Two-Tenant Office
For Sale
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7464 Woodrow Street, Irmo, SC 29063
Fully leased office property with General Commercial zoning in Irmo.
Property Size11,770 SF
Price / SF$220.90
Days on Market63
Property Features for 7464 Woodrow Street
General Information
Standard status
Active
Size
11,770 SF
Class
B
Total Parking Spaces
45
Property subtype
Office
Zoning
General Commercial
Occupancy
100%
Investment Type
Stabilized
Building Details
Year Built
2008
Buildings
1
Tenancy
Multi
Listing Agency:
Meybohm Commercial
Listed By:
Luke Henderson · License #SC 130415
(803) 215-5147
Source:
Crexi
Added: Aug 14
Changed: Oct 5
Last Checked: Oct 14 at 11:40PM
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 Meybohm Commercial
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Investment Insights
Based on property information with market context.
Built in 2008, this 11,770-square-foot office building is configured for two tenants and is fully leased. The property carries General Commercial zoning and is located at 7464 Woodrow Street in Irmo, South Carolina.
The property sits within the Irmo submarket, near the Harbison Retail Corridor and Columbiana Centre. Regional context includes Prisma Health Baptist Parkridge Hospital, while Interstate 26 provides commuter access to Downtown Columbia, the University of South Carolina, and Fort Jackson.
Irmo is part of the Columbia Metropolitan Statistical Area and is served by Lexington-Richland School District Five. The surrounding economy includes healthcare, higher education, state government, and regional retail commerce.
The property sits within the Irmo submarket, near the Harbison Retail Corridor and Columbiana Centre. Regional context includes Prisma Health Baptist Parkridge Hospital, while Interstate 26 provides commuter access to Downtown Columbia, the University of South Carolina, and Fort Jackson.
Irmo is part of the Columbia Metropolitan Statistical Area and is served by Lexington-Richland School District Five. The surrounding economy includes healthcare, higher education, state government, and regional retail commerce.
Key Highlights
- 11,770‑square‑foot office building
- Built in 2008
- Fully leased to two tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,821
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,836,420
$2.8M
Cap Rate 7%
$2,026,014
$2.0M
Cap Rate 9%
$1,575,789
$1.6M
Market Conditions
NOI Build-Up for 11,770 SF
Gross rent
$206.2K $17.52/SF
− Vacancy
−$17.1K −$1.45/SF
EGI
$189.1K $16.07/SF
− OpEx
−$47.3K −$4.02/SF
NOI
$141.8K $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%
$2,836,420
Cap Rate 7%
$2,026,014
Cap Rate 9%
$1,575,789
Alternative Uses
Best Use
Office B
$2.03M
$1.77M – $2.36M
NOI $141,821 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.66M
$2.32M – $3.10M
NOI $185,904 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with General Commercial zoning in Irmo.
Where is this office building located?
The property is located at 7464 Woodrow Street Irmo, SC.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 11,770‑square‑foot office building; Built in 2008; Fully leased to two tenants
