Renovated Office Building For
For Sale
$499,900
7116 Firelane Road, Columbia, SC 29223
Renovated office building with modern features and functional layout.
Property Size3,782 SF
Price / SF$132.18
Days on Market315
Property Features for 7116 Firelane Road
General Information
Standard status
Active
Size
3,782 SF
Property subtype
Commercial
Amenities
0.4 acres, Lot size: 17424
Metal
Public
Central, Heat Pump, Wall Units
Central, Forced Air, Heat Pump
Listed on 2026-08-14
20 parking spaces
3,782 gross square footage, Built in 1970, Construction: Brick,Metal
County: Richland, Geo Latitude: 34.072587, Geo Longitude: -80.950644
Zoning: GC
In Storage, Out Storage, Restrooms, Roof Sign
Building Details
Building Size
3,782 SF
Listing Agency:
EXIT Realty Unlimited LLC
(864) 230-4769
Listed By:
Jae Kim
(864) 920-0303
Source:
Blackstreaminternational
Added: Nov 25, 2025
Changed: Oct 6
Last Checked: Oct 5 at 6:41PM
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 EXIT Realty Unlimited LLC
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,930
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,600
$898.6K
Cap Rate 7%
$641,857
$641.9K
Cap Rate 9%
$499,222
$499.2K
Market Conditions
NOI Build-Up for 3,782 SF
Gross rent
$72.6K $19.20/SF
− Vacancy
−$12.7K −$3.36/SF
EGI
$59.9K $15.84/SF
− OpEx
−$15.0K −$3.96/SF
NOI
$44.9K $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%
$898,600
Cap Rate 7%
$641,857
Cap Rate 9%
$499,222
Alternative Uses
Best Use
Office B
$641.9K
$561.6K – $748.8K
NOI $44,930 @ 7.0% cap · market cap 8.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$931.3K
$814.9K – $1.09M
NOI $65,190 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
797
Businesses Nearby
Explore this area
Business Placement
Demographics for 29223, SC
52,477
Population
24,142
Households
2.2
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
2,074
Density / Sq Mi
$56,300
Median Household Income
$37,435
Median Earnings
$1,217
Median Rent
$183,800
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 Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
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 Road Columbia, SC.
What is the asking price?
The asking price for this property is $499,900.
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.
