Fully Occupied Office Building For
9367 Two Notch Rd. & 34 Office Park Ct, Columbia, SC 29209
Fully occupied office building on 1.06 acres in Columbia.
Type:Office
Property size:
10,000 SFLot size:
1.06 AcresPrice / SF:
$186/SF- Added:
- Oct 8, 2022
- Days on Market:
- 1334
- Last Refresh:
- May 19 at 9:05 pm
Property Features for 9367 Two Notch Rd. & 34 Office Park Ct
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 1.06 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing agent Jake Nidiffer License #SC 106741
Listing office Trinity Partners
Listing date Oct 8, 2022
Source Crexi
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
HighLights
- Fully occupied office building, providing immediate rental income.
- Located in northeast Columbia near I‑20 and I‑77, offering excellent accessibility.
- Investor opportunity for commercial real estate.
- Includes approximately 0.51 acre of undeveloped lot, offering expansion potential.
- Building renovations completed in 2021.
- Total of 1.06 acres of land.
Overview
This is an investor opportunity to acquire a fully occupied office building situated on 1.06 acres. The property is located in northeast Columbia, with proximity to I-20 and I-77. The building provides approximately 10,000 square feet of office space. Constructed in 1988, the building underwent repairs and renovations in 2021. The site includes approximately 0.51 acre of undeveloped lot in the adjacent office park.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $192.0k | $19.20 |
| − Vacancy | −$33.6k | −$3.36 |
| EGI | $158.4k | $15.84 |
| − OpEx | −$39.6k | −$3.96 |
| NOI | $118.8k | $11.88 |
10,000 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.70M
$1.49M – $1.98M
NOI $118,800 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,368 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Lexington
- State
- South Carolina
- Longitude
- -80.920435
- Latitude
- 34.098808
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Fully occupied office building on 1.06 acres in Columbia.
Where is this office building located?
The property is located at 9367 Two Notch Rd. & 34 Office Park Ct Columbia, SC.
What is the asking price?
The asking price for this property is $1,862,500.
What are key features of this property?
This property features: Fully occupied office building, providing immediate rental income.; Located in northeast Columbia near I‑20 and I‑77, offering excellent accessibility.; Investor opportunity for commercial real estate.
