Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1084 Lake Murray Blvd Irmo, SC 29063

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-visibility commercial land in Irmo, SC, ready for development.

    Property size:
    4,956 SF
    Lot size:
    0.61 Acres

    Property Features for 1084 Lake Murray Blvd

    General Information

    Size
    4,956 SF
    Lot size
    0.61 Acres

    We can help!

    Listing Contact
    Bradham Wilder
    Bradham Wilder
    Source: Moodyscre

    Listing Agent: Bradham Wilder

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

    Learn more

    Property Insight Report

    Overview

    Prime Irmo Commercial Land Opportunity

    This commercial property is located in Irmo, South Carolina, offering high visibility and convenient access to major highways. The property, situated on a 0.61-acre lot, provides ample room for expansion and is surrounded by a mix of businesses and residential communities. It features a building envelope of over 5000 square feet, with stormwater and parking already in place. This property is suitable for various commercial ventures, including retail shops, restaurants, and offices, and allows for the construction of a customized building to meet specific business needs. The location is ideal for establishing a business presence in the Irmo community, offering an environment conducive to business growth and development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    David Brock Commercial ... Real Estate Agency Movement Mortgage Loan Service Nick Wall - ERA ... Real Estate Agency Eyamba The Realtor Real Estate Agency Allison Price - ERA ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Irmo
    County
    Richland
    State
    South Carolina
    Longitude
    -81.1781894
    Latitude
    34.0884366

    Nearby Similar for Sale

    • $564,000
      4,784 SF

      Brick Office Building For Sale

      4700+/- SF office building in high-traffic area.
      10216 Broad River Rd, Irmo, SC 29063
      View Details
    • $499,000
      3,566 SF

      Irmo Office Building For Sale

      Fully leased office building with ample parking in Irmo.
      3561 Dreher Shoals Rd, Irmo, SC 29063
      View Details
    • $650,000
      3,792 SF

      High Visibility Office/Retail Building

      3792 SF office/retail building in excellent condition.
      7328 Broad River Rd, Irmo, SC 29063
      View Details
    • $225,000
      2,200 SF

      Irmo Office in Thames Valley

      2,200± SF office space ideal for medical or professional use.
      1 Thames Vly Rd, Irmo, SC
      View Details
    • $349,900
      3,300 SF

      Irmo Office Building For Sale

      Office building in Irmo with high traffic count.
      7511 St Andrews Rd, Irmo, SC
      View Details
    • $235,777
      1,500 SF

      Irmo Office Space For Sale

      1500 SF office space in Irmo with reception area.
      725 Kennerly Rd, Irmo, SC 29063
      View Details
    • $850,000
      3,215 SF

      Irmo Storage Facility For Sale

      Fully leased storage facility with security features and LED signage.
      1610 Dutch Fork Rd, Irmo, SC 29063
      View Details
    • Contact for pricing

      Office Property Near Interstate I-26

      Office property with convenient access to residential and retail hubs.
      7440 Broad River Rd, Irmo, SC 29063
      View Details
    • $1,899,500
      5,960 SF

      Turn-Key Restaurant Opportunity For Sale

      Former Fatz Cafe, a turn-key restaurant opportunity with ample parking.
      7420 Broad River Rd, Irmo, SC 29063
      View Details
    • $3,216,000
      2,900 SF

      New Construction Zaxby's Restaurant

      New 2,900 SF Zaxby's with double drive-thru for sale.
      1325 Dutch Fork Rd, Irmo, SC 29063
      View Details
    • $3,200,000
      10,000 SF

      Irmo Warehouse with Dock Access

      Divisible warehouse space with multiple docks and power meters.
      150 Centrum Dr, Irmo, SC 29063
      View Details
    • Contact for pricing

      Columbia SC NNN Investment Property

      NNN single tenant investment property in Columbia, South Carolina.
      1019 Broad Stone Rd, Irmo, SC 29063
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial land in Irmo, SC, ready for development.
    Where is this commercial land located?
    The property is located at 1084 Lake Murray Blvd Irmo, SC.
    What are key features of this property?
    This property features: - Prominent location in the heart of Irmo with high visibility.; - Ability to construct a custom building tailored to specific business needs.; - Ample parking already in place.
    (803) 765-0211 Call to check price and availability
    Request Owner's contact information
    1084 Lake Murray Blvd Irmo, SC 29063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1084 Lake Murray Blvd
    Irmo, SC 29063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1084 Lake Murray Blvd Irmo, SC 29063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bradham Wilder
    Bradham Wilder
    Real Estate License ID: 78522
    (803) 765-0211 (803) 309-4709
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!