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Property profile & analytics
OFF-MARKET
Office buildings

7520 Irmo Dr Columbia, SC 29212-8607

2,623 SF 0.56 ac lot Built 1995
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-1024041
Property summary
AI-generated overview

This exceptional 2-story, 2,623 sq ft medical office building in Columbia, SC, presents a compelling investment opportunity. Located at 7520 Irmo Dr, in Lexington County, zip code 29212, this Class C property boasts 100% occupancy across its ten units, generating a strong NOI of $34,632 and a 7.55% cap rate. The asking price is $459,000, translating to $174.99 per square foot. Built in 1995, the building features a gross lease structure and sits on a single lot. Currently, the building offers 2,623 square feet of finished space on the main floor, with an additional approximately 800 square feet of unfinished space on the second floor, presenting a significant opportunity to increase rentable square footage and revenue. The property's convenient location, just five minutes from Interstate 26, ensures excellent accessibility. The current below-market rents offer substantial upside potential for future income growth. The property is zoned CN and is a multi-tenant building. This is an ideal investment for those seeking a stable, high-yield asset with significant value-add potential. The property is fully leased, providing immediate cash flow. This is a rare opportunity to acquire a well-maintained, fully occupied medical office building in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 2,623 SF
Lot 0.56 ac (24,394 SF)
Zoning code CN
APN 001931-03-004
UPID US77-1024041
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
Current use
Occupant on record · Public records
  • Faceplant Skin Studio LLC Spa & Massage Center
  • Norcom Mortgage: Jake Coker Loan Service Bank
  • great rate lender Loan Service Bank
  • Krae McCaskill Ellisor MLO Loan Service Bank
  • Ashiatsu Columbia Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Irmo Holdings LLC · 1 yrs held
Irmo Holdings LLC
since 2024
Last sale
$440,000
3 recorded transactions
2024
$440,000
2016
$200,000
2015
Price N/A
Zoning & alternative use
CN · Columbia, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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