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Freestanding Spa and Wellness Property
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7211 Broad River Rd, Irmo, SC 29063

Freestanding salon building at a signalized intersection with parking and proximity to major healthcare and retail destinations.

Property Size3,845 SF
Lot Size0.51 Acres
Price / SF$221.07
Days on Market190

Property Features for 7211 Broad River Rd

General Information

Standard status Active
Size 3,845 SF
Total Parking Spaces 14
Lot size 0.51 Acres
Property subtype Office, Retail

Site & Location

Corner Location Yes
Traffic Count 20,800 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Asking Price $850,000

Building Details

Year Built 2014
Buildings 1
Building Size 3,845 SF
Listing Agency: NAI Columbia
Listed By: Bobby Balboni · License #SC 113453
Source: Crexi
Added: Apr 8 Changed: Oct 3 Last Checked: Oct 12 at 8:53PM

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 NAI Columbia

Investment Insights

Based on property information with market context.

This freestanding salon property offers approximately 3,845 square feet on approximately 0.51 acres. Constructed in 2014, the building features modern landscaping, a contemporary presentation, and an existing layout suitable for salon operations. The property is also positioned for potential medical spa or medical office use.

The site occupies the signalized intersection of Broad River Rd and Dutchman Blvd, with reported traffic volumes of 20,800 VPD and access to nearby Lake Murray Blvd and I-26. Prisma Health Baptist Parkridge Hospital is approximately one mile away via Kinley Rd. The surrounding retail environment includes Publix, Food Lion, Jersey Mike’s, Bojangles, Dollar General, Wingstop, AutoZone, and Goodwill.

Parking includes 12 spaces plus 2 additional ADA spaces. Additional parking may be possible by removing the storage building.

Key Highlights

  • Approximately 3,845 SF on approximately 0.51 AC
  • Constructed in 2014 with modern landscaping
  • Signalized intersection of Broad River Rd and Dutchman Blvd

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,330
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,600 $926.6K
Cap Rate 7%
$661,857 $661.9K
Cap Rate 9%
$514,778 $514.8K
Market Conditions
NOI Build-Up for 3,845 SF
Gross rent
$67.4K $17.52/SF
− Vacancy
−$5.6K −$1.45/SF
EGI
$61.8K $16.07/SF
− OpEx
−$15.4K −$4.02/SF
NOI
$46.3K $12.05/SF
Area
Richland County, SC
Vacancy
8.30%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$926,600
Cap Rate 7%
$661,857
Cap Rate 9%
$514,778

Alternative Uses

Best Use
Office B
$661.9K
$579.1K – $772.2K (±1% cap)
NOI $46,330 @ 7.0% cap · market cap 5.45%
Second Best
Healthcare Medical
$589.2K
$515.6K – $687.4K (±1% cap)
NOI $41,244 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$867.6K
$759.1K – $1.01M (±1% cap)
NOI $60,731 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

AIZA Hair&Body Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Storage Facility Electrical Service Big Box & Wholesale Store Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,800 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby
Under-served
Demand for This Use

Demographics for 29063, SC

36,341
Population
14,658
Households
2.5
Avg Household Size
40
Median Age
46%
College-Educated
96%
High-School Grad
40.1 sq mi
ZIP Area
906
Density / Sq Mi
$92,147
Median Household Income
$48,853
Median Earnings
$1,599
Median Rent
$239,300
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Freestanding salon building at a signalized intersection with parking and proximity to major healthcare and retail destinations.
Where is this spa & wellness property located?
The property is located at 7211 Broad River Rd Irmo, SC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 3,845 SF on approximately 0.51 AC; Constructed in 2014 with modern landscaping; Signalized intersection of Broad River Rd and Dutchman Blvd
(803) 254-0100 Call to check price and availability
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