Office Building with Multiple
For Sale
$850,000
8311 Two Notch Road, Columbia, SC 29223
Separate entry points accommodate multiple business operations or distinct office functions.
Property Size5,969 SF
Price / SF$142.40
Days on Market333
Property Features for 8311 Two Notch Road
General Information
Standard status
Active
Size
5,969 SF
Property subtype
Commercial
Additional Details
Condition
Newly Renovated
Highway Access
Yes
Property Use
Office
Amenities
state-of-the-art conference room
well-appointed kitchen/break area
abundant amount of storage
Building Details
Building Size
5,969 SF
Year Built
1985
Buildings
1
Listing Agency:
CARTER Realty, Inc.
Listed By:
Margaret-Ann Ashburn · License #1813
(803) 261-3646
Source:
Margaret-ann
Added: Dec 3, 2025
Changed: Oct 29
Last Checked: Oct 29 at 2:58PM
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 CARTER Realty, Inc.
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Investment Insights
Based on property information with market context.
This 5,969-square-foot office building, constructed in 1985, has a renovated interior with updated finishes. Multiple private entrances allow the space to be divided for separate business functions or occupied by multiple tenants. Interior features include a conference room, a kitchen and break area, and storage.
The property is at 8311 Two Notch Road in Columbia, South Carolina, with access to I-20 and I-77. Its configuration combines distinct entry points with shared office amenities.
The property is at 8311 Two Notch Road in Columbia, South Carolina, with access to I-20 and I-77. Its configuration combines distinct entry points with shared office amenities.
Key Highlights
- 5,969‑square‑foot office building
- Constructed in 1985; renovated interior
- Multiple private entrances support separated office functions or multi‑tenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,912
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,418,240
$1.4M
Cap Rate 7%
$1,013,029
$1.0M
Cap Rate 9%
$787,911
$787.9K
Market Conditions
NOI Build-Up for 5,969 SF
Gross rent
$114.6K $19.20/SF
− Vacancy
−$20.1K −$3.36/SF
EGI
$94.5K $15.84/SF
− OpEx
−$23.6K −$3.96/SF
NOI
$70.9K $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%
$1,418,240
Cap Rate 7%
$1,013,029
Cap Rate 9%
$787,911
Alternative Uses
Best Use
Office B
$1.01M
$886.4K – $1.18M
NOI $70,912 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.71M
NOI $102,886 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
735
Businesses Nearby
Explore this area
Business Placement
Demographics for 29223, SC
52,477
Population
24,142
Households
2.2
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
2,074
Density / Sq Mi
$56,300
Median Household Income
$37,435
Median Earnings
$1,217
Median Rent
$183,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office building - Separate entry points accommodate multiple business operations or distinct office functions.
Where is this office building located?
The property is located at 8311 Two Notch Road Columbia, SC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 5,969‑square‑foot office building; Constructed in 1985; renovated interior; Multiple private entrances support separated office functions or multi‑tenant occupancy
