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    1201-1203 Colonial Commons Ct Lancaster, SC 29720

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    For Sale
    $1,100,000

    Two professional buildings on one property near the Medical University.

    Property size:
    8,482 SF
    Lot size:
    0.82 Acres

    Property Features for 1201-1203 Colonial Commons Ct

    General Information

    Size
    8,482 SF
    Lot size
    0.82 Acres

    Source: Votta Realty Agent Debra Votta

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two Professional Buildings Near MUSC

    This property features two professional buildings situated on one lot. Building 1, located at 1201 Colonial Commons Ct, is configured as a medical office with approximately 14 rooms, a separate file room, a reception area, and a waiting room. It is wired for an X-ray room and includes an upper-level work area. New flooring has been installed in part of Building 1. Building 2, located at 1203 Colonial Commons Ct, offers three curtained areas, a reception area, a waiting room area, a file room, a large open space area, and workstations on the upper level. The property is located minutes from the Medical University of South Carolina (MUSC). The property is currently being leased, and the lease will transfer with the sale. One building is currently leased, while the other building on the premises can be occupied by the new owner.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Skin Care Clinic Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    South Carolina
    Longitude
    -80.795932
    Latitude
    34.715319

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    FAQs

    What type of property is this?
    Medical office - Two professional buildings on one property near the Medical University.
    Where is this medical office located?
    The property is located at 1201-1203 Colonial Commons Ct Lancaster, SC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Two professional buildings on one property, offering flexibility to lease one and occupy the other.; - Prime location, minutes from MUSC (Medical University of South Carolina).; - Building 1 is already set up as a medical office with approximately 14 rooms, reception, waiting area, and wired for X-ray.
    (704) 909-9630
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    1201-1203 Colonial Commons Ct Lancaster, SC 29720
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    Lancaster, SC 29720
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    Realmo Value Estimation

    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.

    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.

    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
    1201-1203 Colonial Commons Ct Lancaster, SC 29720
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