Commercial Land with Existing
For Sale
$370,000
3032 Sunset Boulevard, West Columbia, SC 29169
A 1970-built structure provides an existing improvement along the US-378 commercial corridor.
Property Size1,970 SF
Price / SF$187.82
Days on Market496
Property Features for 3032 Sunset Boulevard
General Information
Standard status
Active
Size
1,970 SF
Property subtype
Commercial
Building Details
Building Size
1,970 SF
Year Built
1970
Listing Agency:
CARTER Realty, Inc.
Listed By:
Margaret-Ann Ashburn · License #1813
(803) 261-3646
Source:
Margaret-ann
Added: Jun 20, 2025
Changed: Oct 27
Last Checked: Oct 27 at 3:26AM
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 CARTER Realty, Inc.
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.
The commercial land includes a 1,970-square-foot existing structure built in 1970. The property is on Sunset Boulevard, identified as US-378, between two signalized intersections. Lexington Medical Center and major interstates are nearby. A billboard sign is located on the property but is excluded from the sale.
Key Highlights
- 1,970‑square‑foot existing structure
- Built in 1970
- Fronts Sunset Boulevard (US‑378), between two signalized intersections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,837
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,740
$396.7K
Cap Rate 7%
$283,386
$283.4K
Cap Rate 9%
$220,411
$220.4K
Market Conditions
NOI Build-Up for 1,970 SF
Gross rent
$29.6K $15.00/SF
− Vacancy
−$1.2K −$0.61/SF
EGI
$28.3K $14.39/SF
− OpEx
−$8.5K −$4.32/SF
NOI
$19.8K $10.07/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,740
Cap Rate 7%
$283,386
Cap Rate 9%
$220,411
Alternative Uses
Best Use
Retail
$283.4K
$248.0K – $330.6K
NOI $19,837 @ 7.0% cap · market cap 5.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$529.1K
$463.0K – $617.3K
NOI $37,036 @ 7.0% cap · market cap 10.01%
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
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
97k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 36%
Hotels & Casinos 3%
Murphy USA
Shops & Services
24,604 visits/mo
0.3 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
17,672 visits/mo
0.4 miles
Freddy's Frozen Custard & Steakburgers
Dining
13,837 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,662 visits/mo
0.3 miles
La Fogata
Dining
7,931 visits/mo
0.4 miles
Demographics for 29169, SC
22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
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 South region
Frequently Asked Questions
What type of property is this?
Commercial land - A 1970-built structure provides an existing improvement along the US-378 commercial corridor.
Where is this commercial land located?
The property is located at 3032 Sunset Boulevard West Columbia, SC.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 1,970‑square‑foot existing structure; Built in 1970; Fronts Sunset Boulevard (US‑378), between two signalized intersections
