Office Building with Reception and
For Sale
$699,000
7193 Saint Andrews Road, Columbia, SC 29212
COMMERCIAL - Columbia, SC
Property Size3,500 SF
Lot Size0.41 Acres
Price / SF$199.71
Days on Market315
Property Features for 7193 Saint Andrews Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
26
Directions
I-26 to Saint Andrews Road toward Irmo, property on L.
Subdivision
Irmo/St Andrews/Ballentine
Standard status
Active
Size
3,500 SF
Lot size
0.41 Acres
Utilities
Cooling system
Central Air
Building Details
Floors in Building
2
Listing Agency:
Southern Visions Realty I LLC
(803) 359-9571
Listed By:
Reggie Enlow · License #81103
(803) 359-9571
Added: Oct 22, 2025
Changed: Aug 4
Last Checked: Sep 1 at 10:06AM
MLS# 620334
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office building offers a flexible, professional layout designed for professional, medical, or service-oriented businesses. The interior includes a welcoming reception area, a conference room or collaborative work area, and eight or nine private offices. Day-to-day convenience is supported by a dedicated copy/print room and kitchenette, along with two restrooms for staff and guests. Additional usable space includes approximately 600+/- square feet of floored storage.
The property is situated on a 0.41-acre lot at 7193 Saint Andrews Road in Columbia, Lexington County. It is conveniently located between Lake Murray Boulevard and the busy Harbison area, with ease of access to I-26 as well as I-20. The building is served by central air and is zoned Commercial.
The property is situated on a 0.41-acre lot at 7193 Saint Andrews Road in Columbia, Lexington County. It is conveniently located between Lake Murray Boulevard and the busy Harbison area, with ease of access to I-26 as well as I-20. The building is served by central air and is zoned Commercial.
Key Highlights
- 3,500+/- square foot office building with welcoming reception area
- 0.41‑acre lot
- Eight or nine private offices plus conference room or collaborative work area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,872
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,440
$937.4K
Cap Rate 7%
$669,600
$669.6K
Cap Rate 9%
$520,800
$520.8K
Market Conditions
NOI Build-Up for 3,500 SF
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.
Gross rent
$84.0K $24.00/SF
− Vacancy
−$5.9K −$1.68/SF
EGI
$78.1K $22.32/SF
− OpEx
−$31.2K −$8.93/SF
NOI
$46.9K $13.39/SF
Area
Columbia, SC
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,440
Cap Rate 7%
$669,600
Cap Rate 9%
$520,800
Alternative Uses
Best Use
Healthcare Medical
$669.6K
$585.9K – $781.2K
NOI $46,872 @ 7.0% cap · market cap 6.71%
Second Best
Office B
$594.0K
$519.8K – $693.0K
NOI $41,580 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$861.8K
$754.1K – $1.01M
NOI $60,329 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
Explore this area
Business Placement
Demographics for 29212, SC
29,739
Population
13,374
Households
2.2
Avg Household Size
43
Median Age
46%
College-Educated
94%
High-School Grad
21.4 sq mi
ZIP Area
1,390
Density / Sq Mi
$74,652
Median Household Income
$45,221
Median Earnings
$1,359
Median Rent
$222,200
Median Home Value
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 - Flexible office layout with a welcoming reception area, private offices, conference space, kitchenette, and central air.
Where is this office building located?
The property is located at 7193 Saint Andrews Road Columbia, SC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,500+/- square foot office building with welcoming reception area; 0.41‑acre lot; Eight or nine private offices plus conference room or collaborative work area
