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    710 Rabon Rd Columbia, SC 29203

    Sponsored
    For Sale
    $6,500,000

    Class A, Net Lease, High Occupancy

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a ±20,000 square foot Class A medical office building in Northeast Columbia, South Carolina. Located at 710 Rabon Road, this multi-tenant property boasts a 4.60% cap rate and is priced at $6,500,000 ($325/sq ft). Situated on approximately 1.94 acres, the building offers ample parking with 113 spaces, including five handicapped spaces and three van-accessible spots. A convenient covered porte-cochère enhances accessibility at the main entrance/elevator lobby. The property benefits from a recently installed HVAC system and enjoys a prime location approximately 0.5 miles from Interstate 77, benefiting from high daily traffic volume on Farrow Road. Its proximity to MUSC Medical Northeast and numerous other medical practices, along with nearby retail and dining options, makes this a highly desirable location. Currently 94% occupied, this building represents a stable and attractive investment opportunity in a thriving medical corridor. The property features a strong tenant base and has a history of consistent occupancy.

    Property Features for 710 Rabon Rd

    General Information

    Property type
    Medical offices
    Square Feet
    20,000 SF
    Class
    A
    Lot Size
    84,506 SF

    HighLights

    • ±20,000 SF Class A medical office building on ±1.94 acres in Northeast Columbia, SC.
    • 113 parking spaces, including 5 handicapped and 3 van‑accessible spaces.
    • Covered porte‑cochère at main entrance/elevator lobby.
    • Excellent location near MUSC Medical Northeast and other medical practices.
    • ~0.5 miles from I‑77, providing easy access to major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wendy Lykes Nurse Practitioner Palmetto Primary Care ... Family Practice Physician Dr. Martin P. ... Radiologist Dr. Alan B. ... Radiologist Dejesus Dennis MD Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.9527922
    Latitude
    34.1037782

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    FAQs

    What type of property is this?
    Medical office - Class A, Net Lease, High Occupancy
    Where is this medical office located?
    The property is located at 710 Rabon Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: ±20,000 SF Class A medical office building on ±1.94 acres in Northeast Columbia, SC.; 113 parking spaces, including 5 handicapped and 3 van-accessible spaces.; Covered porte-cochère at main entrance/elevator lobby.
    Request Owner's contact information
    710 Rabon Rd Columbia, SC 29203
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    Columbia, SC 29203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    710 Rabon Rd Columbia, SC 29203
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