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Property profile & analytics
FOR LEASE
Medical Office Space
1 Southern Ct West Columbia, SC 29169
Entity Owned
~
Est. High Equity
Property ID
US77-3036795
For Lease
1 / 3
$6,065,000
1 Southern Ct, West Columbia, SC 29169
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Total area
69,654 SF
Lot
5.04 ac (219,542 SF)
Zoning code
ID
APN
004596-01-035
UPID
US77-3036795
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.26M
Blend (final)
Blend
$6.07M
Owner & transaction history
Hoffman Columbia LLC
Hoffman Columbia LLC
since 2025
Last sale
$6.6M
6 recorded transactions
Zoning & alternative use
ID · West Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Columbia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Columbia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,075,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$6.07M
Range $5.46M – $6.67M · ±10% · vs last sale $6.62M (Dec 18 2025)
Last sale anchor
$6.62M
Dec 18 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$93,420
Tax year 2023
Assessed value
$252,046
Assessed 2023
Previous assessed
$252,046
+0.0% YoY
Effective rate
37.06%
On assessed value
Assessed land
$41,584
Assessed improvement
$210,462
Land market value
$693,071
Improvement market value
$3,507,708
Total market value
$4,200,779
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2000
Heating
NONE
Total area
69,654 SF
Lot
5.04 ac (219,542 SF)
Zoning code
ID
APN
004596-01-035
UPID
US77-3036795
Jurisdiction
LEXINGTON
Zoning & alternative use
ID · West Columbia, SCZoning ID · permitted uses
ID · West Columbia, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$10.1M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Lot
5.04 ac
Current owner
From public records · entity-resolved
Hoffman Columbia LLC
Entity
Mailing address
400 CTR ST, NEWTON, MA 02458-2094
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
$6,618,000
Hoffman Columbia LLC
Dhc Zb Properties LLC
Deed
—
Feb 16, 2024
—
Dhc Zb Properties LLC
—
Deed
related
$940,534,000 · Us Bank Trust Co NA
Sep 7, 2021
—
Snh Medical Office Office Propertie
—
Deed
related
$800,000,000 · Wells Fargo Bank NA
Dec 30, 2010
$4,701,800
Snh Medical Office Props Trust
Hub Properties Trust
Grant Deed
—
Jan 10, 2007
$5,000,000
Hub Properties Trust
Palmetto Park Assocs-one Sthrn
Grant Deed
—
—
—
Palmetto Park Assocs-one Sthrn
—
Deed Of Trust
related
$2,000,000 · Wachovia Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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