Office Space For
For Sale
Contact for pricing
615 Ott Rd, Columbia, SC
Office space featuring four offices on a 0.26 AC lot.
Property Size1,859 SF
Lot Size0.26 Acres
Price / SF$279.72
Days on Market596
Property Features for 615 Ott Rd
General Information
Standard status
Active
Size
1,859 SF
Lot size
0.26 Acres
Property subtype
OFFICE
Site & Location
Neighborhood
Central Rosewood Neighborhood Association
Listing Agency:
Wilson Kibler | Columbia
(803) 779-8600
Listed By:
Clay Brabham · License #136085
(803) 767-5776
Source:
Moodyscre
Added: Mar 11, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:58PM
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 Wilson Kibler | Columbia
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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 property features an office space of approximately 1,859 square feet situated on a 0.26-acre lot. The zoning is designated as O-I. The layout includes four offices. The property is fenced in.
Key Highlights
- ±1,859 SF Office Space ideal for various office uses under O‑I zoning.
- Features 4 Offices.
- Situated on ±0.26 AC.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,085
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,700
$441.7K
Cap Rate 7%
$315,500
$315.5K
Cap Rate 9%
$245,389
$245.4K
Market Conditions
NOI Build-Up for 1,859 SF
Gross rent
$35.7K $19.20/SF
− Vacancy
−$6.2K −$3.36/SF
EGI
$29.4K $15.84/SF
− OpEx
−$7.4K −$3.96/SF
NOI
$22.1K $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%
$441,700
Cap Rate 7%
$315,500
Cap Rate 9%
$245,389
Alternative Uses
Best Use
Office B
$315.5K
$276.1K – $368.1K
NOI $22,085 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.8K
$400.5K – $534.1K
NOI $32,043 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
418
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Market
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office unit - Office space featuring four offices on a 0.26 AC lot.
Where is this office unit located?
The property is located at 615 Ott Rd Columbia, SC.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: ±1,859 SF Office Space ideal for various office uses under O‑I zoning.; Features 4 Offices.; Situated on ±0.26 AC.
