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    Irmo Office Space For Sale Title is generated by Realmo AI

    725 Kennerly Rd, Irmo, SC

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    1500 SF office space in Irmo with reception area.

    Type:OFFICE
    Property size:
    1,500 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $157/SF
    Added:
    Feb 16, 2023
    Days on Market:
    1219
    Last Refresh:
    May 20 at 9:05 pm

    Property Features for 725 Kennerly Rd

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    0.06 Acres
    Property subtype
    OFFICE

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    Listing Contact
    David Brock
    David Brock

    Listing agent David Brock License #58004

    Listing office ERA Wilder Realty Inc. - Columbia

    Listing date Feb 16, 2023

    Source Moodyscre

    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

    HighLights

    • Ready to occupy office space in Irmo.
    • 1500 sf of office space at a fantastic value.
    • Includes reception area, four offices, conference room, two bathrooms, break room and storage.
    • Conference room equipped with video conferencing equipment.
    • Desirable Irmo location.
    • Price is lower than the cost to build.

    Overview

    This 1500 square foot office space in Irmo features a reception area, four offices, a conference room equipped with video conferencing equipment, two bathrooms, a break room, and storage. The property is intended for use as office space and is ready for immediate occupancy.

    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 $26.3k $17.52
    − Vacancy −$2.2k −$1.45
    EGI $24.1k $16.07
    − OpEx −$6.0k −$4.02
    NOI $18.1k $12.05
    1,500 SF · lease $17.52/SF/yr · vacancy 8.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $258.2K
    $225.9K – $301.2K (±1% cap)
    NOI $18,074 @ 7.0% cap · market cap 7.67%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $338.5K
    $296.2K – $394.9K (±1% cap)
    NOI $23,692 @ 7.0% cap · market cap 10.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Irmo
    County
    Richland
    State
    South Carolina
    Longitude
    -81.1593
    Latitude
    34.099

    FAQs

    What type of property is this?
    Office units - 1500 SF office space in Irmo with reception area.
    Where is this office units located?
    The property is located at 725 Kennerly Rd Irmo, SC.
    What is the asking price?
    The asking price for this property is $235,777.
    What are key features of this property?
    This property features: Ready to occupy office space in Irmo.; 1500 sf of office space at a fantastic value.; Includes reception area, four offices, conference room, two bathrooms, break room and storage.
    (803) 728-8400 Call to check price and availability
    More about this property
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