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    5420 Forest Dr Columbia, SC 29206

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    For Lease
    $18 SF/Yr ($3,645 /Mo)

    Retail spaces for lease with high visibility and traffic counts.

    Property size:
    2,430 SF
    Lot size:
    8.38 Acres

    Property Features for 5420 Forest Dr

    General Information

    Size
    2,430 SF
    Lot size
    8.38 Acres

    Source: Wilson Kibler | Columbia Agent John Mills

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

    Overview

    Retail Space on Forest Drive

    Located on Forest Drive at I-77, this property is near Fort Jackson, the Army’s largest and most active initial entry training center, where over 45,000 soldiers are trained annually. The location offers excellent visibility and frontage on Forest Drive, with an Average Daily Traffic Count of approximately 27,600 vehicles per day. Nearby I-77 experiences Daily Traffic Counts of approximately 82,600 vehicles per day. Available spaces include a ±6,200 SF second-generation restaurant space (Suite 9) that is coming available; contact broker for details. Additionally, Suite 24 offers ±2,000 SF, and Suite 28A & Suite 28B provide an anchor space ranging from ±25,000 SF to ±60,000 SF. The property offers a total of 2,430 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Walmart Pharmacy Pharmacy Walmart Photo Center Photo Shop Walmart Baby & Nursery ... Family Service Center S & S Eyecare ... Optometrist Walmart Vision & Glasses Optician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -80.954675
    Latitude
    34.023008

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    FAQs

    What type of property is this?
    Strip mall - Retail spaces for lease with high visibility and traffic counts.
    Where is this strip mall located?
    The property is located at 5420 Forest Dr Columbia, SC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High visibility and frontage on Forest Drive with ±27,600 VPD.; - Proximity to Fort Jackson, training over 45,000 soldiers annually.; - Easy access to I-77 with ±82,600 VPD.
    (803) 779-8600
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    5420 Forest Dr Columbia, SC 29206
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    Columbia, SC 29206
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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
    5420 Forest Dr Columbia, SC 29206
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