Mixed-Use Building on Large
3905 Fernandina Rd, Columbia, SC 29210
For Sale
Contact for pricing
Freestanding mixed-use building with highway frontage and redevelopment potential.
Property Size9,261 SF
Lot Size1.23 Acres
Price / SF$183.46
Days on Market264
Property Features for 3905 Fernandina Rd
General Information
Standard status
Size
Class
Total Parking Spaces
Lot size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Buildings
Stories
Listing Agency:
ERA Wilder Realty
Listed By:
David Brock · License SC #58004
(803) 728-8400
Source:
Crexi
Added: Feb 20
Changed: Nov 7
Last Checked: Nov 8 at 7:06AM
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 ERA Wilder Realty
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Investment Insights
Based on property information with market context.
The property at 3905 Fernandina Road is a freestanding building offering approximately 9,261 square feet of retail and restaurant space. Situated on approximately 1.23 acres, the site features about 335 feet of highway frontage and high visibility. There are 33 on-site parking spaces. The building has a versatile layout that includes retail or restaurant space, second-floor office space or living quarters with a full bathroom, dedicated warehouse space, three drive-in doors, and one loading dock. The property's configuration and industrial components make it suitable for restaurant, retail showroom, service, distribution, or owner-user operations. The large parcel and ample parking enhance accessibility and long-term redevelopment potential.
Key Highlights
- Exceptional highway visibility with approximately 335 feet of frontage.
- Versatile mixed‑use configuration suitable for retail, restaurant, showroom, service, distribution, or owner‑user operations.
- Boasting ±9,261 SF freestanding building on ±1.23 acres with ample parking (33 spaces).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,301
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,746,020
$2.7M
Cap Rate 7%
$1,961,443
$2.0M
Cap Rate 9%
$1,525,567
$1.5M
Market Conditions
NOI Build-Up for 9,261 SF
Gross rent
$170.0K $18.36/SF
− Vacancy
−$8.5K −$0.92/SF
EGI
$161.5K $17.44/SF
− OpEx
−$24.2K −$2.62/SF
NOI
$137.3K $14.83/SF
Area
Columbia, SC
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,746,020
Cap Rate 7%
$1,961,443
Cap Rate 9%
$1,525,567
Alternative Uses
Best Use
Warehouse
$1.96M
$1.72M – $2.29M
NOI $137,301 @ 7.0% cap · market cap 8.08%
Second Best
Retail
$1.88M
$1.65M – $2.19M
NOI $131,625 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$2.28M
$2.00M – $2.66M
NOI $159,630 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
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Business Placement
Demographics for 29210, SC
39,299
Population
19,592
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
16.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$50,258
Median Household Income
$32,240
Median Earnings
$1,076
Median Rent
$183,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Mixed-use property - Freestanding mixed-use building with highway frontage and redevelopment potential.
Where is this mixed-use property located?
The property is located at 3905 Fernandina Rd Columbia, SC.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Exceptional highway visibility with approximately 335 feet of frontage.; Versatile mixed‑use configuration suitable for retail, restaurant, showroom, service, distribution, or owner‑user operations.; Boasting ±9,261 SF freestanding building on ±1.23 acres with ample parking (33 spaces).
