Renovated Office Building For
7116 Firelane Rd Columbia, SC
7116 Firelane Rd, Columbia, SC, 00000
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For Sale
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Renovated office building with modern features and functional layout.
Property Size3,782 SF
Lot Size0.40 Acres
Price / SF$131.94
Days on Market430
Property Features for 7116 Firelane Rd
General Information
- Standard status
- Active
- Size
- 3,782 SF
- Lot size
- 0.40 Acres
- Property subtype
- OFFICE
Listing Agency
ERA Wilder Realty Inc. - Columbia
(803) 312-1908
Listed by
David Brock · License #58004
Source
Moodyscre
Added: May 13, 2025 Checked: Jul 16 at 7:19 am
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 ERA Wilder Realty Inc. - Columbia
Investment Insights
Based on property information with market context.
This renovated 3,782 square foot office building offers visibility and functionality. Updated in 2020, the space includes six private offices, a small bullpen area, a gathering/conference area, and five restrooms. A prep kitchen is also available. The building features epoxy floors, 12-foot ceilings with an open industrial look, and exposed brick. This property is suitable for professional or creative use.
Key Highlights
- Renovated 3,782 SF office building with excellent visibility.
- Prime location suitable for professional or creative use.
- Features six private offices, a bullpen area, and a spacious conference area.
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 | $72.6k | $19.20 |
| − Vacancy | −$12.7k | −$3.36 |
| EGI | $59.9k | $15.84 |
| − OpEx | −$15.0k | −$3.96 |
| NOI | $44.9k | $11.88 |
3,782 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$641.9K
$561.6K – $748.8K
NOI $44,930 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$931.3K
$814.9K – $1.09M
NOI $65,190 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Eric Moore, EXIT ...
Real Estate Agency
Shakir Saleem, EXIT ...
Real Estate Agency
Jae Kim Team
Real Estate Agency
EXIT Real Estate ...
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Genice Bailey, EXIT ...
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FAQs
What type of property is this?
Office building - Renovated office building with modern features and functional layout.
Where is this office building located?
The property is located at 7116 Firelane Rd Columbia, SC.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Renovated 3,782 SF office building with excellent visibility.; Prime location suitable for professional or creative use.; Features six private offices, a bullpen area, and a spacious conference area.