Ready-to-Use Storefront
New
For Sale
$600,000
1201 Broad River Road, Columbia, SC 29210
Commercial Sale, Columbia, SC
Property Size2,280 SF
Lot Size0.35 Acres
Price / SF$263.16
Days on Market2
Property Features for 1201 Broad River Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial
Directions
Shows on GPS.
Standard status
Active
APN
R07307-07-02
Size
2,280 SF
Lot size
0.35 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Building materials
Block, Metal Siding
Listing Agency:
RE/MAX Results
(803) 269-8880
Listed By:
Nicolette A Fischer
(843) 883-2501
Added: Sep 3
Last Checked: Sep 4 at 7:06AM
MLS# 203791
Copyright © 2026 Sumter Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property contains 2,280 square feet on a 0.35-acre parcel. The building uses block and metal siding construction and is equipped with central air. Public water and public sewer serve the property, while cable is available.
Located at 1201 Broad River Road in Columbia, the property sits along the Broad River Road corridor. Its commercial setting and accessible position support a range of storefront-oriented business uses, subject to applicable requirements.
Located at 1201 Broad River Road in Columbia, the property sits along the Broad River Road corridor. Its commercial setting and accessible position support a range of storefront-oriented business uses, subject to applicable requirements.
Key Highlights
- 2,280‑square‑foot storefront property
- 0.35‑acre parcel on Broad River Road
- Block and metal siding construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,405
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$648,100
$648.1K
Cap Rate 7%
$462,929
$462.9K
Cap Rate 9%
$360,056
$360.1K
Market Conditions
NOI Build-Up for 2,280 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$49.2K $21.60/SF
− Vacancy
−$3.0K −$1.30/SF
EGI
$46.3K $20.30/SF
− OpEx
−$13.9K −$6.09/SF
NOI
$32.4K $14.21/SF
Area
Columbia, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$648,100
Cap Rate 7%
$462,929
Cap Rate 9%
$360,056
Alternative Uses
Best Use
Retail
$462.9K
$405.1K – $540.1K
NOI $32,405 @ 7.0% cap · market cap 5.40%
Second Best
Industrial
$397.7K
$348.0K – $464.0K
NOI $27,837 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$561.4K
$491.3K – $655.0K
NOI $39,300 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
153k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 36%
Groceries 17%
Chick-fil-A
Dining
34,273 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
26,067 visits/mo
0.2 miles
Murphy USA
Shops & Services
20,551 visits/mo
0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
13,919 visits/mo
0.4 miles
Wendy's
Dining
13,892 visits/mo
0.4 miles
Demographics for 29210, SC
39,299
Population
19,592
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
16.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$50,258
Median Household Income
$32,240
Median Earnings
$1,076
Median Rent
$183,000
Median Home Value
Market
Vacancy Rate% for Retail in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Block-and-metal-siding building with central air, public water, and public sewer.
Where is this storefront property located?
The property is located at 1201 Broad River Road Columbia, SC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2,280‑square‑foot storefront property; 0.35‑acre parcel on Broad River Road; Block and metal siding construction
