions
NOI Build-Up for 6,560 SF
Gross rent
$124.4K $18.96/SF
− Vacancy
−$7.8K −$1.19/SF
EGI
$116.5K $17.77/SF
− OpEx
−$29.1K −$4.44/SF
NOI
$87.4K $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%
$1,748,120
Cap Rate 7%
$1,248,657
Cap Rate 9%
$971,178

Alternative Uses

Best Use
Office B
$1.25M
$1.09M – $1.46M (±1% cap)
NOI $87,406 @ 7.0% cap · market cap 5.14%
Second Best
Healthcare Medical
$1.01M
$882.4K – $1.18M (±1% cap)
NOI $70,595 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,986 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Dr. Romin B. ... Geriatric Care Provider Dr. James C. ... Physician Ashley Ashford Physician Providence Care LLC Home Health Care Service Dr. Jessie Tenet Physician

Suggested Use

Top Pick Restaurant Dental Office Big Box & Wholesale Store Building Supply Law Firm Auto Parts Store

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby

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
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
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Frequently Asked Questions

What type of property is this?
Office building - Single-story layout includes private offices, reception areas, conference space, workstations, and on-site parking.
Where is this office building located?
The property is located at 500 Lakeshore Parkway Rock Hill, SC.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: ±6,560‑square‑foot freestanding office building; Approximately 1.18 acres with lake frontage and walking trails; Former medical‑office configuration with plumbing access in many offices
(864) 508-4525 Call to check price and availability
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