1002 Drake St Columbia, SC

This land is positioned centrally among three key areas of Southeast Columbia: the Garners Ferry Corridor with the I-77 Interchange, the main entrance to Fort Jackson, and the Cross Hill Market, which features Whole Foods. The location provides convenient access to Downtown and the University of South Carolina. The Garners Ferry Retail Corridor is nearby, offering major national retailers within a 2-3 mile radius. Richland County and the City of Columbia have a property tax abatement program for new development projects, potentially reducing property taxes by up to 35% for the first ten years if the developer meets specific criteria, such as developing additional public infrastructure or allocating a percentage of units to meet affordability requirements. Employment opportunities are available in this submarket at the VA Hospital, USC School of Medicine, Richland County School District, Midlands Technical College – Beltline Campus, and the University of South Carolina downtown. Retail employers include Cross Hill Market (Whole Foods, Ulta Beauty, Athleta, Midwood Smokehouse), Food Lion Plaza (Food Lion, Staples), Shoppes at Woodhill (Target, Starbucks, World Market, Party City), and Landmark Square (Goodwill, Ross, Dollar General, Big Lots), along with fast-food chains, convenience stores, and hospitality options.