Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    924 Gervais St Columbia, SC 29201

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    924 Gervais St Columbia, SC 29201

    View on Map
    • Office properties & Spaces
    • 8,473 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Brink Hinson, Attorney at Law / Law Firm
    • HHP Law Group / Law Firm

    Property Details for 924 Gervais St

    Property size
    8,473 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional Class B office building, located at 924 Gervais Street in Columbia, South Carolina, offers a fantastic opportunity for businesses seeking executive office space. The property boasts a total of 8,473 square feet, with 2,592 square feet currently available for lease. The building is situated in Richland County, zip code 29201, providing convenient access to the city's amenities and transportation networks. The available space is ideal for a variety of businesses seeking a prestigious and functional workspace. The building's classification as a Class B property reflects its well-maintained condition and desirable features. The multiple tenancy structure allows for flexibility and potential for collaboration with other businesses. This is a rare opportunity to secure high-quality office space in a thriving South Carolina location. The property's address is 924 Gervais Street, Columbia, SC 29201. Interested parties are encouraged to inquire about lease terms and availability for the 2,592 square feet of vacant space. The property is categorized as an Executive Office building, reflecting its suitability for businesses requiring a professional and sophisticated environment. This is a turnkey solution for businesses looking to establish or expand their presence in the Columbia area. The building's size and layout offer ample space for various business needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.0373
    Latitude
    34

    Comparable in this City

    • Value Estimation by Request
      16,000 SF

      1276 Assembly St

      Retail properties & Spaces • 16,000 SF
      1276 Assembly St, Columbia, SC 29201
      View Details
    • Value Estimation by Request
      3,900 SF

      1225-1229 Lincoln St

      Restaurants • 3,900 SF
      1225-1229 Lincoln St, Columbia, SC 29201
      View Details
    • Value Estimation by Request
      26,302 SF

      1207-1217 Sunset Blvd

      Restaurants • 26,302 SF
      1207-1217 Sunset Blvd, Columbia, SC 29201
      View Details
    • Value Estimation by Request
      18,078 SF

      1005 Park St

      Office properties & Spaces • 18,078 SF
      1005 Park St, Columbia, SC 29201
      View Details
    • Value Estimation by Request
      30,000 SF

      325 Taylor St

      Office properties & Spaces • 30,000 SF
      325 Taylor St, Columbia, SC 29201
      View Details
    • Value Estimation by Request
      2,493 SF

      1116 Blanding St

      Office Units • 2,493 SF
      1116 Blanding St, Columbia, SC 29201
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,170 SF

      Historic Building in The Vista

      Historic building with parking lot suitable for mixed-use development.
      925 Park St, Columbia, SC 29201
      View Details
    • Contact for pricing
      16,000 SF

      Office and Warehouse Near Downtown

      Premium office and warehouse space for sale near downtown Columbia.
      2320 Wayne St, Columbia, SC 29201
      View Details
    • Contact for pricing
      2,350 SF

      Furnished Office Building Downtown Location

      2,350 SF Class B office building in downtown Columbia.
      1905 Gadsden St, Columbia, SC 29201
      View Details
    • Contact for pricing

      Retail/Flex Building in Downtown

      Multi-tenant building with retail, showroom, office, and warehouse space.
      300 Huger St, Columbia, SC 29201
      View Details
    • Contact for pricing

      Converted Antebellum Office Buildings

      Three former homes converted to office space near downtown.
      1821 Hampton St, Columbia, SC 29201
      View Details
    • Contact for pricing

      Renovated Flex Building Near University

      Flex building with office and warehouse space near USC.
      1445 Shop Rd, Columbia, SC 29201
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Riverfront Office and Retail Space

      Class A office and retail space in Canalside development.
      325 Taylor St, Columbia, SC 29201
      View Details
    • $19 SF/Yr
      2,317 SF

      Downtown Columbia Office Space

      ±2,317 SF Office, Prime Location
      1812 Lincoln St, Columbia, SC 29201
      View Details
    • Contact for pricing
      7,200 SF

      Columbia Executive Office Suite

      Prime Location, 300 SF Available
      1001 Washington St, Columbia, SC 29201
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available for lease in Columbia, South Carolina.
      930 Richland St, Columbia, SC 29201
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office space for lease at 500 Taylor St, Columbia.
      500 Taylor St, Columbia, SC 29201
      View Details
    • Contact for pricing

      Retail/Office Building in Columbia, SC

      4,152 SF building in the heart of Columbia, SC.
      1812 Taylor St, Columbia, SC 29201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    924 Gervais St
    Columbia, SC 29201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    924 Gervais St, Columbia, SC, 29201

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!