Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    122 Riverwalk Blvd Ridgeland, SC 29936
    Back to Search
    Property profile & analytics

    122 Riverwalk Blvd Ridgeland, SC 29936

    View on Map
    • Office Units
    For Lease
    View Listing →
    Ridgeland Office Space Available For Lease
    Contact for pricing
    2,600 SF

    Ridgeland Office Space Available

    Office space for sublease in well-maintained building.

    122 Riverwalk Blvd, Ridgeland, SC 29936
    View Listing
    Property ID
    US77-2542650
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Units

    Property Details for 122 Riverwalk Blvd

    Year built
    2007
    Property type
    Office Units
    Property subtype
    Commercial real estate

    Description

    ±2,600 SF available for sublease in Ridgeland, SC. Ample parking that wraps around the building. Two entrances - one in the front of the building and one in the rear. 6 offices (offices have the potential to be divided into smaller spaces). Well-maintained office building located off Riverwalk Boulevard near Okatie Highway with easy access to Fording Island Road.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ridgeland
    County
    Jasper
    State
    South Carolina
    Longitude
    -80.9364365
    Latitude
    32.319611

    Comparable in this City

    • $16 SF/Yr

      Ridgeland Flex Space Available

      Flex space with drive-up and dock doors for lease.
      175 Fordville Rd, Ridgeland, SC 29936
      View Details
    • Contact for pricing

      Flex Space Near Highway 170

      Flex space with office and warehouse components, convenient location.
      37 Hazzard Creek Dr E, Ridgeland, SC 29936
      View Details
    • $36 SF/Yr
      1,820 SF

      Retail Space in Growing Area

      New retail space with high visibility on Highway 170.
      Okatie Hwy N, Ridgeland, SC 29936
      View Details
    • Contact for pricing
      1,200 SF

      Okatie Flex/Industrial Space Available

      Flex/Industrial space available for lease in Okatie, South Carolina.
      1089 Okatie Hwy, Okatie, SC 29936
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,000 SF

      Ridgeland Commercial Property For Sale

      Prime commercial property in Ridgeland with redevelopment potential.
      668 Green St, Ridgeland, SC 29936
      View Details
    • Contact for pricing
      1,500 SF

      New Office Space Available

      Class A office suite in high-growth Ridgeland area.
      3369 Argent Blvd, Ridgeland, SC 29936
      View Details
    • $1,300,000
      13,000 SF

      Prime Commercial Property in Ridgeland

      13,000+ sq ft in central Ridgeland, suitable for various uses.
      668 Green St, Ridgeland, SC 29936
      View Details
    • $1,000,000

      Prime Commercial Land Opportunity

      2.66 acres on North Okatie Highway, Ridgeland, South Carolina.
      2007 N Okatie Hwy, Ridgeland, SC 29936
      View Details
    • $550,000
      2.67 Acres

      Commercial Land in Ridgeland, SC

      Highway frontage lot ready for development in Ridgeland, SC.
      N Okatie Hwy, Ridgeland, SC 29936
      View Details
    • Contact for pricing

      5 Acres in Ridgeland, SC

      5 acres of land in a rapidly growing county.
      505 Sisters Ferry Rd, Ridgeland, SC 29936
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr

      Ridgeland Flex Space Available

      Flex space with drive-up and dock doors for lease.
      175 Fordville Rd, Ridgeland, SC 29936
      View Details
    • Contact for pricing

      Flex Space Near Highway 170

      Flex space with office and warehouse components, convenient location.
      37 Hazzard Creek Dr E, Ridgeland, SC 29936
      View Details
    • $36 SF/Yr
      1,820 SF

      Retail Space in Growing Area

      New retail space with high visibility on Highway 170.
      Okatie Hwy N, Ridgeland, SC 29936
      View Details
    • Contact for pricing
      1,200 SF

      Okatie Flex/Industrial Space Available

      Flex/Industrial space available for lease in Okatie, South Carolina.
      1089 Okatie Hwy, Okatie, SC 29936
      View Details
    View Listing
    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.
    122 Riverwalk Blvd
    Ridgeland, SC 29936
    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
    122 Riverwalk Blvd, Ridgeland, SC, 29936
    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!