515 Oakland Ave Rock Hill, SC 29730
Historic 3,462 SF office building near Winthrop University.
- Added:
- Nov 21, 2025
- Days on Market:
- 232
- Last Refresh:
- May 8 at 11:44 pm
Property Features for 515 Oakland Ave
General Information
- Standard status
- Active
- Size
- 3,462 SF
- Property subtype
- Office
Listing office SVN | Southern Commercial (803) 322-7228
Listing date Nov 21, 2025
Source Svn-scre
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
Investment Insights
Based on property information with market context.
Key Highlights
- High‑profile corner lot location on historic Oakland Avenue, across from Winthrop University and adjacent to the President's house.
- +/- 3,462 SF historic office building.
- Good parking with 14 dedicated spaces; optional overflow parking available.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.6k | $18.96 |
| − Vacancy | −$4.1k | −$1.19 |
| EGI | $61.5k | $17.77 |
| − OpEx | −$15.4k | −$4.44 |
| NOI | $46.1k | $13.32 |
