Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1701 St Julian Pl Columbia, SC 29204
    Property profile & analytics

    1701 St Julian Pl, Columbia, SC 29204

    View on Map
    • Office Spaces
    • 14,442 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1701 St Julian Pl

    Year built
    1969
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 14,442 square foot medical office building, located at 1701 St. Julian Pl, Columbia, SC 29204, presents a unique investment opportunity. Built in 1969, this Class C property offers eight individual units, ideal for a variety of medical practices or a single large tenant. The building boasts 60 convenient parking spaces, ensuring ample availability for patients and staff. A significant advantage is the building's complete plumbing infrastructure, already fully equipped for medical use, eliminating costly retrofitting expenses. Its strategic location offers close proximity to MUSC and Baptist Medical Campus, providing excellent visibility and accessibility for medical professionals. The property is divisible into multiple suites, making it suitable for smaller private practices seeking individual spaces. This versatile property is available for sale or lease, with occupancy anticipated in May 2025. The property is situated in Richland County, South Carolina, and offers a prime location within the Columbia medical corridor. This is a rare opportunity to acquire a well-positioned medical office building with significant potential for growth and return on investment. The building's existing infrastructure and convenient location make it an attractive option for both established and emerging medical practices.

    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
    -81.0021
    Latitude
    34.0162

    Comparable in this City

    • Value Estimation by Request
      43,000 SF

      1777 St Julian Pl

      Medical Office Space
      1777 St Julian Pl, Columbia, SC 29204
      View Details
    • Value Estimation by Request
      12,395 SF

      1706 St Julian Pl

      Medical Office Space
      1706 St Julian Pl, Columbia, SC 29204
      View Details
    • Value Estimation by Request
      12,395 SF

      1706 St Julian Pl

      Office Spaces
      1706 St Julian Pl, Columbia, SC 29204
      View Details
    • Value Estimation by Request
      11,250 SF

      20/21 Business Ctr

      Distribution properties
      20/21 Business Ctr, Columbia, SC 29204
      View Details
    • Value Estimation by Request
      30,000 SF

      4112 Hartford St

      Retirement homes
      4112 Hartford St, Columbia, SC 29204
      View Details
    • Value Estimation by Request
      100 SF

      1115 Carter St

      OFFICE BUILDING
      1115 Carter St, Columbia, SC 29204-2876
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,442 SF

      Medical Office Building For Sale

      Medical office building with ample parking near medical campuses.
      1701 Saint Julian Pl, Columbia, SC 29204
      View Details
    • Contact for pricing
      5,528 SF

      Downtown Office Condos For Sale

      Four office condos totaling 5,528 SF in downtown Columbia.
      2757 Laurel St, Columbia, SC 29204
      View Details
    • Contact for pricing

      Medical Office Building For Sale

      Medical office building for sale or lease in Forest Acres.
      1701 St Julian Pl, Columbia, SC 29204
      View Details
    • Contact for pricing
      12,395 SF

      Medical Office Near Medical Campuses

      Medical office building with ample parking near medical facilities.
      1706 St Julian Pl, Columbia, SC 29204
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,797 SF

      Medical Office Complex For Rent

      Medical office complex in Columbia's Central Business District.
      2601 Laurel St, Columbia, SC 29204
      View Details
    • Contact for pricing

      Class A Medical Office Building

      Medical office building near MUSC Health Columbia Medical Center.
      2611 Forest Dr, Columbia, SC 29204
      View Details
    • Contact for pricing

      Renovated Shopping Center in Forest Acres

      Premier shopping center with upscale tenants in a desirable location.
      2710 Gervais St, Columbia, SC 29204
      View Details
    • Contact for pricing
      12,641 SF

      Office Space Available For Rent

      Office space available for rent in Columbia, SC.
      1605 Pinehurst Rd, Columbia, SC 29204
      View Details
    • Contact for pricing

      Landmark Drive Office Suites Available

      Office suites for lease in a convenient location.
      3610 Landmark Dr, Columbia, SC 29204
      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.
    1701 St Julian Pl
    Columbia, SC 29204
    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
    1701 St Julian Pl, Columbia, SC, 29204
    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!