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Neighborhood Commercial Office Building
For Sale
$575,000

7451 Irmo Drive, Columbia, SC 29212

1992-built office building with private offices, conference rooms, and exterior storage options.

Property Size3,866 SF
Lot Size0.92 Acres
Price / SF$148.73
Days on Market139

Property Features for 7451 Irmo Drive

General Information

Standard status Active
Size 3,866 SF
Class B
Total Parking Spaces 13
Lot size 0.92 Acres
Property subtype Office
Zoning Neighborhood Commercial (CN)

Additional Details

Office Units 13

Building Details

Building Size 3,866 SF
Year Built 1992
Listing Agency: Trinity Partners | Columbia
Listed By: Bruce Harper, SIOR
Source: Trinity-partners
Added: Jun 1 Changed: Oct 6 Last Checked: Oct 16 at 6:00AM

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 Trinity Partners | Columbia

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Investment Insights

Based on property information with market context.

This 13,866 SF office building was built in 1992 and is laid out with 13 offices, two conference rooms, and a break room for day-to-day operations. The interior includes three bathrooms plus three interior storage rooms and an electrical closet to support administrative and operational needs. Outside, the property offers two exterior storage buildings, along with dedicated parking for 13 vehicles.

The building is located in the Town of Irmo within Neighborhood Commercial (CN) zoning, positioned in close proximity to commercial and residential corridors and multiple interstate systems. The overall site is 0.92 acres.

With its established office configuration and multiple room options for meetings and collaboration, this property is well suited for professional service tenants or owner-operators seeking a practical workplace with built-in storage. The combination of interior and exterior storage can also help accommodate organizations with equipment, supplies, or document-heavy workflows, while the parking availability supports daily employee and visitor access.

Key Highlights

  • 3,866 SF office building built in 1992 with 13 offices and 3 bathrooms
  • Includes 2 conference rooms, plus a break room
  • Three interior storage rooms and an electrical closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,928
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,560 $918.6K
Cap Rate 7%
$656,114 $656.1K
Cap Rate 9%
$510,311 $510.3K
Market Conditions
NOI Build-Up for 3,866 SF
Gross rent
$74.2K $19.20/SF
− Vacancy
−$13.0K −$3.36/SF
EGI
$61.2K $15.84/SF
− OpEx
−$15.3K −$3.96/SF
NOI
$45.9K $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%
$918,560
Cap Rate 7%
$656,114
Cap Rate 9%
$510,311

Alternative Uses

Best Use
Office B
$656.1K
$574.1K – $765.5K (±1% cap)
NOI $45,928 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$952.0K
$833.0K – $1.11M (±1% cap)
NOI $66,637 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

South Carolina Golf ... Golf Course South Carolina Junior ... Charitable Organization

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Barber Shop HVAC Service Law Firm Locksmith

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

13
Office units

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby

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
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

18.6% 2020
11.6% 2021
9.7% 2022
7.4% 2023
7.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - 1992-built office building with private offices, conference rooms, and exterior storage options.
Where is this office building located?
The property is located at 7451 Irmo Drive Columbia, SC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3,866 SF office building built in 1992 with 13 offices and 3 bathrooms; Includes 2 conference rooms, plus a break room; Three interior storage rooms and an electrical closet
More about this property
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