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    Leesburg Road Commercial Opportunity Zone Title is generated by Realmo AI

    1525 & 1531 Leesburg Road, Columbia, SC 29209

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    For Sale
    $220,000

    Former car lot with office building, close to I-77.

    Type:Land
    Property size:
    812 SF
    Price / SF:
    $270/SF
    Added:
    Mar 6, 2026
    Days on Market:
    123
    Last Refresh:
    Apr 5 at 11:50 pm

    Property Features for 1525 & 1531 Leesburg Road

    General Information

    Standard status
    Active
    Size
    812 SF
    Property subtype
    Land

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    Billy Way, CCIM, SIOR

    Listing office ROI Commercial

    Listing date Mar 6, 2026

    Source Roicommercialsc

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

    All listing content including descriptions, pricing, images are the copyrighted material of ROI Commercial

    HighLights

    • Located in an Opportunity Zone
    • Frontage and Signage along Leesburg Road
    • Close proximity to I‑77 and Garners Ferry Road
    • High Traffic Count: 24,500 VPD
    • Fully fenced property
    • Includes an 812 SF Modular Office Building

    Overview

    This property, situated in an Opportunity Zone, is a former car lot that includes a small office building. The site is fully fenced and features frontage and signage along Leesburg Road. The property includes an 812 square foot modular office building. It is located approximately 1.3 miles from I-77 and Garners Ferry Road. Traffic count in 2017 was 24,500 vehicles per day.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $17.5k $21.60
    − Vacancy −$1.1k −$1.30
    EGI $16.5k $20.30
    − OpEx −$4.9k −$6.09
    NOI $11.5k $14.21
    812 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $164.9K
    $144.3K – $192.4K (±1% cap)
    NOI $11,541 @ 7.0% cap · market cap 5.25%
    Second Best
    Industrial
    $141.6K
    $123.9K – $165.2K (±1% cap)
    NOI $9,914 @ 7.0% cap · market cap 4.51%
    Theoretical Best
    Office A
    $199.9K
    $175.0K – $233.3K (±1% cap)
    NOI $13,996 @ 7.0% cap · market cap 6.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Entity Motors Llc Car Dealership

    Suggested Use

    Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Electrical Service Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -80.9345
    Latitude
    33.9767

    FAQs

    What type of property is this?
    Commercial land - Former car lot with office building, close to I-77.
    Where is this commercial land located?
    The property is located at 1525 & 1531 Leesburg Road Columbia, SC.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Located in an Opportunity Zone; Frontage and Signage along Leesburg Road; Close proximity to I‑77 and Garners Ferry Road
    More about this property
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