Property profile

10254 2nd Notch Rd Columbia, SC 29229

OFF-MARKET
Commercial real estate
Property ID
US77-0222378
8,800 SF 2.12 ac lot Built 2013
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 1,079 square foot retail space, located at 10254 Two Notch Rd B, Columbia, SC 29229, is part of an 8,422 square foot building constructed in 2014. The property is situated in Richland County's Northeast Columbia submarket, a high-barrier-to-entry retail corridor with high traffic volume (32,400 vehicles per day) due to its proximity to CSX railroad tracks. This single-tenant space benefits from a full-access signal at the entrance to the Village at Sandhill, a large lifestyle center. Strong co-tenancy includes Aspen Dental, T-Mobile, The Vitamin Shoppe, McAlister's Deli, Marco's Pizza, and Sleep Number. The location offers excellent visibility and accessibility, with multiple points of ingress and egress and cross-access to an adjacent shopping center. The property features pylon signage and ample parking (104 spaces). The space is an outparcel to a high-volume Hobby Lobby store. Nearby major retailers include Academy Sports, Belk, JCPenney, T.J. Maxx, Ulta, Rooms To Go, Lowe's Foods, Regal Cinemas, The Home Depot, Fresh Market, Pet Supermarket, Hobby Lobby, Target, Kroger, and Best Buy. The property is zoned B3 and has a lot size of 2.12 acres. The building is a Class B, single-story structure with a building floor area ratio of 0.09. The former Great Clips location is available immediately.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2013
Construction FRAME
Total area 8,800 SF
Lot 2.12 ac (92,347 SF)
Zoning code GC
APN R22914-06-01
UPID US77-0222378

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Restaurant
  • Furniture & Home Goods
  • Hair Salon

Location

10254 2nd Notch Rd Columbia, SC 29229-4401
Columbia metro Census 11414 COLUMBIA, SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.14M

Owner & transaction history

since 2014
6 recorded transactions
2014
$8.0M
2013
$3.9M
2013
Price N/A
2010
Price N/A
2000
$350,000
1969
Price N/A

Zoning & alternative use

GC · Columbia, SC
Zoning description

titutional District ......................................................................... 3-38 (i) DAC: Downtown Activity Center District .................................................................. 3-40 (j) GC…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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