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Medical Office Space For Sale

74 Polo Rd, Columbia, SC

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For Sale

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Medical office space available near Lexington Medical Center.

Type:OFFICE

Property size:

9,975 SF

Lot size:

1.25 Acres

Price / SF:

$225/SF

HighLights

±9,975 SF of Medical Office space available.
Dedicated X‑ray and CT Scan rooms.
Large lab area.
Ample offices.
55 parking spaces.
Less than five (5) miles to both Interstate 20 and I‑77.

We can help!

Contact an agent

Will Unthank

For Sale

Contact for pricing

Medical office space available near Lexington Medical Center.

Type:OFFICE

Property size:

9,975 SF

Lot size:

1.25 Acres

Price / SF:

$225/SF

Added:: Mar 14, 2022
Days on Market:: 1577
Last Refresh:: May 20 at 8:06 pm

Property Features for 74 Polo Rd

General Information

Standard status: Active
Size: 9,975 SF
Lot size: 1.25 Acres
Property subtype: OFFICE

We can help!

Contact an agent

Will Unthank

Listing office Wilson Kibler | Columbia

Listing date Mar 14, 2022

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 Wilson Kibler | Columbia

HighLights

±9,975 SF of Medical Office space available.
Dedicated X‑ray and CT Scan rooms.
Large lab area.
Ample offices.
55 parking spaces.
Less than five (5) miles to both Interstate 20 and I‑77.

Overview

This property offers approximately 9,975 square feet of medical office space located off Two Notch Road in Northeast Columbia. The layout includes dedicated rooms for X-ray and CT Scan equipment, a large laboratory area, and multiple offices. The site provides 55 parking spaces. The property is situated less than five miles from both Interstate 20 and I-77. It is located next to Lexington Family Northeast and near Lexington Medical Center’s new urgent care and imaging facility, a project encompassing approximately 225,000 square feet that was completed in 2020.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$239.4k	$24.00
− Vacancy	−$16.8k	−$1.68
EGI	$222.6k	$22.32
− OpEx	−$89.1k	−$8.93
NOI	$133.6k	$13.39

9,975 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 40.00%

Alternative Uses

Best Use

Healthcare Medical

$1.91M

$1.67M – $2.23M (±1% cap)

NOI $133,585 @ 7.0% cap · market cap 5.94%

Second Best

Office B

$1.69M

$1.48M – $1.98M (±1% cap)

NOI $118,503 @ 7.0% cap · market cap 5.27%

Theoretical Best

Office A

$2.46M

$2.15M – $2.87M (±1% cap)

NOI $171,937 @ 7.0% cap · market cap 7.64%

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

Property Profile Location Intelligence

Current Use by Public Records

Dr. Nada A. Hamzy, ... Pediatrician Lagniappe Medical Clinic Paul Plante, MD Physician Soroos Jennifer M ... Physician Dr. Jai N. ... Physician

Suggested Use

Similar Places Nearby

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Northeast Animal Clinic: Ng Jennifer DVM — 122 N Brickyard Rd, Columbia, SC 29223
US Animal/Plant Health Inspct — 9600 Two Notch Rd # 10, Columbia, SC 29223

Location Insight

Map
Local Demand

City: Columbia
County: Lexington
State: South Carolina
Longitude: -80.8999
Latitude: 34.1058

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What type of property is this?

Medical Office Space - Medical office space available near Lexington Medical Center.

Where is this medical office space located?

The property is located at 74 Polo Rd Columbia, SC.

What is the asking price?

The asking price for this property is $2,250,000.

What are key features of this property?

This property features: ±9,975 SF of Medical Office space available.; Dedicated X‑ray and CT Scan rooms.; Large lab area.

74 Polo Rd, Columbia, SC

Medical office space available near Lexington Medical Center.

Property Features for 74 Polo Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Triplex Income Property with Garage Apartment

Renovated Free-Standing Office Building

Triplex with Separate Utility Meters

Neighborhood Commercial Office Building

General Commercial Two-Building Property

Freestanding Office Building with Expansion

Warehouse Near Columbia Airport

Updated Open Office Suite

Mixed-Use Building on Large Lot

Duplex and Single-Family Rental Portfolio

Turn-Key Mobile Home Park

Duplex with Vacant and Occupied Side

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