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    1720 Lake Murray Blvd Columbia, SC 29212

    For Sale
    $3,800,000

    Sub-dividable 11.22-acre commercial land with utilities available.

    Lot size:
    11.22 Acres

    Property Features for 1720 Lake Murray Blvd

    General Information

    Lot size
    11.22 Acres

    Source: ERA Wilder Realty Inc. - Columbia Agent David Brock

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

    Overview

    Lake Murray Boulevard Land Opportunity

    This 11.22-acre commercial land is located on Lake Murray Boulevard and is suitable for assisted living, storage, medical, or retail shopping center development. The property is sub-dividable and has all utilities available. It features approximately 520 feet of frontage on Lake Murray Boulevard and Weed Drive. The zoning is ID.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -81.2001493
    Latitude
    34.0797797

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    FAQs

    What type of property is this?
    Land - Sub-dividable 11.22-acre commercial land with utilities available.
    Where is this land located?
    The property is located at 1720 Lake Murray Blvd Columbia, SC.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - 11.22+\/- acres on Lake Murray Blvd suitable for various developments; - Sub-dividable land offering flexible development options; - **520 ft +\/- of frontage on Lake Murray Boulevard and Weed Drive providing high visibility**
    (803) 728-8400
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    1720 Lake Murray Blvd Columbia, SC 29212
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    Columbia, SC 29212
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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
    1720 Lake Murray Blvd Columbia, SC 29212
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