Integrated Heart Center Medical
For Sale
Contact for pricing
8 Richland Medical Park Dr, Columbia, SC 29203
Advanced heart center integrated into Prisma Health Heart Hospital; new roof installed in Q1 2026.
Property Size96,190 SF
Price / SF$313.12
Days on Market163
Property Features for 8 Richland Medical Park Dr
General Information
Standard status
Active
Size
96,190 SF
Property subtype
OFFICE
Listing Agency:
Randall Commercial Group
(662) 234-4044
Listed By:
Elizabeth Randall · License #19734
(662) 234-4043
Source:
Moodyscre
Added: May 13
Changed: Oct 11
Last Checked: Oct 21 at 12:08AM
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 Randall Commercial Group
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Investment Insights
Based on property information with market context.
This advanced heart center is integrated into the Prisma Health Heart Hospital on a hospital campus in a dense metropolitan area. The facility is part of the medical complex at 8 Richland Medical Park Dr, Columbia, SC 29203.
A new roof was installed in Q1 2026, with an approximate capital investment of $652,000. The offering presents a healthcare-focused buildout as part of an existing hospital integration, supported by recent major exterior improvement.
A new roof was installed in Q1 2026, with an approximate capital investment of $652,000. The offering presents a healthcare-focused buildout as part of an existing hospital integration, supported by recent major exterior improvement.
Key Highlights
- Advanced heart center integrated into Prisma Health Heart Hospital on a hospital campus.
- New roof installed in Q1 2026 with approx. capital investment of $652K.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,288,176
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,763,520
$25.8M
Cap Rate 7%
$18,402,514
$18.4M
Cap Rate 9%
$14,313,067
$14.3M
Market Conditions
NOI Build-Up for 96,190 SF
Gross rent
$2.31M $24.00/SF
− Vacancy
−$161.6K −$1.68/SF
EGI
$2.15M $22.32/SF
− OpEx
−$858.8K −$8.93/SF
NOI
$1.29M $13.39/SF
Area
Columbia, SC
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$25,763,520
Cap Rate 7%
$18,402,514
Cap Rate 9%
$14,313,067
Alternative Uses
Best Use
Healthcare Medical
$18.40M
$16.10M – $21.47M
NOI $1,288,176 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$23.69M
$20.73M – $27.63M
NOI $1,658,008 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,189
Businesses Nearby
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Business Placement
Demographics for 29203, SC
39,449
Population
18,815
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
84%
High-School Grad
62.3 sq mi
ZIP Area
633
Density / Sq Mi
$42,371
Median Household Income
$30,228
Median Earnings
$1,041
Median Rent
$121,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Hospital - Advanced heart center integrated into Prisma Health Heart Hospital; new roof installed in Q1 2026.
Where is this hospital located?
The property is located at 8 Richland Medical Park Dr Columbia, SC.
What is the asking price?
The asking price for this property is $30,119,201.
What are key features of this property?
This property features: Advanced heart center integrated into Prisma Health Heart Hospital on a hospital campus.; New roof installed in Q1 2026 with approx. capital investment of $652K.
