Leased Commercial
2638 Two Notch, Columbia, SC 29204
For Sale
$650,000
COMMERCIAL/INDUSTRIAL, Columbia, SC
Property Size2,240 SF
Lot Size1.46 Acres
Price / SF$290.18
Days on Market478
Property Features for 2638 Two Notch
General Information
Property type
Property subtype
Zoning
Parking
Directions
Subdivision
Standard status
Size
Lot size
Additional Details
Tenant in Place
Utilities
Cooling system
Building Details
Floors in Building
Buildings
Listing Agency:
Southern Visions Realty I LLC
Listed By:
Angela Cash · License SC #1330081
(803) 359-9571
Added: Jul 21, 2025
Changed: Nov 2
Last Checked: Nov 10 at 12:06PM
MLS# 613589
Copyright © 2026 Consolidated MLS, SC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,240-square-foot commercial building sits on a 1.46-acre parcel at 2638 Two Notch in Columbia. The property is fully leased, with a five-year lease term and four five-year renewal options. The owner is responsible for building maintenance, and the building has central air conditioning.
The site fronts Midlands Shopping Center along Two Notch Road and is zoned CAC. On-site parking is available.
The site fronts Midlands Shopping Center along Two Notch Road and is zoned CAC. On-site parking is available.
Key Highlights
- 2,240‑square‑foot commercial building on 1.46 acres
- Fully leased with a five‑year lease term and four five‑year renewal options
- Owner responsible for building maintenance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,837
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,740
$636.7K
Cap Rate 7%
$454,814
$454.8K
Cap Rate 9%
$353,744
$353.7K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$48.4K $21.60/SF
− Vacancy
−$2.9K −$1.30/SF
EGI
$45.5K $20.30/SF
− OpEx
−$13.6K −$6.09/SF
NOI
$31.8K $14.21/SF
Area
Columbia, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,740
Cap Rate 7%
$454,814
Cap Rate 9%
$353,744
Alternative Uses
Best Use
Retail
$454.8K
$398.0K – $530.6K
NOI $31,837 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.6K
$482.6K – $643.5K
NOI $38,610 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Shops & Services 23%
McDonald's
Dining
26,057 visits/mo
0.5 miles
Burger King
Dining
6,869 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,144 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
1,973 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
1,678 visits/mo
0.1 miles
Demographics for 29204, SC
18,059
Population
8,687
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
2,822
Density / Sq Mi
$49,745
Median Household Income
$32,288
Median Earnings
$993
Median Rent
$185,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Columbia, SC
Frequently Asked Questions
What type of property is this?
NNN property - The property is fully leased under an arrangement that includes four five-year renewal options.
Where is this nnn property located?
The property is located at 2638 Two Notch Columbia, SC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,240‑square‑foot commercial building on 1.46 acres; Fully leased with a five‑year lease term and four five‑year renewal options; Owner responsible for building maintenance
